In Ohio, the question of whether divorced parents have the legal obligation to contribute to their child's college expenses is a topic of considerable debate and scrutiny. Divorce settlements do typically include provisions for child support. However, the matter...
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Mistakes to avoid during high-asset divorces
Divorce is undoubtedly a challenging process, and when it involves substantial assets, navigating it becomes even more delicate. Approach high-asset divorces with a strategic mindset to protect your financial well-being. Neglecting financial documentation In 2022,...
Are my retirement accounts and investments considered marital property during divorce?
Divorce can be a complex and emotionally challenging process, and one of the key aspects that often comes into play is the division of assets. For many people, retirement accounts and investments are key components of their asset profile. Protecting your investments...
4 advantages of mediation in a high-asset divorce
Divorce is undoubtedly a challenging process. When it involves significant assets, the complexities can escalate. In Ohio, couples facing a high-asset divorce may find mediation to be a practical alternative. Mediation provides a collaborative environment that can...
Do divorcing couples have to divide debts as well as assets?
Business Insider reported the average debt for Americans was $59,580 in 2023. Handling debt is a major consideration when it comes to divorce. Dividing debts can be a complex task. This process can vary based on individual circumstances. Marital vs. separate debts The...
Divorce and retirement accounts: who gets what?
Going through a divorce is undoubtedly one of the most challenging experiences anyone can go through. In addition to the emotional difficulties the couple is going through, many other issues can further complicate the divorce process, including child custody and...
How divorce mediation protects your privacy
Mediation is gaining popularity for divorce resolutions. Divorce is sensitive and the parties involved benefit from a level of confidentiality. Before you subject yourself and your soon-to-be ex to the conflict associated with litigation, consider how mediation might...
The differences between divorce and dissolution
On your wedding day, you likely thought your marriage would last forever. Unfortunately, life creates many bumps in the road that easily leads to drifting apart. When that happens, many find that divorce serves as the only option. While Ohio does not have the highest...
Tips for successful divorce mediation
Reaching a settlement agreement in your divorce may be more challenging than you think. Especially when you have high-value assets, the settlement process may get contentious. When you and your spouse struggle to come to terms, mediation can help you avoid litigation...
Can mediation help you make child custody decisions?
Stressful litigation is not your only option when going through a divorce. When making decisions about emotionally fraught topics like child custody, you and your spouse might benefit from mediation. Mediation can help you create a parenting plan that meets your...