When you’re getting divorced, you have to divide the assets that you own together. These are known as marital assets. The alternative is that there are some separate assets, which are things that you or your spouse may own individually. These do not have to be divided...
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Month: March 2024
Alimony modifications: Grounds and considerations in Ohio
Alimony, also called spousal support, is a financial arrangement established during a divorce to help one spouse maintain their pre-divorce standard of living. While the initial alimony award is determined based on specific factors during the divorce, circumstances...
Do you have to tell your adult children about your divorce?
Divorce invariably inspires emotional turmoil for all parties involved, including adult children. While they may no longer be dependent on their parents for day-to-day care, the news of a divorce can still elicit feelings of shock, sadness, anger and confusion. These...