Cincinnati Complex Property Division Attorneys
Know Your Goals, Your Options and Your Priorities
In a divorce that involves complex property division, the first order of business for our attorneys is to get a full understanding of your goals and objectives. By knowing what you need, we can explain your options and help you determine your priorities.
In a divorce, our focus will be on you and your future. What do you need as you go forward after the divorce? At our law firm, your lawyer will be an advocate who protects your interests through negotiations and litigation.
The Cincinnati complex property division attorneys at Schimpf, Ginocchio, and Kehres Co., LPA, understand the issues involved in high net worth divorces, and they help clients resolve those issues.
Ohio Marital Asset Separation Lawyers: Planning for the Future
Defining goals can be challenging, but it's an important first step. A lifestyle goal, for example, may be for the kids to be happy and the relationship with the former spouse to be amicable. More specific financial goals could be retention of a small business, retirement at a certain age, or the ability to keep the children in the home they have always lived in.
Valuing a small business should also include a plan for what will become of the business. How is the business income assessed? How are issues of self employment or a small corporation dealt with? How is commercial property valued? By knowing your own objectives for the business, your lawyer can offer suggestions.
Our law firm often uses business valuation experts, actuaries, certified financial specialists and others to develop options for spousal support or for keeping a business while providing the other spouse with cash or assets. All high net worth property division solutions should be made with close attention to tax issues — capital gains tax, income tax or a tax-free exchange of property.
Retirement issues should also be considered. Accepting an early retirement package could mean a major reduction in income, for example. What will that mean for property division? Your attorney can help you determine the best way to plan ahead for pension division and the division of other retirement funds.
Contact Our Cincinnati Property Division Attorneys Today
The decisions you make now will affect your income and choices for the rest of your life. Make those decisions with competent legal counsel and a thorough knowledge of your own objectives. Contact us by e-mail or call us at 513-824-8170 or (toll free) 888-542-8120.
