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Dividing the Family Business: Fair Valuation and Divorce
May 15, 2024
Filing for divorce is a challenging process, especially for couples who own a family business together. The intricacies of dividing assets become even more complex when a company is involved. Business-owner couples in Toledo, Ohio who are facing divorce often find themselves uncertain about how the family business will be impacted and what will happen […]
Timeline and Process: What to Expect When Filing for Divorce in Ohio
May 8, 2024
Divorce can be challenging, and one of the most frustrating parts of divorcing is how long it can take to get through the process. It isn’t as simple as deciding to end your marriage, and some divorces can take up to two years to finalize. However, knowing what to expect can make the process less […]
Tax Implications of a High-Asset Divorce
March 28, 2024
Divorce is a complex process involving separating assets, debts, and responsibilities. When it comes to high-asset divorces, the stakes are even higher, and the financial implications can be significant. In addition to the emotional and legal considerations, taxes can significantly impact the division of assets in a high-asset divorce. Understanding these tax consequences and exploring […]
Are There Specific Considerations for Business Owners in a Divorce?
March 22, 2024
Divorce is always stressful, emotional, and overwhelming, but when you own a business, you may have additional concerns about protecting the future of your business as you go through the process. In many divorces, determining if and how the business will be divided can be a serious point of contention. If you are going through […]
How Prenuptial Agreements Shape Asset Division in Divorce
February 29, 2024
High asset divorces can be contentious, as the asset division is complex, often involving businesses, property, and complicated financial portfolios. A prenuptial agreement can safeguard the interests and assets of both parties during the marriage and in the case of a divorce. They can significantly impact the outcome of the divorce, and both spouses will […]
Factors That Determine Spousal Support in High Asset Divorces
February 20, 2024
Every divorce can be challenging, but for couples who are splitting high-value assets, a divorce can become really complex. Without a prenuptial agreement, both spouses may be concerned about how best to protect themselves, their standard of living, and their financial future when filing for divorce. While spousal support has a customary calculation in most […]
What to Expect After Initiating the Divorce Process
January 30, 2024
Making the decision to initiate the divorce process is not always a simple one, and is nearly always emotional. Even when the decision to end your marriage has been relatively easy, that doesn’t mean that you are ready for what comes next. Once that decision has been made, the new challenge is working through what […]
Common Misconceptions About Child Custody
January 24, 2024
When two parents separate or divorce, the primary concern is always child custody. In most cases, both parents have the best interests of the children at heart and are passionate about building and maintaining their relationship with their children. However, child custody can also be one of the most contentious areas of family law. Whether […]
Choosing the Right Divorce Attorney
December 22, 2023
No two divorces are exactly alike, and every family will have their own unique concerns when facing divorce. When you are choosing your divorce attorney, think about what your divorce will entail. If you and your spouse have children together, you will want to find an attorney who understands child custody and child support concerns. […]
Dividing the Family Business: Strategies for Fair Valuation in Divorce
December 13, 2023
Dividing assets during divorce can be complicated, but it becomes even more so when a business is one of the assets to divide. If you and your spouse own a family business, you need to know what goes into dividing that business fairly. No matter how big or small the business is, the first step […]