Property Division

During the divorce process, it is important to understand what property division entails, particularly when it comes to dividing a business. Here are a few key things to keep in mind. Determining marital assets According to the law concerning divorce in Ohio, the...

Ohio couples who are in the process of divorce have many issues to consider, with one of the most important being what will happen to their home. Sometimes couples can come to an agreement on their own about their house, but other times, a judge must decide. When...

Some financial implications of getting divorced in Ohio are obvious to everyone. Each spouse will receive an equitable share of the marital property, meaning each will have significantly fewer financial resources than before. Assets usually subject to division include...

Along with sharing their life with a husband or wife, many people in Ohio also have ambition to own their own business. Unfortunately, despite hard work, both a marriage and a small business can fail. If you are headed toward divorce and own a small business, keeping...

How many of our readers have filed their income taxes yet? While there are many early birds in Ohio, others tend to wait until the last minute to file. If you got divorced in 2015, your tax return might be dramatically affected. Here, as explained by the Motley Fool,...

For most homeowners the Columbus area, the house is the most valuable thing they own. Besides that, the house is often the setting for many warm memories. It may be the first place you and your spouse bought together, and the place where your children have grown up....

It is fair to say that when a married person wants a divorce, his or her spouse usually is aware, at least on some level, that something is wrong. But sometimes, a spouse files for divorce and it comes straight out of the blue for the other spouse. For example, a...

Once a divorce is complete and the property has been divided as agreed upon by the former spouses or ordered by the judge, each ex can do with their stuff as they want. For example, one spouse may get the house. He or she may wish to keep the house, especially if he...

Among the most valuable assets potentially subject to division during a divorce is a small business. Depending on the history of the business, the court could order half of the business to go to one spouse, even if that spouse had little or nothing to do with the...

In Ohio, it is likely that the much, if not most, of the money you have in the bank or in investments will be considered marital property and subject to division if you ever divorce. Money earned or received during the marriage is generally considered to belong to...