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Published: 11 November 2014

Ohio Complex Asset Divorce Attorney

Divorce can be made more difficult by unwinding all of a couple's jointly held assets.  Some jointly held assets require a sophisticated approach in untangling a divorcing couple's interests.  The attorneys at Harris & Engler are a central Ohio law firm, with divorce attorneys practicing in Columbus, greater Franklin County, Delaware County, Union County, and Fairfield County.  The attorneys at Harris & Engler are experienced in successfully untangling complicated assets in divorce proceedings.

Some of the more complicated assets that can be divided in a divorce include business ownership interests, real estate holdings, investments, retirements accounts, and debts.

Business Ownership Interests in Divorce

Married couples will sometimes start businesses together, or they may each hold ownership stakes in the same business.  When going through a divorce, the attorneys at Harris & Engler like to enable a clean break so that a divorcing couple can also separate their business interests.  Surprisingly, some couples will carry on in an intertwined business relationship even after divorce; but that only works in rare and unique circumstances.  Everybody has different goals with a divorce, and the attorneys at Harris & Engler are here to help you effectuate those goals.  The attorneys at Harris & Engler regularly work with business owners in Columbus and Delaware, Ohio for the purposes of protecting their business interests in a divorce.

Divorce's Affect on Real Estate and Investments

Generally in Ohio, each party to a marriage is entitled to an equitable share of all marital property.  Marital property generally includes all property acquired by either party to a marriage during the term of the marriage.  Whether you and your spouse acquired the property jointly or separately, it still has to be accounted for during a divorce.

There are certain unique circumstances with regard to property acquired by either spouse before marriage.  Real Estate and investment holdings tend to accrue value over time, and if the assets were obtained before marriage and accrued value, you may be entitled to keep the accrued value as separately yours during a divorce.  It depends on a number of factors, inlcuding whether there has been a comingling of assets and if there is traceability back to the asset's original separate property status.

Complex Asset Divorce Attorneys

Whether you have business interests, real estate, or investments, the attorneys at Harris & Engler can look after your interests during a divorce.  The attorneys at Harris & Engler help clients protect their business and real estate interests in going through a divorce in Columbus and Delaware, Ohio, as well as greater Central Ohio.  Call an attorney today at (614) 610-9988.

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Published: 11 November 2014

When Should You Get Legally Separated Instead of Divorced?

A legal separation is a rarely used device that will effectively achieve the same result as obtaining a divorce, but while remaining technically married.  A legal separation is useful in certain instances, where divorce may not be desired.  A legal separation is most often used when the age and circumstances of the parties render it the most efficient for retirement or health care purposes to remain married.  

A legal separation creates rights and obligations for each spouse, enforceable by the court.  A legal separation is a court order where the husband and wife remain married but live separately.  This does not legally end the marriage, but allows for the division of property and can establish spousal as well as child support and visitation rights.

Legal Separation Attorneys

The law firm of Harris & Engler is located in Columbus, Ohio and has legal separation attorneys who help clients in Franklin County, Delaware County, Union County, Fairfield County, as well as across central Ohio.  If you would like to talk to an attorney about the possibility of obtaining a legal separation then you can talk to an attorney experienced in all family law issues today by calling (614) 610-9988.