Finding hidden assets is important when divorcing. Doing so means that property and financial resources can be divided fairly. Hidden assets take on many forms, including properties or financial resources that one spouse hides from the other. In many cases, this is...
Ohio Family Lawyer
Here to Fight For You
Property Division
What does divorce mean for a family business?
For family business owners, divorce is always a potential threat to the success of the company. If a married couple owns a business together, their own personal divorce makes things very complicated for the business moving forward. In many cases, the business has to...
The name on an account isn’t the deciding factor in a divorce
During a divorce in Ohio, spouses need to divide property. Some assets are separate property that belong to either one spouse or the other. They can retain those possessions after the divorce. Other assets are marital property that they need to divide with one...
Setting property division priorities pre-divorce
Setting property division priorities before entering the divorce process is a important step that requires careful consideration and planning. Divorce can be an emotionally charged and complex process, and having a clear understanding of your priorities regarding...
What happens if you mix separate and marital property?
Whether an asset is classified as marital or separate is crucial to the division process phase of divorce proceedings. Separate property remains untouched, while marital assets are divided equitably between the divorcing couple. But what happens if there is a mix-up...
Which assets are marital property during an Ohio divorce?
Marriage involves the legal decision to combine one's life with someone else's, and divorce is the opposite. It is the intentional separation of two people's personal lives, assets and financial obligations so that they can live effectively apart from each other....
How you can accidentally give up an inheritance in a divorce
In many divorce cases, an inheritance that you received from your parents is not in jeopardy. It is considered a separate asset. As such, you do not have to divide it with your spouse and you get to keep all of the money or other assets that your parents left you....
3 options for the family home in a divorce
When you divorce, you will need to divide your marital assets. Your house is one of the most valuable of these. On top of that, it could carry sentimental value. If you need a court to decide how you will split your assets, they will look at its financial worth and...
What happens to your joint credit cards when you divorce?
The property division process in an Ohio divorce isn't just about your most valuable assets. It also requires that you address your financial obligations, such as credit card debt. Many married couples share lines of credit, with each spouse having their own...
What happens to your marital assets in an Ohio divorce?
You know that some of your biggest assets are marital property. The chances are good that you and your spouse bought your home together and are both on the mortgage, as well as on the deed to the property. Other assets could be in only one spouse's name, such as the...