Prenuptial or “Antenuptial” agreements sometimes get a bad rap. They are commonly seen as a sign of mistrust between partners, and an indication that the marriage is off to a bad start. However, this is not necessarily the case. Prenuptial agreements can encourage...
Divorce
Keeping the home likely requires a new mortgage
If you and your spouse already have paid off your home or if you bought it with cash, then it is just an asset, and you have to determine who gets to keep it. You may decide to sell it, or one person may keep it while the other person gets assets with a similar value....
In a divorce, who gets the dog?
You have a lot of different things to decide when you're getting a divorce, such as how you're going to split up custody time with your children and how you're going to divide your assets. It's crucial to know about all the options that you have as you consider these...
Is the Seven Year Itch real?
As you get closer to your 7th wedding anniversary, you may hear people talk about the so-called Seven Year Itch. Essentially, this just refers to a time when people feel like their relationship has become stagnant, and they may be more likely to get divorced or seek...
What about college? Does child support in Ohio continue?
Child support can be a contentious topic between parents – even though both parents want what’s best for their child. What about college expenses? Does child support in Ohio continue while an adult child completes their postsecondary degree? Here’s what you need to...
What “gray divorce” means for you and your finances
After being married for 20 years or more, you and your spouse have realized you are not a good match for each other. While you are looking forward to being single, you are also worried about your financial future. At your spouse’s request, you stayed home to take care...
Do you have to split your debt in divorce?
Ohio law follows an equitable distribution property model, which means that you and your spouse will need to divide your assets and debts equitably when you divorce. The point of equitable distribution models is to make sure that you and your spouse split your assets...
Can divorce damage your credit?
Divorce causes a lot of upsets in someone's life -- but some are more troublesome than others. Your credit can be significantly affected when you divorce -- and this is particularly true for women rather than men. There are a few reasons why this may be the case. How...
Having a child won’t stop a divorce
Couples who are struggling sometimes consider having children as a way to save the relationship. The belief is that they just need something to bring them closer together, and a child can do that. They may also have always dreamed of being a family, not just a couple,...
Who gets the family home in a divorce?
When you spend years working to pay for your family home, you are right to worry about what happens to it when you divorce. Sadly, its importance can also make conflict likely. First, you need to work out who gets access to the home while processing your divorce. If...