Divorce is a complex emotional and legal process, and it becomes even more challenging when your spouse is uncooperative. Their resistance can slow things down, increase stress and inflate costs. However, you don’t have to be at their mercy. You can navigate this...
Some Ohio divorce processes are very simple. Spouses may only own a few shared resources and may have a very easy time negotiating property division terms. Other times, couples preparing for divorce have complex marital estates. Resources ranging from executive...
Broadly speaking, when spouses divorce, each individual retains whatever property has been classified as “separate,” and both spouses either negotiate or litigate the division of “marital” or “shared” property. Most of the time, property owned by individuals before...
The greater the financial worth of a business, the greater the impact it will have on an upcoming Ohio divorce. Unless the business owner planned ahead and has an enforceable prenuptial agreement, the chances are good that they must take assertive steps to protect the...
Are you contemplating divorce and want to know how your separate property will be treated? Or are you contemplating marriage and want to best protect your separate property? In Ohio, separate property generally remains separate property. If, over time, the separate...
In determining the value of a real estate holding company, the valuator must look at the element of control. Control is the ability to influence or direct the finances of a business, the large decisions of a business, and the day-to-day operations of a business. ...
Sometimes, married couples start businesses together. Other times, one spouse has entrepreneurial dreams and the other supports them by continuing to work or managing the family affairs so that they can focus on their startup. One spouse might acquire a business...
Divorce proceedings often require a deep dive into the financial intricacies of a marriage. A thorough review isn't just a simple tally of assets and income. It's a comprehensive examination of the couple's standard of living during their marriage. Similarly, the...
A lot of financially complex divorces involve family businesses, whether those are largely controlled by one spouse or both. Unfortunately, the issues with valuation of the business are not easily resolved. First, couples have to agree on how the value will be fixed,...
It’s disappointing and discouraging when a divorce ruling doesn’t go your way. You might be wondering what options you have for an appeal. The appeals process is much different from the trial court process, and it’s important to work with an attorney who understands...
