If a divorce is on your horizon, the first order of business is consulting with an experienced divorce attorney in Dayton. The terms of your divorce will directly impact both your parental and your financial rights, which makes it in your best interest to obtain experienced legal guidance early on in the process.
Your marriage and your family are unique, and your divorce will be, too. Every divorce, however, must address the same terms (as applicable), which include:
Marital property refers to those assets that you and your spouse amassed during the course of your marriage. While there can be wide-ranging complications, the basics include that these assets will be divided between the two of you fairly (given the circumstances) upon divorce. This division is often one of the most hotly contested divorce issues.
Your parenting rights and responsibilities relate to what you probably think of as child custody, and it includes both decision-making rights and responsibilities and parenting time. This decision-making authority can be either sole or joint, and it refers to who will be making the following kinds of decisions on behalf of your children
Parenting time, on the other hand, relates to how you and your ex will share your time with your shared children, and this can range from splitting your time directly down the middle to one of you becoming the primary custodial parent (with whom your children spend the majority of their time) while the other has a visitation schedule.
Child support is designed to ensure that children have the financial support of both parents, and it is calculated in relation to each parent’s financial means. This means that, even if you and your ex split your parenting time in half, the higher earner is likely to retain a child support obligation.
Spousal support is what most people continue to think of as alimony. If one spouse experiences a financial downturn upon divorce and is incapable of supporting himself or herself, the other may be required to pay spousal support while the recipient gains the job skills or experience necessary to become more financially independent.
Divorce can affect you and your children’s lives in ways that you may not have even considered, which makes having professional legal counsel on your side from the outset critical. The skilled divorce attorneys at The VanNoy Firm in Dayton have the experience, legal insight, and compassion you are looking for and are committed to knowledgeably advocating for divorce terms that support your rights and work for you. To learn more, please do not hesitate to contact us today.
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