In some divorces or dissolutions, one or both of the parties own a small business. When contemplating terminating your marriage, it may be necessary to conduct a valuation of the business to determine its worth or prepare for sale. This post will provide a brief overview of considerations in such circumstances.
We can’t tell you how many times we get asked the question, “Do I need a prenup?” The answer is not a simple yes or no. First, a little background.
Social media such as Facebook, Twitter, and Instagram are in some ways an outlet for many individuals going through a divorce. Many people may be eager to get back into the flow of their social life as a single person, but social media use comes with many risks. See below for a short list of considerations on the topic.
In March 2014, the Supreme Court of Ohio decided that unvested military retirement benefits earned during the marriage fall within the definition of marital property and are subject to division in a divorce. In the case Daniel v. Daniel, 139 Ohio St.3d 275, 2014-Ohio-1161, the Ohio Supreme Court held that despite the uncertain nature of this asset, it does have a value that should be divided.