Contact Toledo Marital Property Lawyer, Seneca Weirich Harden regarding your Division of Martial Property, Divorce, or other Family Law Attorney needs by calling 419.509.7537.
About Marital Property: Next to child related issues, the equitable division of marital property and assets is the most commonly disputed issue of a divorce. Who gets the home? Will the family home have to be sold and the profits be divided? Who gets the family vehicle? What if both cars are in one parties name? What about the investment portfolio. What if one party intentionally drained the checking account before the divorce? What about property or assets obtained by either party before the marriage?
There are so many questions that may be asked regarding marital property and assets in a divorce it can make anyone's head spin. While each divorce that involves marital property and assets which eventually must be divided before the divorce can be finalized, it is important to note that the statutory standard in the State of Ohio is not "equal division of marital property and assets." The statutory standard is "fair and reasonable distribution of marital property and assets." Well that puts us into a lot of grey area left open to interpretation as to what is fair and reasonable.
According the Ohio Statutes, the issues that court may consider may include, but not limited to:
Marital Property Representation: Fair and Reasonable. That is the standard, and therefore, any argument for or against specific marital property and assets must be made in this context. Sometimes when dealing with marital property and assets, it may be in your best interest to loose a battle to with a war. When negotiating marital property and asset issues, it may in your best interest to give in regarding one issue to come out on top regarding an issue that is actually more important to you.
It is also important that you are aware that the division of marital property and assets also may include debt and liabilities. The debt or liabilities may also play a role in the division of marital property and assets. This may be a good thing or a bad thing. How this debt or liabilities are presented and negotiated in mediation or argued in from of the judge may directly affect the outcome. Having legal counsel in your corner that can present a strong a voice of reason in marital property and asset disputes may be extremely beneficial to your legal needs and goals.
If you require professional legal services regarding division of marital property, divorce or other family law legal issues, be proactive in protecting your legal rights by seeking the legal advice of an experienced Toledo marital property attorney - lawyer. Contact the Law Offices of Seneca Weirich Harden, LLC by calling 419.509.7537.
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