There are three main methods of divorce that are typically utilized by couples: Mediation, Collaborative Divorce, and Litigation. We’ll dive into each one below, and by the time you’ve finished this short read, you’ll better understand which route could work best for you. Perhaps you’ve spent some time researching what you should do first when…
Perhaps you knew it was coming, or perhaps it hit you like a ton of bricks. Either way, when you’re asked for a divorce, most of us quickly become overwhelmed with unanswered questions. After all, these probably aren’t waters you’ve navigated before. And, no two situations are the same, so seeking advice from friends and…
During an amicable divorce process, you will likely have the opportunity to create an asset division plan. While Ohio follows the Equitable Distribution Model, meaning the goal of its courts is a fair and equitable divorce outcome, it is not a “50/50” state. This means that assets won’t necessarily be “split down the middle.” Let’s…
In many divorce cases, consulting with a Certified Divorce Financial Analyst® can provide a better financial outcome for you. While this isn’t the right path for everyone, chances are, you’ll find yourself falling into one of the categories below. You’re Not Sure Where to Start A Certified Divorce Financial Analyst® will take the time to…
Pensions valuations are often a complicated and confusing subject during divorce planning. Additionally, there’s a cost associated with this process. That said, having a pension valuation conducted could very well be the best investment you make in your financial security during your divorce. Let’s get started with the fundamentals by covering what a pension is,…
Finances are tricky. Each of us is a product of our environment, and our attitudes toward money and strategic approaches to “financial happiness” are always different. There’s a balance we all must strike between satisfaction, comfort, freedom, and security. We all have our own ideas about what combination of these equals happiness. The commitment of…
Imagine dissolving a business partnership that’s been operating for years. It requires the separation and allotment of assets and liabilities. It’s emotional; the financial trajectory and lifestyle of each partner is at stake. Additionally, imagine there is no written legal plan for what happens when the business decides that it’s all over. A marriage heading…
The divorce process can be lengthy and costly. However, there are ways to reduce expenses and time spent. When evaluating your options during this process, keep these ideas in mind so you aren’t surprised by your bill and time invested once all is said and done. 1. Consider alternative dispute resolution options. There are several…
Throughout the years, we have been involved in a wide variety of cases ranging in complexity. While no two situations are alike, there are several similarities in the cases we are most likely to be involved with. If any of these resonate with you, having a financial professional as a part of your team would…
One of the first things we tell couples when meeting with us is that they need to determine what process they want to use to reach a settlement. There are several options available such as “pro-se” (which is a term for “do-it-yourself”), mediation, collaborative divorce, or litigation. When evaluating options, we encourage people to strongly…