Columbus, Ohio, Family Law Attorneys for Property Division Issues
When couples divorce, the financial assets that once supported one household must now support two. It is natural that there is often disagreement over how property should be divided. The Columbus area law offices of Edward F. Whipps & Associates can help. We offer sophisticated legal counsel that protects your interests in complex matters of property division.
We help our clients with significant property division issues, like the division of complex marital property:
- Real estate
- Stocks, bonds and brokerage accounts
- Professional practices
- Family or closely held businesses
- Pensions, 401(k)s and retirement plans
- Valuable cars and collections
Ohio Law on Property Division
Ohio uses principles of equitable division of marital property. Marital property is all of the property acquired during the marriage that was not obtained by gift or inheritance to one spouse.
Sometimes distinguishing marital property from non-marital property (sometimes called separate property) can be difficult. For example, non-marital property that grew during that marriage may be part marital property if it grew actively instead of passively. Effectively tracing a party's separate property over many years often requires the expertise of a forensic accountant.
The lawyers at Edward F. Whipps & Associates take time to sort out the details. We work with business valuation experts. We also subpoena bank records, credit card records and analyze past tax returns to create an in-depth portrait of pre- and post-divorce finances. We use our investigation for forceful advocacy that protects your interests.
Finding Hidden Assets
Sometimes a spouse going through a divorce may come to suspect that the other spouse is hiding assets. Sometimes a spouse who once claimed to be financially secure now claims to have nothing. Other times, the numbers just do not add up.
At Edward F. Whipps & Associates, we can offer practical advice on whether your spouse may be hiding assets. We will then help you make an effective business judgment about what strategies to pursue so that your rights will be protected.
Contact Edward F. Whipps & Associates
When complex property division issues may affect your contested or uncontested divorce, turn to Edward F. Whipps & Associates. Contact our law firm by calling our Columbus law office at 614-461-6006 or our Dublin law office at 614-461-6007 to schedule an in-depth consultation.
