No matter how well you manage it, divorce always leads to some financial stress. If you own a home with your ex-spouse, things become even more complicated. Many couples find they cannot refinance their homes after divorce. Freddie Mac expects refinancing rates to...
divorce
What are the benefits of using alternative dispute resolution in a divorce?
A divorce can be a difficult and emotional experience. If your divorce is particularly acrimonious, think about using an alternative dispute resolution method. The most common alternative dispute resolution methods are arbitration and mediation, as opposed to...
When will you need post-divorce modifications?
When you finalize your divorce, the court will issue a legal decree stating the agreed-upon terms of the proceedings. While this decree serves as a final judgment, there may be times when you need to modify the terms of your divorce. Going against the terms of your...
The dangers of posting about your divorce on social media
These days, so many of our relationships exist virtually. We use social media platforms like Twitter, Instagram, and Facebook to share good and bad news, opinions, gossip and vent our feelings. At its best, social media can make the world feel smaller as you meet new...
What happens to your stocks in a divorce
Many couples who are ending a marriage have retirement accounts such as an IRA or 401(k) that they must divide during the property division phase of their divorce. You may be among those who have investment accounts to divide. What will actually happen to your stocks...
3 tips to prepare for the financial side of divorce
If you are facing divorce, you may be feeling overwhelmed by financial uncertainty. From figuring out where you will live and how you will continue supporting yourself and your children to dividing large assets like real estate or investment accounts, you may find...
How will your taxes change after divorce or a custody agreement?
Taxes are complex under the best of circumstances. After a divorce or child custody agreement, however, your tax obligations can get even more confusing and frustrating – at least temporarily. Below is a brief overview of what to consider when doing post-divorce or...
Will my retirement funds get divided in divorce?
Facing divorce comes with a lot of financial uncertainty. You don’t know what assets you’ll keep and how many you’ll need to give to your spouse. You worry about the retirement funds you’ve built or the pension you’ll receive when you retire in 10 or 15 years. Will...
How do I divide my finances and property during a divorce?
Divorce may provide your finances with a fresh start, especially if they were an issue in your marriage. As a first step in clearing things up, begin taking an inventory of your assets in preparation of dividing them under Ohio's equitable distribution laws. Property...
Can you file for uncontested divorce in Ohio?
Filing for an uncontested divorce in Ohio protects your family from a drawn-out legal battle. This process is available if you and your spouse agree on major issues such as property division and child custody, or if these issues do not apply. Review the Ohio...