Marital property in Ohio is subject to division between the parties at the time of divorce. A family law attorney can help you secure your financial future by making sure you get all the marital property you’re entitled to under the law.
If you have questions about your parental rights in a separation or divorce, please contact the David A. Looney Co. LPA at 330-785-3337, or fill out our contact form. We serve clients in the Summit, Portage, Stark, Medina, and Wayne counties of Ohio. With over 50 years of combined legal experience, we are aggressive, equipped and prepared to fight for you and help you solve your legal problems.
Marital property is property that was acquired during the marriage. Property that was brought into the marriage by a party remains with that party in most cases, and is not considered to be marital property.
Assets that were inherited by a party during the marriage remains the separate property of that spouse in most cases, and is not considered marital property.
Retirement accounts and pension plans are considered to be marital assets. The amount of those accounts that were earned during the marriage is subject to division at the time of divorce.
A Qualified Domestic Relations Order (QDRO) is a court order that is entered at the end of the case and is directed to the administrator of the pension plan, and ensures that the marital portion of the account will be appropriately divided at the time of retirement.
The experienced family law attorneys at the David A. Looney Co. LPA can advise you about property rights during a divorce or separation. Call us at 330-785-3337, or fill out our contact form. We serve family law clients in the Summit, Portage and Medina counties of Ohio.