Many couples share numerous joint assets that they have purchased together, like homes or cars. They also have financial assets, such as their wages, which may have been deposited in a shared bank account or invested in a shared portfolio. They have to split up these...
Divorce
Tips for starting over after divorce
Getting divorced often means starting over. It is a fundamental change in your life. For some people, it can be a change to their entire identity. This does not necessarily have to be a negative thing. Change can always be positive. But it can also be difficult. The...
Hiding or dissipating marital assets
As you move toward a divorce, it is important to keep a close eye on your financial records. For one thing, you and your spouse will need to make financial disclosures to the court. It can help to gather information, such as tax returns or bank statements. But you...
How long do you have to respond to divorce papers in Ohio?
If your spouse serves you with divorce papers in Ohio, they do have to wait for you to respond before they can move forward with the case. If you never respond, they can often seek a default divorce, meaning that the court issues a default judgment without your...
Divorce rates go up when the kids go back to school
When many people look at divorce rates, they will look at annual rates. They will simply consider the number of divorce cases from that year and see how this has changed over the years or the decades. But there is another way to look at these divorce rates, which is...
Divorce and cryptocurrency, stock options and digital assets
Digital and evolving assets require careful evaluation during a divorce. The court must determine whether they are marital or separate, then assign an accurate value. Since these items often fluctuate in worth, proper documentation and timing are essential. Knowing...
Can you lose separate property through commingling?
Ohio law distinguishes between separate and marital property. Separate property generally includes assets you owned before marriage, as well as inheritances and gifts made specifically to you, while marital property usually consists of assets and income acquired...
Why gray divorce requires an estate plan update
Divorcing later in life is more than just the end of a chapter; it marks the beginning of a whole new story. After decades of marriage, it almost feels like you’re starting over. As you enter this new stage of your life, you bring experience, wisdom and lifelong...
Why more couples are divorcing later in life
Divorce later in life is becoming more common than many people realize. Couples who have spent decades together are increasingly choosing to separate after years of shared routines, responsibilities and milestones. For some, the shift comes quietly over time. For...
Tips for making a post-divorce budget
If you are going through a divorce, it is important to consider what your budget will look like after the divorce is finalized. This can help create a smoother transition into the next stage of your life, and it may also help you understand what you need when it comes...

