What should prominent people think about in terms of asset division, custody issues and reputation protection? Illiquid, inherited, premarital and difficult to value assets, high-stakes custody issues and reputational threats are common, especially in long marriages.
2. Prominent People In Ohio
May Face Complex Divorces.
What should you think about in terms of asset
division, custody issues and reputation
protection?
4. In Ohio,
Determining
Whether An
Asset Is Marital
Or Separate
Property is crucial
because separate
property is not
divided. Marital
property is to be
divided equitably.
5. Typical Assets In A Complex Divorce
That Must Be Valued And Divided Include:
Retirement Plans
Incentive Plans
Restricted Stock
Plans
Deferred
Compensation
Plans
Supplemental Executive
Retirement Plans
Stock Options
Closely-held Businesses
Real Estate Portfolios
6. Parenting Arrangements Can Be
Challenging, Especially With Special
Circumstances. Focus On The Children’s
Best Interest While Considering:
Education And
Extracurricular Activities
Special Education
Therapeutic Services
Medical Care
7. A Divorce Trial
Creates A Public
Record, Which
Can Threaten
Your Reputation.
To protect your
privacy, consider an
out-of-court
resolution process
such as mediation or
collaborative law.