Regardless of circumstance, a divorce can be an emotional nightmare for couples. But it can also take a financial toll on a couple’s finances, especially in a high-asset divorce. One of the most contentious issues in a high-asset divorce is property division. Because...
Divorce
Antenuptial agreements can be invalidated
Many couples in the greater Columbus area have probably singed a prenuptial agreement. In Ohio, this kind of contract may be called by its formal name, antenuptial agreement. These agreements can be very helpful to a couple as they plan for marriage. For instance,...
The uptick in grey divorces
When we think about couples divorcing, we often picture people in their 30s or 40s, or even first year divorces between those in their 20s. And, that picture is often correct as about 50 percent of divorces happen around six years of marriage. However, many industry...
Answer these questions before considering a divorce
You have had this internal debate for a few months now. You even consulted with trusted family members regarding this personal situation. Should you pursue a divorce from your spouse? To a point, you are torn. However, lately, you believe that things have not gone...
How to prepare financially for your ‘gray divorce’
Today’s Baby Boomers are aging, and some are finding that after the children have flown the nest or they are near or at retirement that they have grown apart from their spouse or simply have different desires for how they want to live during their retirement. In fact,...
Temporary and permanent spousal support in Ohio
When a Dublin area couple is going through a divorce it can be a traumatic time for everyone. A divorce is a hard process for a person to go through and is often one of the most traumatic times of their lives. There are many details that need to be worked through in...
A hidden challenge in gray divorce
At a time when overall divorce rates have dropped, the divorce rate for older couples has doubled over the last few decades. For those in their 50s and 60s, divorce is more common than it has ever been. Often called gray divorce, couples are likely bolstered by...
How standard of living affects an alimony determination
A court’s determination on spousal support can set the stage for your post-divorce finances for some time to come. That’s why you should be armed with strong arguments when approaching this issue, lest you lose out on resources to which you’d otherwise be entitled....
Dividing a retirement pension can be complicated
Although they may not be as popular as they were several decades ago, many people who live in the Columbus area still are entitled to pensions. In particular, pensions have enduring popularity among government employees and those who are retired from the military. As...
Can a retirement account be divided in divorce?
Imagine two married couples. Mary and Martin have been married for many years. Mary has a number of jobs over the years, but Martin has worked at XYZ Widget Co. throughout the marriage. Every time he receives a paycheck, a little of it goes into his retirement...


