Equitable Division of Property and Marital Assets in Ohio
In Ohio, all marital property and debt is subject to an equitable division unless the parties can prove otherwise or come to a mutual agreement about the division. The financial consequences of property division in a divorce can be large and far-reaching. Understanding your rights and how to protect your interests is important and requires an experienced divorce attorney who can provide the answers you need.
The lawyers and staff at the Law Offices of Myron A. Wolf have the experience to help you prepare for the future and protect your rights during your divorce and any disputes over property division. Since 1975, our firm has helped many clients reach fair and reasonable agreements through settlement, mediation or collaborative law. We have also litigated for our clients in family court when agreements cannot be reached amicably.
Challenges to the Fair Division of Property in Divorce
Since the basic principle of property division - that all property should be divided equally - is fairly simple and straightforward, many disputes arise due to the types of assets that have to be divided and whether those assets are classified as marital property or non-marital property. Additionally, issues such as spousal support and child support may have an impact on the resolution of property division.
In many cases, financial professionals are required to determine the value of real estate, investments, retirement accounts and other property. We work with financial experts, appraisers, accountants and vocational experts to properly valuate homes, businesses and other complex assets. These experts can also follow up on allegations of hidden marital assets or financial misconduct.
Contact our firm in Hamilton, Ohio, to learn more information about property division in your divorce and how you can resolve disputes in a timely and effective fashion. Schedule an initial consultation with the Law Offices of Myron A. Wolf by calling our office at 513-863-0664.