Month: March 2023
Impact of divorce on retirement plans
Divorce can impact your financial future, especially regarding retirement plans. Understanding how to divide retirement accounts and ensure financial stability post-divorce is crucial. Understanding retirement accounts in divorce When a couple divorces, retirement...
It Takes Two Lawyers Trained in the Collaborative Process to Provide Competent Representation
Like marriage, the Collaborative Process takes two; two spouses and two lawyers. Inherent in any of the different processes available to end a marriage, whether it be litigation, mediation or Collaborative Practice, there are competing interests surrounding division...
Finding a Collaborative Law Attorney to Help You
When the Collaborative divorce process is chosen by two divorcing spouses, both spouses will need to be represented by their respective lawyers. Also, both the lawyers will need to have undergone special training in the Collaborative Law Process in order to facilitate...
The role of a mediator in divorce resolution
A mediator plays a crucial role in divorce proceedings by helping couples reach an agreement without the need for a contentious court battle. Understanding the mediator's role can help you navigate the process more effectively. Neutral facilitator The mediator acts as...
Should each spouse have their own asset valuations done?
Asset division can be one of the most contentious aspects of a divorce. This may especially be the case in high-asset scenarios. Ohio, like many other states, follows the principle of equitable distribution. It calls for the fair, but not necessarily equal, division...
Maintaining your privacy during a high-asset divorce
Divorce can be a challenging process. This is especially true when it involves high levels of conflict and significant assets. During a divorce as someone with a high net worth, it is vital to protect your personal information. It is important to review strategies to...
Knowing how long a divorce will take
Divorce is a process that varies greatly from one couple to the next. How long a split takes depends on numerous factors. Reviewing the circumstances of each case provides a thumbnail perspective on their potential durations. Complexity of assets and finances The more...
4 ways a collaborative divorce can be good for teenagers
Divorce can have unique and profound effects on teenagers. Adolescents are already navigating the challenges of identity formation, peer relationships and academic pressures. Divorce can add to these stresses, but parents can help their teens by putting them first....
Considerations when valuing assets in a divorce
In high asset divorces, one of the most complex aspects is the valuation of assets. This process involves determining the value of property, such as real estate, investments, businesses and other valuable items. To ensure the best possible outcome, couples should make...
5 good ways to prepare for divorce mediation in Ohio
Divorce mediation in Ohio provides couples with an opportunity to settle their differences amicably and efficiently. The process allows spouses to work together with a neutral mediator. The spouses can reach agreements on important issues such as asset division, child...
