It is nearly impossible to overstate the significance of the effect of a divorce on an Ohio resident’s life. After all, no one enters into a marriage thinking that it might end in divorce. But, we all know that many marriages end in just such a way. Although going through the divorce process can be emotional and stressful, it is important for residents to do their best to protect their interests in the legal process.
For most people, the most important issue in a divorce — besides any issues dealing with child support or custody — is property division. For example, in a marriage that has lasted for several years, the couple is likely to have accumulated quite a bit of jointly owned assets. There may be retirement accounts or pensions to consider, in addition to the family home, vehicles, bank accounts and even business interests. Yes, there is emotion involved in attempting to split up these assets between two divorcing spouses. And, there is nothing wrong with fighting for one’s fair share.
One of the first steps in the property division part of a divorce is to determine what assets exactly will need to be divided. Some assets may not be marital property and, therefore, may not be subject to a division in the divorce. An inheritance, for example, which was received by one spouse exclusively may not be part of the property division process.
At our law firm, we understand that Ohio residents who are going through a divorce are facing one of the most challenges times in their lives. It is clear that a divorce will be life-altering for most people. We do our best to attempt to make sure that our clients know their options so that they can make the best choices. For more information, please visit the divorce overview section of our law firm’s website.