A business that someone has purchased, started or inherited is potentially their most valuable resource. It could also be a major point of contention if they divorce. Someone who has invested years of their life into creating or running a company does not want that...
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High-Asset Divorce
Personal property can have a major impact on complex divorces
Complex divorces that feature more valuable marital estates and higher levels of household income than usual often take a long time to settle. Those with few assets can divide them quickly, but those with more marital property may find that they have more to disagree...
Why would a couple jointly own a home after divorce?
Generally, when couples get divorced, they have three basic options that they will consider for what to do with their home. In some cases, one person wants to keep owning the home, so they’ll just buy out the other person’s share. They may need to refinance their...
Is your spouse hiding assets during divorce proceedings?
Even if a divorce is amicable, dividing up the assets could turn an otherwise harmonious situation into a battle. Unlike community property states, Ohio divorce courts use an equitable distribution model to determine who gets what after the split. That means the...
How a forensics accountant can help during a divorce
Forensics accountants are often brought in during divorce proceedings in Ohio because they can provide a detailed analysis of financial records, consequently helping with the division of assets. Depending on the circumstances of your marriage or divorce, a forensic...
What to know about digital currency when preparing for your divorce
When you go through the asset division portion of the divorce process, you are setting yourself up with what you will need to start the new post-divorce chapter of your life successfully. As such, it’s important that you receive your fair share of your marital...
Not surprising: some impending exes hide marital assets
“Revelatory.” That is a term relevant to some divorces – especially high-asset decouplings – that is notably underscored on the website of one proven Ohio family law legal source. And here is why: Reality simply dictates that some soon-to-be exes are less than...
High-earning couples may divorce to save money
Married couples in Ohio often break up because they cannot reconcile their differences. For instance, they may split up because they are at odds about the right approach to spending their household dollars. Still, in some situations, the desire to save money may...