Harry Lewis Co., LPA

Blog

Call Today 614-721-7737

Columbus, Ohio, Family Law Blog

How to handle sentimental value in divorce

The division of property is an important part of any Ohio divorce process. For the most part, the law is written to take care of the equitable division of property, assets and possessions. When it comes to tangible property, this is an easy process because value can be assessed using the current market value. However, some assets might have sentimental or emotional value for one spouse or another. Here are some tips for handling sentimental value in divorce.

In some instances, the item of sentimental value for one spouse might not actually have a high tangible value. If this is the case, it's in the best interests of the couple to come to some form of compromise. For example, if the husband wants the couple's music collection, maybe the wife can take their book collection to make the split as fair and equitable as possible.

Protect your children from parental alienation in your divorce

When two parents get a divorce in Ohio, both parents may feel like they have a lot to lose, and, therefore, a lot to protect. As such, some parents might engage in cutthroat, immoral and dishonest tactics to get what they want during their divorce proceedings.

The worst form of this behavior happens when a spouse involves his or her children in dishonest tactics. Perhaps the other parent of your children, from whom you're trying to get a divorce, is engaging in what is referred to as "parental alienation." Your spouse might be saying bad things about you to your children in an attempt to make them afraid of you, or to believe untrue things about you.

The advantages of sole custody in Ohio

Sole custody is a type of child custody in Ohio that parents can fight for when going through a divorce. Sole custody is defined as one parent having the exclusive legal and physical custody of his or her children. This is a very rare arrangement these days, unless the other parent has been deemed unfit or incapable of having any responsibility over his or her children.

When sole custody is awarded to a parent, the other parent is known as non-custodial. This means he or she does not have physical or legal custody over the children. The non-custodial parent might be awarded visitation rights, some of which could be supervised in cases involving domestic violence or child abuse.

Divorced? Find financial stability in Ohio

Divorce can be devastating for some emotionally and financially. For those who were not in charge of the finances when married, divorce can be downright frightening. You are literally having to start from scratch. If you have recently gotten divorced, here's how you can find financial stability in Ohio.

One of the first steps you must take is to adjust your budget to match your new lifestyle. No longer are there two incomes coming in each month. You need to make sure you have enough money each month for necessities and to put away. Then you can determine if there's enough for entertainment. This includes updating your spending. Don't make any major purchases until you are comfortable with your finances.

Mistakes to avoid in a high-asset divorce

Getting divorced is a big, life-changing decision. It's not an easy one to make and shouldn't be taken lightly. But, you also shouldn't rush to any decisions, especially when it comes to a high-asset divorce. You might want to rush and get the paperwork finalized, but this can be detrimental to the outcome. Here are the common mistakes to avoid in a high-asset divorce.

One of the most common mistakes made in a high-asset divorce case is agreeing to any terms to simply conclude the process. Agreeing to the terms of spousal support, child support or division of assets quickly in order to get away from your spouse or be with someone else can have a negative impact on your finances.

Is your spouse hiding assets in your divorce?

Divorce is never a happy topic, or one that couples look forward to broaching, but for some, it is inevitable. If one spouse realizes before the other that divorce is in his or her future, he or she might begin to hide assets. Hiding assets is illegal and it is done in an effort to avoid sharing everything equally when divorce occurs.

A telltale sign that your spouse is hiding assets is that bank statements and other financials documents have stopped arriving at your home in the mail. Now, many financial institutions offer online banking, which comes with electronic statements. But there are some documents that are still sent via mail. Check with all of your banks and financial institutions to ensure you receive copies of all statements.

New levy for Job and Family Services on ballot in Ohio county

A new levy will be on the ballot in May for the Job & Family Services in Crawford County, Ohio. Voting in Crawford County is scheduled for May 2. The levy is for $1.5 million in property taxes at a rate of $0.15 per $100 of property valuation. The levy has been created in an effort to help local children in need.

The levy, should it pass, would be in effect for a total of eight years, and the first year it is collected would be 2018. The Interim Director of the Crawford County Job and Family Services said the levy would help an estimated 100 local children in need if it is passed by voters on May 2.

Are you going through a divorce? Time to update your estate plan

You'll have a lot to organize after your divorce process. Not only will you have a new life routine, new schedules for your children and new budgetary concerns, but you'll also have some tasks to complete regarding your estate planning.

You might be tempted to take a rest after your divorce, and worry about your will and estate planning documents later. However, it's vital that you make changes to your estate plan as soon as possible. These changes will prevent your ex-spouse from unintentionally inheriting benefits and assets that should go to your children and other heirs.

How do I put together a parenting plan in Ohio?

A parenting plan is used by parents who no longer live together or who have gotten divorced, yet both still want to be involved in their children's lives. Parenting plans are a great way to end fighting between parents over how different issues will be handled. Parenting plans allow the parents, or the judge, a way to determine which schedule is best for the family based on their circumstances. So, how do I put together a parenting plan in Ohio?

The first step in creating a parenting plan is to answer the following questions:

Think of unborn heirs when making post-divorce estate plans

Divorce changes just about everything -- including how you may want to distribute your assets to your heirs once you are gone -- or even who you consider to be your heirs.

When you were married, you likely figured your spouse would inherit everything. If you have children, you probably expected your spouse to do whatever was needed with the money to meet your children's needs.

Harry Lewis Co., LPA | 625 City Park Ave. | Columbus, OH 43206 | Phone: 614-721-7737 | Map & Directions