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 there is reason divide it otherwise, or the parties 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 you with the support and answers you need.
Gena R. Larison has the experience to help you prepare for the future and protect your rights during your divorce and any disputes over property division. Attorney Larison has helped many clients reach fair and reasonable agreements through settlement and has also litigated for her clients in family court when agreements could not be reached amicably.
CHALLENGES TO THE FAIR DIVISION OF PROPERTY IN DIVORCE
The basic principal of property division – that all marital property should be divided equitably – is fairly simple and straightforward, however 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. Gena R. Larison has extensive experience in properly and effectively tracing assets in order to prove in court that they are your separate non-marital assets. 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, businesses, investments, retirement accounts, and other property. We work with financial experts, appraisers, accountants, and vocational experts to properly evaluate homes, businesses, and other complex assets. These experts can also follow up on allegations of hidden marital assets or financial misconduct of your spouse.