Passive income is income that requires little to no ongoing effort to obtain. Examples include dividends from stocks, rent payments from rental real estate or royalty payments from intellectual property. In a divorce, passive income may impact spousal support and...
Will I Have To Pay Spousal Support After My Divorce?
An Ohio divorce can be a quick path to financial hardship, as you may find yourself not only dividing all of your property with your ex but now suddenly on the hook for making regular payments to them. Child support payments are often a necessity when you have minor...
Can Spousal Support Be Changed After A Divorce?
Yes, ongoing spousal support can be changed after a divorce or dissolution in Ohio. However, the law states that in order to make a change there must be a substantial change in circumstances that "makes the existing award no longer reasonable and appropriate." Another...
Does Investment Income Impact Child And Spousal Support?
Child or spousal support may be a concern when you file for divorce if you have minor children or a financially dependent spouse. Support orders are often an important part of a divorce, as they provide the custodial parent or dependent spouse with crucial financial...
What should high-income earners expect when alimony comes calling?
Alimony, or as some call it, spousal support, is an interesting subject and is rarely easy to determine. It's not as simple as setting a figure and saying the high-income earner must pay their spouse "this much or else." The court or mediator considers many factors...