How Will My Property be Divided?
A Columbus Divorce Lawyer Can Help
uncontested divorce or
dissolution of marriage to occur, the division of property must be mutually agreed upon by both
spouses. If such an agreement cannot be reached, the state will intervene.
In the case of Ohio, equitable distribution is the standard employed by
the court. This does not necessarily mean that each spouse will receive
an equal share. Rather, the presiding judge will determine how to most
fairly divide the marital property based on the length of the marriage
and the relative contributions of each partner.
At Richard L. Morris Co., L.P.A., we can explain your options.
to speak with an experienced divorce attorney!
Help Ensure Your Property is Protected
With so much authority and discretion given to the judge, it is imperative
that you have a knowledgeable legal advocate by your side. At Richard
L. Morris Co., L.P.A., we have 25 years of family law experience in Columbus
and Gahanna. If you're preparing for a divorce anywhere within Franklin
County, we can represent your property interests in court.
The following, if acquired during marriage, are considered marital property:
Separate property includes:
- Property owned prior to marriage
- Property gained through inheritance
- The income appreciation of separately-owned property
- Personal injury settlements
Despite these categorical distinctions, the lines between marital property
and separate property can easily be blurred. For instance, if the income
appreciation of a separately-owned property benefitted from a marital
contribution, that could influence final distribution. Likewise, if a
personal injury settlement included compensation for lost wages or medical
payments, that could change its property status. Financial misconduct
by one of the spouses can also shift a property settlement dramatically.
To schedule a
free initial case evaluation
with a divorce lawyer at Richard L. Morris Co., L.P.A., call us at (614) 656-4252!