Divorce is a challenging and often complicated process, particularly when it involves high-value assets. The division of these assets can become a major point of contention between parties. Items can represent not only significant monetary value but also emotional...
High-asset Divorce
Detecting hidden assets during your Ohio divorce
One concern that may arise as you navigate your divorce is the fear that your spouse is hiding money or assets. In Ohio, concealing assets during a divorce is illegal. A fair settlement depends on a complete and honest disclosure of all marital assets. Here are some...
Things that may invalidate a prenuptial agreement
Having a prenuptial agreement is beneficial for many married couples, especially in high-asset situations. This agreement protects personal and family assets as well as businesses, and it outlines the distribution of assets and property in the event of a divorce....
Should you challenge your prenuptial agreement in your divorce?
According to the CDC, the divorce rate in Ohio for 2019-2021 was 2.6 percent, landing it right in the middle of states. In divorce law, prenuptial agreements often serve as a pivotal document, dictating the division of assets and properties between spouses. The terms...
What makes a legal prenuptial agreement?
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...
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...