The American Community Survey reports that although the rate of remarriage after divorce has decreased 50% since 1990, men are more likely than women to marry again. Of every 1,000 men, 35.1 married a second time, compared to 19.4 women. A common concern in these...
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...
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....
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...
In any Ohio divorce, the parties must divide their marital property in a way that meets standards of fairness under state law. This is the goal of property division, which is the most time-consuming and technically difficult aspect of many divorces. But before they...
It is not uncommon for a married couple to have worked for years or decades to grow a strong business together. Unfortunately, when divorce becomes a reality, the couple must decide what will happen to the organization in the future. The first step in this process is...
Property division will frequently come to the forefront in an Ohio divorce in which the couple has accrued significant assets. The most common types of property in dispute include real estate, automobiles, jewelry, artwork and collectibles. Financial assets are also...
Spousal support, also known as alimony, is money that one spouse pays to the other spouse after they have decided to divorce. The court will consider several items when it decides whether to award spousal support, including the length of the marriage, whether the...
Property division can be one of the biggest obstacles to overcome in a divorce. Things become more challenging if one or both spouses are business owners. Dividing assets that also include businesses often require an accurate valuation of the businesses before...
Property division during a divorce can be a challenge, even for the most amicable of couples. Many couples acquire high-value marital property during the marriage and find it difficult to divide various assets between themselves upon divorce. Because Ohio is an...
