Property division in a divorce is not always smooth sailing. While most divorces involve complex financial negotiations, some couples must confront an even more daunting issue: financial misconduct. Financial misconduct can take many forms, including: Running up...
Divorce
Contested vs. uncontested divorce
You can choose to pursue a contested or an uncontested divorce. Many people assume that this term refers to the odds that a divorce will even happen. For instance, maybe one person files for divorce and the other person contests it, saying that they don’t want to get...
5 ways your spouse may be hiding marital assets
Marriage is supposed to be built on trust and honesty. Unfortunately, one spouse may sometimes conceal assets from the other, either in preparation for a divorce or for other reasons. If you suspect your spouse may be hiding marital assets, you need to take immediate...
3 ways therapy or counseling can help with the divorce process
When people think of divorce and counseling, they often think of unhappy couples trying to force their relationship to work by going to counseling together. That is a stereotype consistently reinforced by the media in books, movies and television shows. Counseling or...
What is marital property and how is it divided in Ohio?
Perhaps the most widespread misconception about property division during a divorce is that half of everything you own will go to your spouse. First, you will not lose half of everything you own. In addition, your share may not necessarily equal your spouse’s. Ohio...
3 tips to make a divorce easier
Few people who’ve been through a divorce would say it was easy. Yet some might look back and realize they made it a lot harder than need be. Here are some tips to help you make your divorce as simple as it can reasonably be: 1. Seek compromise, not a win If you win...
What to do if your divorce becomes contentious?
Many couples start the divorce process hoping that things will remain amicable, but then disputes arise. You and your spouse may have initially agreed to cooperate with one another to keep your divorce simple and as calm as possible. However, emotions have peaked and...
What can you expect to retain during division of marital property?
After your wedding, you share everything with your spouse. You will combine your bank accounts and pool your money to cover your expenses. When you purchase new items, you won't think of them as yours or theirs but rather shared property between the two of you in most...
Getting the most in your divorce settlement
Life will change post-divorce, and you need to be well prepared. It means readjusting any long-term financial plans you had in place with your ex-spouse and making new ones based on your new life. But, before all that, it is important to ensure that you get your fair...
Hiding assets during divorce is unlawful
Following a divorce, you are entitled to your fair share of marital property. After all, you probably contributed to it in one way or the other. However, your ex-spouse may not be so forthcoming with the details of their finances. It may be in a bid to keep some...