What about property or debts that either party had prior to the marriage or other “separate” property?

Generally, Ohio law provides that the Court is to divide between the parties all of their “marital” property and debt.  Generally, “marital” property and debt is considered all property and debt accumulated during the term of the marriage, regardless of which party may have accumulated the same by their income or efforts.  Property or debt that either party brought into the marriage which can still be identified at the time that the marriage is to end, is generally considered separate ...

How will property and debts be divided?

Ohio law provides that ultimately, the Court is required to divide marital assets and liabilities in an “equitable” manner.  The starting point for considering what is equitable is equal, although if the Court determines that equal is not equitable, it has the authority to divide the assets and/or liabilities in a different manner.  If the spouses are able to reach an agreement they will decide the manner in which their assets and liabilities will be divided, rather than a Judge. For ...