When a marriage breaks up, concerns might shift from the emotional impact to the financial. Some divorces in Ohio could prove costly for a spouse with significant assets. However, there might be ways for a spouse to protect his or her net worth. A prenuptial or...
Divorce
The gray area in gray divorce
Getting a divorce while you're in your 50s or older can be particularly challenging when it comes to your finances. You'll need to know about alimony taxation and updating your estate. If you're an Ohio resident, here are some important things to consider as you plan...
Divorce settlements via life insurance
Family law in Ohio takes into consideration insurance for those experiencing divorce. Having insurance in place can ensure that your spouse receives aid should you pass away before them. For spouses who are still alive, the cost of a divorce could be overwhelming...
Understanding executive compensation during a divorce is crucial
If you're getting divorced in Ohio and one of you is an executive, there may be a significant amount of money involved. Understanding how compensation is provided in this situation is crucial to ensure the appropriate fair values are used when handling the divorce...
It’s essential to know how debt is treated when divorcing
If you're getting divorced in Ohio, you'll need to set up a plan for dividing your assets. Along with this task, you'll be required to choose who is responsible for paying your debts after you are divorced. Going through this process correctly is vital as you don't...
Document preparation and divorce proceedings
Divorce may seem challenging to deal with, and many couples may feel overwhelmed by the process. An attorney may assist and represents clients during the proceedings, often relying on documents and evidence provided by a spouse. Before appearing in an Ohio family...
Estate planning documents to update during a divorce
Divorce is stressful enough, but Ohio residents must check up on their important legal documents during this time. You should immediately update certain estate planning documents to ensure that your divorce goes smoothly. Your will As you go through a divorce, you’ll...
What to do when there is mental abuse in your marriage
It’s not easy for Ohio residents to realize that there may be abuse within their relationships. However, if you recognize the signs of mental abuse in your marriage, you might want to take immediate steps. What is mental abuse? Mental abuse is a form of abuse that...
How can you keep your business free from your divorce?
Being an entrepreneur in Ohio can be very rewarding. However, if you are getting a divorce and your spouse is connected to your business, you will want to keep things separate. These tips can help you deal with this issue. Keep business and family separate As a busy...
Living arrangements during a divorce
When people think about the difficult aspects of divorce, they often dwell on the division of property and child custody. However, there are also big changes to day-to-day life when a couple divorces in Ohio. One of the most significant is deciding where to live....