Massucci Law Group LLC - Family Law

Posts tagged "Divorce"

Child support by agreement saves time and energy in court

When two people who have children together split up, one of the main questions to address is child support. The family court system in Ohio is designed to provide definitive answers on child support, custody and other issues. However, it's often in the best interests of the parents and children to agree outside of court. Child support by agreement works well in situations where the parents are able and willing to work together to work out the specific details.

Approach divorce with a positive attitude

In Ohio and across the United States, divorce is near the top of the list when it comes to negative and stressful experiences. For many Ohio residents, divorce means ending a commitment to live with another person who shares their vision for future happiness and contentment. Divorce can lead to chronic depression manifesting in both psychological and physical ways. After getting divorced, some people find it difficult to go to work or accomplish simple tasks. Others start drinking or taking drugs. Some divorced individuals eat large amounts of food to quench their thirst for happiness.

Mortgage issues can arise in divorce

In many Ohio divorce cases, the couple's most important and most valuable asset is the family home. There are essentially three options for dealing with the mortgage in cases where one of the spouses will keep the home. Typically, the other spouse will take other assets to compensate for the equity in the home. The three options are retaining the original mortgage, refinancing the original mortgage and assuming the original mortgage.

Tips for locating hidden assets in a divorce

There are a number of signs that might alert a person in Ohio to the possibility that their spouse is attempting to hide assets in a divorce. One of the most obvious signs is money disappearing from accounts or missing account statements. A person may claim that a large sum has been taken from an account to pay a tax or credit card bill, but this may be an overpayment ruse. By the time the IRS or the company gets around to refunding the overpayment, the divorce may be over, and the money might not be included in shared property that is subject to division.

The importance of preparing for divorce negotiations

Divorcing couples in Ohio and around the country often hope to get through property division and spousal support negotiations as quickly and as painlessly as possible, but going into these talks unprepared can lead to problems in later years. People who have grown accustomed to pooling their incomes to cover their monthly bills can find it difficult to maintain a comfortable lifestyle on a single paycheck, and debts that are divided may become thorny issues if payments are not made on time.

Helping children grow up emotionally healthy after divorce

Many Ohio parents who decide to seek a divorce worry about how the divorce will affect their children's emotional health. This is a valid concern as many children of divorce often struggle with issues that first develop when their parents split up. However, parents can work together to help their children lead an emotionally healthy life after divorce.

Getting prepared for divorce in the summer

Couples in Ohio may find that the extra togetherness of the summer season makes existing problems even more apparent. This is one reason that divorces tend to go up during the summer months. Extra family time due to vacations and children being home from school may make it obvious that a marriage is not working out. Even more, the transitional period of the summer, while kids are not in school and even a move will not disrupt the educational year, may make a divorce less logistically challenging than at other times of the year.

Dividing student loan debt in a divorce

Student loan debt is a major issue for many people in Ohio. The cost of college attendance has gone up dramatically in recent decades, and many reports have covered young people delaying marriage, children or home-buying due to their large student loan burden. Divorce can be a financial challenge for people in any situation; the long-term effects of divorce can linger for years after the practical and romantic issues have been wrapped up. As a result, many people may be concerned about how student loans will be dealt with when property is divided in a divorce.

How divorce can impact a business and its owner

A divorce may have a variety of impacts on a business owner. This is partially because a company may represent an Ohio resident's biggest asset and primary source of income. During divorce settlement talks, how to divide assets and determine how much a person makes are often major points of contention. In some cases, it can be hard to differentiate between personal and corporate assets because of the company's size and ownership structure.

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Columbus, Ohio 43215

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