One of the most common ways to protect assets from a divorce is through a prenuptial agreement. While not the most loving conversation, it is a smart financial move, and it can help couples speak frankly about their finances and their financial philosophy. However,...
Divorce and distributive awards with high-value marital property
When an Ohio couple moves forward with a divorce, the court will seek to split the marital property in a way it deems to be fair. It will not necessarily be split 50-50. With distributive awards, the goal is to make sure that each side gets what he or she is entitled...
How to handle stock investments during property division
A shrewd investment can go a long way toward shoring up your finances, and many of us hope to take advantage of this opportunity. One Gallup poll found 55% of Americans said they do indeed own stock, either by themselves or jointly with a spouse. A divorce can...
How to handle a divorce without breaking down at work
Ohio residents going through a divorce are almost inevitably feeling emotions that seem beyond their control. It is understandable to feel overwhelmed by a divorce. According to some studies, the only thing more stressful than going through a divorce is coping with...
Why a billionaire moved money to one state’s trusts
When Ohio couples are getting divorced, they will need to exchange information about the marital estate, including the properties that are a part of the estate and their valuation. Some spouses may try to engage in deception by hiding or undervaluing assets. This is...
How can I break a prenuptial agreement?
Do you feel like your prenuptial agreement isn’t reflective of all your spouse’s property? Or was the signing process quick or forced upon you? If so, you might be able to break your prenup. You usually can’t predict the emotional toll your divorce will have on you....
Financial preparations for divorce
Divorce is often a complex and challenging process. Spouses likely feel a range of emotions, including sadness, anger or even relief. Combined with the potential involvement of children and the extensive paperwork required for property division negotiations, couples...
How to protect your business in a high asset divorce
Divorces are rarely simple. Even those without children or high-value properties involved can come with complications that make for a lengthy process. So, when a business is involved and both divorcing parties have assets at stake, the potential for complications may...
What is marital and non-marital property in Ohio?
Every part of the divorce process comes with its stresses and every divorce is different. Some ex-spouses find themselves at odds over child custody arrangements while others have trouble agreeing on support terms. One divorce step that is common among all divorces is...
Can my spouse claim business assets in divorce?
Owning a business often means that you face unique challenges. When one of these challenges involves your marriage, the line between your professional life and personal life may blur. Protecting your business and personal finances is critical if you are getting...
