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…
Collaborative Divorce is a process in which parties agree to settle without resorting to litigation. There are several aspects of collaborative divorce that make it unique from the traditional process that most people are familiar with. The biggest advantage is it can be a much healthier, cost effective, and efficient way to resolve your case….
There are several things to consider when you are contemplating divorce and you do not have any minor children. Whether you did not have any children during your marriage, or your children are all grown, your divorce process will be different. Let’s take a look at the top 5 things to know about divorcing without…