Affordable And Simple Family Law Solutions

Property Division During An Ohio Divorce

One of the most important parts of getting a divorce is dividing marital assets. Along with child custody rights, property division is one of the main reasons for disputes and/or litigation. Splitting up property can be both complex and emotional for a couple during a Dayton, Ohio, divorce.

If you are in this position, contact Christine Baker Law for a free consultation. I am attorney Christine Baker, and I can offer professional and experienced guidance at this time. I am completely focused on my clients. You can call or text at any time. We can set up a consultation in the office or anywhere else that is convenient – your home, a local cafe, etc. When you need a property division lawyer who cares – and who gets results – call me.

How Is Property Divided In Ohio?

Ohio is an equitable distribution state. This means that property may not be divided perfectly equally, but the court will try to find a fair solution depending on the circumstances. The length of the marriage could impact the outcome, for instance, or the roles each spouse had prior to the divorce. If one spouse was a stay-at-home parent, for instance, they may need more financial resources. Every case is unique, and I will help you consider the details carefully.

Examples Of Marital Property

Marital property is, with limited exceptions, property that the couple acquired during their marriage and owns jointly. Examples include:

  • Real estate, such as a family home or a vacation property
  • Retirement benefits
  • Earnings and wages
  • Investment portfolios
  • Cars and other vehicles
  • Home furnishings
  • Pets
  • Savings accounts

Inheritances can be complex, as a commingled inheritance may turn from a separate asset into a marital asset.

Examples Of Separate Property

Separate property includes direct gifts to either party and assets from before the marriage, such as:

  • A home purchase by one partner before marriage
  • Personal savings or investment accounts
  • An inheritance
  • Family heirlooms
  • Assets purchased after the couple has separated

Separate property typically is not subject to property division.

Call Now

For a free consultation, just use the online contact form or dial 937-200-1311 today.