Protecting Your Financial Interests In Divorce
When two people get married, for better or worse, their assets and property become part of a shared marital estate. Throughout the course of a marriage, both spouses are likely to experience changes in income and the types and amounts of property and assets they acquire and debts they accrue.
Whether you and your spouse were married for five or 25 years, one of the most important aspects of a divorce relates to the division of marital property. At Morello Law Offices, Attorney and Counselor at Law, we help clients obtain divorce settlements that achieve their short- and long-term financial goals.
Factors That Affect Marital Property Division
Ohio is an equitable distribution state. It’s important to note that in the context of divorce, equitable does not mean equal. Rather, a divorce settlement should attempt to divide marital property, assets and debts in a manner that is deemed to be fair.
Factors that may be taken into account when negotiating a divorce settlement or by a judge when deciding how to divide marital assets include:
- Length of marriage
- Financial and other contributions of both spouses
- Age and health of each spouse
- Employment and vocational opportunities of each spouse
- Amounts and types of assets
- Amounts and types of debts
Enforcing Prenuptial And Postnuptial Agreements
If you and your spouse signed a prenuptial agreement before you were married or a postnuptial agreement while you were married, we will work to ensure that the terms of that agreement are honored. If you signed an agreement, but failed to have an attorney review it or you question the fairness of the related terms, we will challenge the agreement in court.
Call our Canton law office today at or toll free at (330) 235-1416. We represent residents throughout Stark and Carroll counties. Submit an online contact form today to speak to a lawyer about your divorce case.