How Is Property Divided

Guiding You Through Asset And Debt Division

As you divorce, you have a lot of decisions to make and concerns to address. You may question what will happen to all of your beloved property or even fear that the retirement account you’ve worked so hard to build will be ruined.

Attorney Jason A. Showen of The Law Offices of Jason A. Showen, LLC, understands your apprehension and will take the time to thoroughly explain how the property division process works and ensure that we utilize innovative strategies to pursue a favorable result on your behalf. We handle complex divorces and other family law matters for people in Clinton and Warren counties. We have been handling such matters as these for over 20 years.

How Is Property Divided?

In Ohio, property is divided following the equitable distribution model. This is often a complex matter, as we must identify what assets are marital and what are separate. Marital property is essentially all property acquired by you and your spouse throughout the marriage. Separate property can include inheritances, gifts and any assets owned before the marriage.

As we establish which category each asset falls into, we must do a valuation on your assets to determine worth.

What Types Of Property Are Considered?

Both assets and debts are subject to division. This goes beyond the house or car and can be difficult emotionally. Items include:

  • Physical property
  • Stock options and bonds
  • Retirement accounts
  • Real estate
  • Businesses or business interests
  • Professional interests and investments
  • Debts accrued throughout the marriage

Our goal is to ensure proper valuation, uncover any hidden assets and optimize the end results. In some cases where estate assets are involved, it may be necessary to litigate those issues. We can handle those matters, and in some cases, we will represent clients on a contingency basis instead of the more common hourly fee, a service not offered by many law firms. We will evaluate your case to determine if that is an option.

From Simple To High-Asset Property Divisions, We Are Here

With two decades of experience, divorce lawyer Jason A. Showen has the ability to handle complex divorce cases with meticulous detail and care. He has a deep knowledge of several intersecting areas of law, including cases involving the valuing of  business, land and estates, addressing and solving complex tax issues and the division of retirement funds and accounts. Call our firm in Lebanon at 513-282-6080 to speak with us. You can schedule a consultation to get the process started. We proudly serve families throughout Warren and Clinton counties.