Dividing assets is a crucial part of going through a divorce. For many couples, one of the most expensive assets they own is the house. They need to determine what to do with their family home as the marriage comes to an end. Many couples will simply sell their house....
Divorce
What are commingled assets?
Placing your assets into categories is a critical early step when preparing for a divorce. Different states handle the division differently, but in all of them, property can be classified into two main categories. That which belongs to only one person is known as...
Difference between divorce and marriage dissolution in Ohio
Ending a marriage in Ohio involves choosing between divorce and dissolution. Understanding these processes helps you decide which option suits your situation. Legal separation vs. divorce vs. dissolution Ohio offers three ways to alter or end a marriage: legal...
Does divorce mean you must sell your jointly-owned business?
Divorce can be very complicated for business owners. This is true even if you own the business on your own and your spouse isn’t involved. But it gets even more complex if the two of you are joint business owners. During the divorce, one simple way to address property...
Sharing a lawyer could invalidate a prenuptial agreement
Prenuptial agreements, also known as premarital contracts or prenups, can help to give spouses protection from messy, acrimonious divorces. By agreeing to certain terms prior to marrying, they can preserve specific resources and limit the conflict that arises during...
How can misconduct affect a prenuptial agreement?
When a marriage faces challenges, one of the most significant factors that can affect a prenuptial agreement is misconduct. If you're going through a divorce and believe that your spouse's actions during the marriage were dishonest or harmful, you might be wondering...
What do forensic accountants do in divorce?
Dividing money and property in a high-asset divorce can get tricky. When businesses, investments, or hidden money enter the picture, things become even more complicated. Forensic accountants make sure everything stays fair and uncover all assets. Finding hidden money...
What are the challenges of international property division?
Dividing assets in a divorce is already complicated, but it becomes even more challenging when properties are located in multiple countries. International property division involves different legal systems, tax implications, and enforcement issues that can create...
How do a child’s special needs affect child support?
Divorcing parents with high incomes face unique challenges when their child has special needs. Standard child support rules may not cover extra costs like medical care, therapy, and special education. Judges can increase support amounts to meet a child's specific...
What factors can change spousal support after divorce?
Alimony, or spousal support, can change when significant events alter one or both parties’ circumstances. In Ohio, courts evaluate specific situations to determine if modifying support is justified and equitable. Major changes in income or employment Substantial...