High asset divorces can be a confusing event in your life and one that sets out a lot of financial priorities. This type of divorce can be hard to navigate, but with the right help, it’s not impossible. In the case of high-asset divorces, it is essential to hire an Ohio high asset divorce attorney for the best chance at a favorable outcome.
In fact, high asset divorce laws are different from other states and can be confusing for those just starting their divorce. You need to know your rights and how they can protect you. The following are some of the most important things you need to know about high-asset divorces in Ohio.
- It is more expensive than the average divorce
When a couple decides to end their marriage, there are many financial decisions to make. Paying for an attorney, dividing the assets, and handling children’s expenses can be overwhelming. As high-asset divorce laws allow for a more extreme division of assets, it is expected that the costs will be higher, too. The final breakdown of marital property will give you insight as to how much more you need to budget for your divorce.
- It takes longer
High asset divorces often take a lot longer to be finalized. They take much more time to resolve, especially when the other spouse is being uncooperative. The truth is that just because you are trying to move on doesn’t mean that your ex-spouse will be willing or able to do the same … Read More