According to a recent analysis of Census Data, members of the military have a higher rate of failed marriages than those in civilian life.
As this blog has previously discussed, Ohio family law courts have the discretion to order one party to a divorce or legal separation to pay spousal support, which commonly gets referred to as alimony, to the other party.
Although this blog has touched on the topic before, residents of the Dayton area should remember that, like some of the other states, Ohio offers couples the option of getting a legal separation, as opposed to a divorce, should they decide to split.
Divorce can be a hard enough process for Dayton, Ohio, residents even when they have a modest income and a few simple assets.
For many couples living in and around Dayton, Ohio, health care is a major issue. Not only is it expensive, it also is often an essential lifeline that gives both spouses, as well as their children, access to the care and treatments they need to thrive and sometimes even to survive.
While the divorce rate among younger couples has declined or, in the case of couples between 40 and 49, climbed slightly, the rate of those over 50 who choose to end their marriages has skyrocketed over recent years. Between 1990 and 2015, the number of people over 50 who divorce each year has doubled from about five per 1,000 to about 10 per 1,000, or one in 100.
A previous post talked about how a resident of Dayton, Ohio, should think long and hard about fighting for the marital residence. One of the concerns that post mentioned was whether or not the person wanting to keep the house can afford taxes.
One thing Dayton, Ohio, residents, as well as members of the military and their families who are staying in the area, need to be aware of is that divorce, and other forms of legal separation for that matter, can affect one's tax situation in many ways.
By the time a spouse files for divorce, it is very possible that the relationship ended a long time ago. One or both parties may have already moved out and on to new partners, for instance, or the marriage has been so broken for so long that the divorce process seems like little more than a formality.
The end of a marriage brings significant financial changes, and if you own a small or family-run business in Ohio, you may have concerns about how divorce will affect your future interests. Determining the value and proper distribution of marital assets can be a complicated and stressful process, and you should have an experienced legal ally by your side.