Someone who watches movies or television regularly may have the impression that there is something inherently illegal or sneaky about an offshore bank account. The reality, however, is that an offshore bank account is perfectly legal; it is simply a bank account held in an institution outside of one's own country.
While a Dayton, Ohio, couple who is going through a divorce or separation will generally be expected to divide up their property fairly, this rule does not apply to all property.
Many Americans keep financial secrets from their spouses. While some of these secrets are benign, such as a secret birthday gift, other secrets can be hazardous to a marriage. A couple’s financial situation is one of the most common sources of marital conflict, and financial infidelity, which is growing in popularity, often contributes the cause of divorce.
A previous post on this blog talked about how divorce or legal separation, or even the informal separation of an unmarried couple, can have a profound effect on a Dayton, Ohio, resident's business.