When it comes to divorce, Ohio is an equitable distribution state. High net worth divorces in equitable distribution states can be complex because a judge has to determine what is “fair” in dividing the marital assets. A divorce lawyer with experience handling high asset cases is an absolute must if you and your ex need to split up a significant amount of property.
High net worth divorces tend to be different than divorces with fewer assets for a variety of reasons:
Community property states divide marital assets based on as close to a 50/50 division as possible. The majority of the 50 states, Ohio included, split marital assets based on what is fair, not what is equal.
This is an important distinction because it can also impact how your assets will be divided. If any of the following are applicable to the dissolution of your marriage, be prepared for it to impact the division of assets:
On the other hand, if the reason for the divorce is simply “irreconcilable differences,” Ohio considers no one to be at fault. In those cases, behavior by either spouse during the marriage would not really be a factor impacting who gets what.
A prenuptial agreement is a contract signed before marriage outlining how assets and debts will be divided in the event of divorce. Now is a great time to dig your prenup out of the file cabinet and have your lawyer read over it. Sadly, only about 5% of couples have prenups.
The VanNoy Firm is located in Dayton, Ohio, and we are familiar with the unique challenges that high asset divorces present. We have over 25 years of experience and stellar customer testimonials. Whether you prefer to go to court or settle, contact us to schedule a free consultation for your high asset divorce today.
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VANNOY FIRM IS AN AMAZING FIRM TO WORK WITH! THEY HELPED MY CHILDREN'S FATHER ALOT IN HIS CASE. HE WAS FACING VERY LENGHTHY TIME, AN MR. VANNOY FOUGHT HARD TO SEE THAT HE HAD AN OUTDATE, SO HE CAN COME HOME TO HIS FAMILY! ALSO, JASMINE IS AMAZING! I GOT MY QUESTIONS ANSWERED AN ALWAYS RECIEVED A CALL BACK WITH ANY CONCERNS I HAD!
I am truly appreciate all the work dedication & time Kristie has put in with me & my son Ja’Vien she has been like a second mother to us she has went beyond her way & made sure she stayed with us every step of it. God knows this was hard for me but he sent her to us & I will for ever be grateful for her. Ty sooo much for all u have done for my family I pray we never have to let this be the end of our relationship Truly Kenya & JaVien
As a Dayton Attorney, I have have both worked with Anthony and battled against him in Court for over 25 years. He is a great litigator and a fierce advocate for his client! Besides that, his word is his bond!
Make the Call! Call the VanNoy Firm first!! I spent days, calling around to different firms seeking legal assistance. Our lives can change in an instant and if you are faced with a legal challenge, call the VanNoy Firm! I was blessed to have the support, guidance and overall experience that I did with the VanNoy Firm. Kristie Gotwald represented me in a Child Custody Case. Kristie’s commitment to my case was exceptional. Kristie’s communication, not only with me but also with the court and the opposing layer, kept me confident that Kristie was continuing to fight for justice everyday.…
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