Ohio law refers to prenuptial agreements as contracts and called them antenuptial agreements. Understanding these points can make it easier to know how to create one. With a prenuptial agreement being a contract, there are some essential criteria it must meet to be...
High-asset Divorce
How is child support calculated in a high-asset divorce?
Child support is one of the most important aspects of an Ohio divorce. It strives to ensure the child’s best interests are served and they have everything they need for a positive life after the complex and difficult upheaval of divorce. For people who are well off,...
The benefits of a collaborative divorce
Just as all marriages are unique, so too is every divorce. For couples with a high net worth, this can be particularly true with respect to property division. And while divorce can be a contentious event, it doesn’t have to be, and working together can have...
Four common mistakes in high-asset divorces
As you’re heading toward divorce, you’re probably wracked with a number of emotions, from anger and frustration to confusion and regret. These emotions can make it challenging to address the legal issues before you in an objective fashion. That’s understandable, and...
Reducing the impact a divorce has on a business
As the saying goes, what’s mine is yours. When a couple unites through marriage, it is often the case that spouses share everything in their union. This means that the property of one spouse is likely to be considered the property of both spouses. How property is...
Options for dividing a business during divorce
Property division is difficult in most divorces. When a family-owned business is involved, it can be especially tricky. Dividing a business in divorce can mean making some exacting calculations and some uncomfortable decisions. Options for dividing a business during...
Here’s how retirement accounts are divided in a divorce
If you’re heading into a high-value divorce, then you’ve probably got a lot of questions about the property division process. In its most basic terms, Ohio law provides for equitable distribution of marital assets. This means that those assets should be divided...
Factors courts consider for dividing business assets in a divorce
Getting a business off the ground can be extremely challenging, especially in this economy. Starting and maintaining a successful business typically requires a significant capital investment, a fully thought-out business plan, and years of hard work and dedication. If...
Understanding spousal support in Ohio
When a couple decides to divorce, one or both parties may request spousal support. In Ohio, there are several factors a court may consider when deciding whether to award spousal support. Factors in determining spousal support The court will look at the income of the...
High-asset divorce and the importance of asset tracing
Dividing property is often one of the most complex issues of any divorce. This is never more true than when the divorce involves assets which are high in value or widespread. Determining what belongs to each spouse can be time-consuming, but doing so ensures that the...