Determining the value of a closely held business for property division purposes is a complex undertaking. It’s important that you work with an attorney who has experience in business valuations. It might be necessary to bring in other experts, such as accountants, to...
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...
Most court proceedings and filings in Ohio are public. You may be surprised to learn that divorce cases are no exception. Generally, if you get divorced the traditional way, a curious person could look up sensitive information about you that came out during the...
You've heard the statistic time and time again: half of U.S. marriages end in divorce. But divorce entails more than just an emotional separation. Usually, spouses obtain a lot during their time together, which can include credit card debt. Since Ohio is an equitable...
Arriving at an equitable division of property is a challenge in any divorce, but when you or your spouse have stock options as a part of your compensation and benefits package, it can be particularly difficult. While stock options are, as the name suggests, merely the...
Once a divorce has been finalized and the parenting plan is put into effect, relocation can be murky waters for the parents. A Court’s local rules as well as all changes being evaluated in what is in the Best Interests of the Child may impact a parent’s ability to...
There are many things that can pop up during the divorce process and cause serious disagreement, with asset division always near the top of the list. It doesn’t matter how many assets you share or what they’re worth, you must take steps to protect your legal rights....
Negotiating a financial settlement for a divorce can be relatively straightforward when the incomes of one or both spouses come from a regular salary. But what happens when earnings come from other types of compensation? In addition to a salary, people can receive...
After realizing your marriage will not last, you and your spouse have decided to divorce. But after years together, you both realize that splitting up your assets and deciding who gets custody of your children will not be easy. The two of you face high tensions when...
Every divorce case is different. People come to the table with different agendas, different property, and different family configurations. These variables can impact how one’s divorce plays out. That having been said, there are three challenges that many divorcing...