Ohio isn’t strictly a state that mandates a good division of marital property throughout divorce proceedings. As a substitute, Ohio operates beneath the precept of equitable distribution. Because of this the court docket goals to divide marital property pretty, which can or might not end in a 50/50 cut up. Elements thought of embrace the size of the wedding, the property and liabilities of every partner, the financial circumstances of every partner, and another related issue that the court docket deems simply and equitable.
The idea of equitable distribution acknowledges that contributions to a wedding should not all the time simply quantifiable in financial phrases. One partner might have been the first caregiver for youngsters, enabling the opposite partner to advance their profession. Or one partner might have sacrificed profession alternatives to help the opposite’s pursuits. Equitable distribution permits the court docket to contemplate these non-monetary contributions when figuring out a good division of property. Understanding this framework is essential for people considering or present process divorce in Ohio, because it immediately impacts the monetary final result of the proceedings.