Ohio

Property Division in Ohio

10 min read
Updated

Property Division

Ohio divides marital property equitably, considering factors such as the duration of the marriage, the assets and liabilities of each spouse, the desirability of awarding the family home to the custodial parent, and the economic desirability of retaining intact any asset or interest in an asset. Separate property (acquired before marriage, by inheritance, or by gift) remains with the original owner. The court may consider the tax consequences of property division and the costs of sale if liquidation is necessary.

Key Factors

- Duration of the marriage - Assets and liabilities of each spouse - Desirability of awarding marital home to custodial parent - Liquidity of property - Economic desirability of retaining assets intact - Tax consequences - Retirement benefits and costs of division

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Key Facts: Ohio

Filing Fee
Varies by county
Waiting Period
None for incompatibility if uncontested
Common-Law Threshold
Check state law
Property Division
Equitable Distribution
Child Support
Income Shares Model

These facts provide a general overview. Your specific situation may have unique considerations.