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Protecting a business before divorce happens

When Ohio entrepreneurs get together to form a business, they may not be thinking about one another's personal lives, but doing so may be necessary to protect the company. If one business partner gets a divorce, the company could come into play during the property division stage of the proceedings.

Avoid these missteps when dividing retirement accounts

For some couples in Ohio who are getting a divorce, their retirement accounts might be the most valuable assets they own. They may need to divide these assets during the divorce, but it is important to ensure the proper documents are in place so that it is not necessary to pay taxes or penalties. People should also take precautions, such as not approving a change in beneficiaries for a 401(k), until the divorce is final. Otherwise, if the spouse who owns the retirement account dies, the other person may not receive anything.

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Kelly Law Office, LLC
136 West Mound Street
Columbus, OH 43215

Phone: 614-556-4280
Phone: 614-556-4280
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