Marital Property Vs. Separate Property
Guidance from Experienced Cincinnati Property Division Lawyers
When going through a complex divorce, it can be time-consuming to determine what is marital property and what is separate property. Establishing the property and reviewing any prenuptial or postnuptial agreements can be crucial in helping to properly divide property between parties. Working with a knowledgeable Cincinnati divorce attorney can be crucial in helping to defend your property and rights throughout the divorce process. At King, Koligian & Associates, LLC, our accomplished lawyers can work with financial professionals to accurately determine the nature of the property.
Contact our divorce lawyers in Cincinnati at (513) 506-1025 for more information about how we can help you.
The Difference Between Marital & Separate Property
In the state of Ohio, properties are differentiated as:
- Separate property -This is considered property that is brought into the marriage.
- Marital property – Property that is bought or obtained over the course of the marriage.
When Separate Property Becomes Marital Property
If the separate property stays separate throughout the marriage, it can easily be determined as separate by the court. When the separate property becomes commingled over the course of the marriage by working on or increasing the value of the property, then it can be considered as marital property. The value of the property before the marriage is not considered to be marital property.
Property Division Attorneys Serving Montgomery, OH
Working with a dedicated and detailed Cincinnati family lawyer can help make the process of tracking property easier. Our legal team at King, Koligian & Associates, LLC is very experienced in charting and investigating our clients’ assets to help determine if they are marital or separate property. It is our goal to provide our clients with as much information as possible so they are fully aware of their assets and can make educated decisions about them.
Call us at (513) 506-1025 to set up a consultation with a member of our firm.
