One concern for people in Ohio who are getting a divorce may be how property will be divided. In a California divorce, a 61-year-old woman who had been the main support for her family for 10 years was concerned because her husband wanted their home and half of her 401(k). Since California, unlike Ohio, is a community property state, the husband was probably entitled to half of the 401(k), but it is unlikely that a person would be awarded an entire house in any divorce unless it was the sole property of that person or part of an agreed-upon exchange.
Often, in the heat of a contentious divorce, one side or the other resorts to "dirty tricks."
"Gray divorce" refers to divorce among older Americans, and it is on the rise. Although divorce rates are dropping overall, among people 50 and older, the divorce rate is twice as high as it was in the 1990s.
For Ohio residents going through a divorce, negotiating the division of assets might be a very uncomfortable aspect of the process. However, advocating for themselves might be the best decision they take, particularly if they keep certain things in mind that might protect them and ensure that the division is a fair one in the long term.
People in Ohio whose careers involve transportation or night life may have a higher divorce rate than the national average. This was one of the findings of a study presented by FlowingData using information from the 2015 American Community Survey.
When Ohioans who have been married for years decide to get divorced, they need to try to protect their future abilities to retire. People should avoid making some common mistakes so that they can protect their retirement.
When parents in Ohio divorce, they often need to establish new relationships as co-parents. The emotions and issues that led to the split in the first place naturally encumber this task. However, specific strategies can ease tensions, especially if one party wants to focus on negativity.
In Ohio divorces, alimony is meant to help a lower-earning spouse make ends meet for a set duration or indeterminate amount of time. Fortunately, alimony payments may be deductible by the paying spouse as long as the order or agreement complies with Internal Revenue Service rules.
There comes a time when an Ohio couple decides that they no longer want to be married. Although mediation is often a first choice when it comes to actually dissolving the marriage, this method is not for every couple.
Many divorcing couples are fixated on their marital homes. While some spouses want to keep their homes, others are intent on selling and keeping the profits. For Ohio couples who are thinking about divorce, what to do with the marital home might become a source of conflict.