Skilled Guidance For Complex Property Division Issues
Issues relating to the division of property can be some of the most contentious aspects of any divorce proceeding. Resolution can become even more difficult when there are significant or hard-to-value assets that must be divided. This is one reason it is important to have a skilled lawyer by your side who can help ensure all property is accounted for, properly valued and equitably divided. Our attorney, Zachary D. Smith, has been certified by the Ohio State Bar Association as a family relations law specialist and is a fellow of the American Academy of Matrimonial Lawyers. Family law is what we do. At our law firm, Zachary D. Smith, LLC, we have guided numerous people through the property division process as a part of their divorce proceedings.
Dividing Significant Assets Can Be Tricky
Ohio and Kentucky courts adhere to the principle of equitable distribution of marital property. It is important to keep in mind that “equitable” does not mean the same thing as “equal.” Rather, any property division will be carried out in a way that is as fair as possible. Generally speaking, if the property was acquired during the marriage, it will be subject to division. Property acquired prior to the marriage can be excepted from division, so long as the party advancing that claim proves the value of that premarital property. We can help ensure a fair and equitable division of all types of complex assets, including:
- 401(k)s and pensions, which many of us save funds for throughout our lives
- Closely held businesses and LLCs, which spouses are sometimes involved with
- Automobiles, car collections and current vehicles
- Furnishings, from artwork to furniture you cherish
- Real estate, such as vacation homes, rental properties and investment purchases
We will help identify property that may be divided and, when necessary, work with other experts such as business valuators and forensic accountants to help properly value property. We want to help divorcing couples reach an agreement outside of court. If litigation is the only way to resolve your dispute, we will tenaciously represent your interests in court.
We also have experience in helping clients divide complicated investment portfolios often containing different types of securities and security offerings. Simply put, dividing an investment portfolio, with ever-fluctuating value and varied tax consequences, is a complicated and critical part of the process. Walking away with what is rightfully yours is crucial. We can help you accomplish that.
Get Help With High Asset And Property Division Issues in Ohio
It is important to ensure that your property division is carried out fairly and equitably. For guidance, call us at 513-275-5367 or send us an email. We are available to meet you at any one of our three office locations – Cincinnati and Montgomery, Ohio, and one in Crescent Springs, Kentucky.