Starting a divorce often triggers a survival instinct to lock down finances. For high-net-worth couples, this reflex can actually complicate the legal process rather than protect it. When a marriage involves significant assets, the court looks closely at many factors,...
A business can survive a bad quarter. It can survive a lost client, a market downturn or a difficult year. But divorce can create a different kind of threat: the possibility that the company becomes part of a financial breakup. For a business owner, the concern goes...
Most people spend years thinking about their finances in practical terms. They save for retirement, buy homes, support their children, make investments and try to build a measure of security in life. What receives less attention is what will eventually happen to...
When parents share custody across international boundaries, the risk of unauthorized removal becomes a serious concern. Fortunately, Ohio law provides several powerful tools to protect children before a crisis occurs. If you find yourself in this situation, these...
When your divorce involves accounts, businesses or property in more than one country, the financial disclosures may not show the complete picture. An ownership interest may appear in a tax form, transfer record or company document even when it is missing from a...
A divorce can force business owners to answer a question they may never have expected to face. What happens to the property on which the business depends? Commercial real estate can be particularly difficult to address because its value is often intertwined with an...
When people begin the divorce process, insurance is rarely the first issue that comes to mind. Most spouses are focused on children, support, retirement accounts and property. Yet a missed enrollment deadline, outdated beneficiary designation or policy that no longer...
Parents across the country and around the world often push their children to reach the highest levels of academic success. For many, admission to the most elite institutions, particularly the Ivy League, is seen as a defining marker of achievement leading to...
Parents across the country and around the world often push their children to reach the highest levels of academic success. For many, admission to the most elite institutions, particularly the Ivy League, is seen as a defining marker of achievement leading to...
Divorce is often viewed as the end of a chapter, but it is also the beginning of a new financial and personal reality. One important step that many individuals overlook after a divorce is revisiting their estate plan. Updating wills, trusts and beneficiary...