Spousal support is a critical family law issue in Ohio and throughout the United States because of the potential financial impact of divorce to non-earning spouses. Upon divorce, the assets, properties and liabilities of the couple would be subject to division. The outcome of asset distribution may not always be favorable for each spouse. If a spouse gave up a career to focus on the marital household and care of the children, the end of the marriage may bring financial problems.
It used to be the case that they stereotypical American family had a mother, father and their children. However, this is far from the truth. These days not all households fit this stereotype, including many in Ohio. Some children are being cared for by single parents because of divorce or separation, although the children may have visitation with the other parent. There are also blended families. These families may consist of one parent with a child or children living under the same roof as a new partner who also has children. Given the number of divorces that take place around the country every year, more and more children experience such family settings.
Many Ohio residents may think that dealing with some family law issues is not very pleasant, based on what they have read and witnessed from other cases. Although addressing child custody issues, negotiating child and spousal support and dealing with domestic violence are never pleasant, they don't have to be fodder for nightmares. Our Akron-based law firm is aware of how difficult family law issues can be for Ohio residents, so we stand ready to guide and protect their interests.
Many Ohioans think that asset division in a divorce is all about splitting the marital assets, ranging from bank accounts, furniture, real estate and investments. However, the property division process also includes the division of debts. In fact, spouses can be held accountable for the debt incur by the other spouse. This means that if the other spouse becomes a shopaholic and racks up the credit cards, the other spouse might be liable to pay for those credit card bills in a divorce.
Spousal support is often considered a family-law issue that can complicate a divorce. Because many former spouses are not on friendly terms with each other, it is often disturbing for the higher-earning spouse to financially support the other spouse. Despite that, spousal support is very important to the spouse who earns less, particularly if that person doesn't work.
Any family law issue, particularly those related to divorce, can affect children. Of all family law concerns, child support issues can greatly impact not only the financial need of the child but also his or her emotional well-being and relationship to the non-custodial parent. Unfortunately, it is all too common for children to experience this situation, especially if their other parent is failing to make child support payments.
The treatment of assets in a divorce can vary from state-to-state. There are states that use community property laws to determine how the assets will be divided. In other states, such as Ohio, property division is based on the equitable distribution of property between each party involved. The final outcome of property division also depends heavily on the decisions of the divorcing couples.
It used to be quite unusual for a woman to pay alimony to an ex-spouse. This was big news since fathers were usually the ones who pay spousal support and even child support. However, as women break societal and professional barriers and vastly close the gap between the genders, more women are paying the support.
No one gets married thinking that they will get divorced. Unfortunately, it is a possibility, and a rather good one, according to the American Psychological Association, which reports that the divorce rate in the United States is around 40 or 50 percent. With this in mind, Ohio couples with significant assets may want to talk to a family law professional about a prenuptial agreement before walking down aisle.
Why couples divorce has been a subject of debate for decades. The question "why" became a subject of particular interest to researchers in the 1970s when the U.S. began to see a significant and continual rise in the national divorce rate. Among the many reasons cited for divorce, for decades conventional wisdom held that couples who live together prior to getting married have a statistically greater chance of getting divorced than couples that wait to move in together until after they are married.