Dissolution with Children or High Assets
Removing the Barriers to Uncontested Divorce
Marital Dissolution Involving Children or Substantial Assets
There is a growing trend in Ohio in recent years toward dissolution (also known as uncontested divorce) as the alternative to a costly, drawn-out and contested divorce. But there is a misconception that dissolution is only for young, childless couples or those who have few assets to divide.
In reality, the presence of children or significant wealth is not a barrier to divorce by dissolution. Treneff Cozza Law, LLC has counseled clients with large marital estates or closely held businesses, parents of young children or teenagers, and spouses who have been married for 20 years or more. If you can communicate and compromise, our lawyers can help work out the details and draft the agreement.
Our Westerville firm serves the Columbus area and surrounding counties of central Ohio. Contact us today for a confidential consultation.
Exploring Dissolution with Complicating Factors
Dissolution is divorce by mutual agreement, as opposed to a grounds-based divorce in which a court rules on contested matters. It requires that the spouses agree on all issues in a formal separation agreement before the court will grant a dissolution:
- Division of property and debts
- Child custody and visitation
- Child Support and spousal support (if applicable)
Marital Assets in Dissolution
In a high-asset dissolution, the primary concerns are (a) accurate property value, (b) separate versus joint property, (c) alimony and (d) the existence of a pre-nuptial agreement.
Our attorneys can give dependable legal opinions on these issues from their familiarity with how a court would rule. They can also act as a sort of mediator to find a fair, creative and practical split of assets and liabilities. Our attorneys are knowledgeable about the tricky issues of retirement funds, as well as the tangled finances of businesses or professional practices.
Dissolution with Children
We commonly handle dissolutions involving child custody. If you agree on who will have primary custody and who will have visitation, the dissolution petition must include a shared parenting plan. We can help craft a schedule that works for the adults and children — and passes muster with the court.
Note: We can serve as the attorney only to one party. If the other party is not represented, the court will require a waiver before considering the terms of dissolution.