Elyria Property Division Attorneys

Handling the Division of Property and Assets in Ohio

Going through separation or divorce is an emotionally difficult time. This time is made even more challenging by the fact that your home, marital property, assets and debt will all be divided between you and your significant other.

If you have questions about the division of property during your divorce, call an Elyria property division lawyer of Berki & Nehr, LLC, at 440-323-0687 to schedule your initial consultation. You may also contact our Ohio family law firm online.

Ohio Follows the Equitable Distribution Process

Ohio courts divide marital assets and debts equitably between the parties. Equitable does not mean even; instead, it means what is fair. This process is often based on numerous factors, including the length of the marriage, the earning capacity of both parties and whether one spouse supported the other through school. While courts often divide property evenly between the spouses, they will not hesitate to deviate from that standard whenever it is fair and appropriate.

At our firm, our family law attorneys will work on your behalf to show the court what you deserve to receive through the property division process. As court can be expensive, we often encourage our clients to work with their spouses to create a property settlement agreement through collaboration or mediation. This often leads to a better situation for both parties. For example, if you cannot agree on how to handle your family home, the court may order the house sold and the equity split between the parties.

Dividing Complex Assets During Divorce

At our law firm, we represent clients through the property division process who have more complex assets, including:

• Family businesses or other closely held businesses
• Stocks and bonds
• Pensions, 401(k)s and retirement accounts

We will bring in property valuators, forensic accountants and other experts to properly value your assets. We will then advocate strongly on your behalf to ensure you receive your fair share of these assets during your divorce.

Contact Our Ohio Asset Distribution Lawyers

To learn more about the property division process, call an experienced attorney at Berki & Nehr, LLC, at 440-323-0687. You can also submit any questions you may have to us via our online contact form.