Older adults likely have many years of employment under their belts, and therefore, likely have larger retirement accounts. In fact, other than the marital home, retirement accounts may be an older couple’s largest asset. So when it comes to dividing up these...
Divorce takes an emotional toll, study finds
Those in the Dublin area going through a divorce can attest that divorce is an emotionally difficult time. This is especially true if the divorce is high-conflict, as one recent study shows. Study examines emotional toll of divorce The study examined over 1,800...
How can I, maybe, avoid divorce?
We all know that divorce is never an easy process, especially for couples that have been together for a decade or more. Detangling two lives that are so interwoven is often a complicated process. This is why some couple contemplating divorce are looking for an...
3 types of assets that must be divided in divorce
When ending a marriage, the divorcing couple faces a long path to finally reach their independent futures. Along this path, they might have to develop a parenting plan, determine support payments, divide debts and divide assets. While there are countless types of...
What are my options for dividing real estate in a divorce?
Many people in the Dublin area worked hard to be able to purchase a large, beautiful home or a vacation home and real estate is often a couple’s most valuable asset. So, when a couple decides to divorce, what to do with the family home or a vacation home is often a...
How do we divide our business during our divorce?
Anticipating what to do about a family business during a divorce can be a significant concern for divorcing spouses who also own a business together. For that reason, divorcing couples should be familiar with the different options for addressing a family business...
What is meant by “changed circumstances” in Ohio spousal support?
When there is a divorce in Ohio, it is common for one former spouse to pay spousal support (previously referred to as alimony) to the other. However, the amount that is paid can be in dispute. The paying spouse and the receiving spouse will often have a certain...
What factors are considered when determining alimony?
Requests for alimony can create disputes during the divorce process. Because it can be a contentious issue, it is useful for divorcing couples to be familiar with how requests for alimony, or spousal support, are handled during the divorce process. Factors considered...
Financial considerations during a grey divorce
When an Ohio couple is happy with their relationship or marriage, they cannot imagine a life where they are not happy or together. Unfortunately, divorces do happen. Often times, after years of marriage, spouses are left splitting up and dividing the assets and...
When might a prenup not hold up in court?
When you said “I, do” to your spouse, you may have envisioned spending years together, perhaps well into old age. However, not every marriage in Ohio is meant to last. Some couples recognize this prior to marrying, and will execute a prenuptial agreement, outlining...