Global Family Law Services
Divorce has always involved identifying and dividing property. Today, that property increasingly includes assets and accounts that exist only in digital form. From cryptocurrency and online businesses to cloud-stored family photos and social media profiles, digital...
While uncertainty continues to plague the real estate market, historically, the spring and summer months have been the best times to sell a home. As we approach these warmer months, experts are optimistic that, despite housing inventory remaining at a near all-time low, mortgage rates will continue to decrease in 2024. For individuals looking to buy or sell real estate…
Navigating the divorce process is often both emotionally and financially challenging. As part of the process, couples must divide their assets. While this often involves extensive legal and financial negotiations, and potentially even court involvement, there exists one option in structuring a property division that can yield positive results that benefit both the parties and their communities: charitable contributions. The…
As mortgage interest rates soar to a 22-year high, divorcing couples face yet another hurdle as they work to disentangle themselves from one another. With the average 30-year fixed mortgage rate exceeding 7%, divorcing couples must make increasingly complicated decisions regarding property division, housing arrangements and the overall financial stability for both parties involved. Divorcing couples often have an emotionally…
Getting divorced is hard enough and the division of real property can make it even more contentious. Often, real property is one of the largest assets to be divided and considerable money could be at stake. Add in a dash of emotion (memories were made there, and children raised), not to mention the headaches of moving and the prospect of…
Less than half of the population has a last will and testament. Ohio law provides a way to divide the property, or “estate,” left behind when a person dies without a will. Generally speaking, your estate will go to your spouse. Or, if you have no spouse, your estate will go to your children. If you have no children and…
This article originally appeared as a column for the Cleveland Jewish News. When divorcing clients first enter my office they often already know, even if they don’t like it, that their assets will be divided in an equitable typically, equal manner. But, as King Solomon understood, some things just can’t be cut down the middle without utterly destroying them. In…
In the good old days, when a married couple decided to split, mom kept the house, the kids, and the family dog. These days, the division of property and parenting time is no longer black and white. Today, when there is a dispute as to who gets the house or the furnishings, the court considers many factors such as, who…
In our previous blog, Property Division in Divorce – Jamie McCourt isLooking for the Payoff Pitch, we discussed the divorce of former Los Angeles Dodgers owner Frank McCourt and how Ms. McCourt asked the court to set aside her divorce settlement. Specifically, she wanted to nix the previous agreement because Mr. McCourt sold the Dodgers – an asset he kept…
March 28, 2012… the Los Angeles Dodgers announced that the team sold for a record-breaking $2 billion dollars. And Jamie McCourt cries FOUL! Jamie claims that her ex-husband Frank McCourt, former owner of the team, intentionally underestimated the value of the team and cheated her out of a serious chunk of change. About $770 million worth of pocket change. That’s…