Caring Lebanon, Ohio, Property Division Mediation Attorney
The property division process is generally one of the most conflict-filled aspects of a divorce. However, divorcing spouses in the Lebanon area and Warren County can avoid the common turmoil associated with property division by taking proactive measures and reaching out for experienced legal representation.
At The Law Office of Juliette Gaffney Dame, I have helped Ohio spouses understand the advantages of mediation and how the process can benefit them as they work out a property division settlement. With over 15 years of experience, I can guide spouses through the property division process while offering tailored support along the way.
What Documents Are Needed To Prepare For Property Division Mediation?
Preparing in advance for a property division mediation session is imperative for spouses who want to put themselves in the best possible position. Prior to the initial mediation meeting, Ohio spouses should be sure to collect:
- Recent tax returns
- Bank statements
- Retirement account statements
- Investment account statements
- Pay stubs
- Insurance information
- Mortgage documents
- Loan statements
By proactively collecting pertinent and relevant documents, spouses can feel confident going into their mediation sessions and understand what assets are potentially at stake.
Should Divorcing Spouses Hire An Appraiser?
Before hiring any third-party financial appraisals, it is good to talk with your attorney but having the benefit of an appraiser is likely going to be beneficial when looking to value a property for division of assets. Divorcing spouses should hire an experienced appraiser to ensure their assets are valued correctly. An appraiser who knows the local area (for real estate) or specific property for other assets can best assist spouses who possess the following assets:
- Real estate
- Businesses
- Unique or collectible assets
- Retirement accounts
With the support of an appraiser, divorcing spouses can protect themselves financially and ensure they receive an acceptable and appropriate settlement for any divided assets.
How Are Property Division Agreements Finalized?
It is common to think a property division agreement has been finalized once it has been drafted, reviewed and signed by all parties involved. However, court approval is still needed for the agreement to actually be valid in the eyes of the law.
To officially finalize an agreement, it must be filed with the court first. Then a judge will review the contract to make sure it is valid and enforceable. If the judge believes the agreement meets the necessary requirements, they will approve and finalize the order.
Making Property Division Peaceful
Confrontation is not a necessary component of the property division process. I strive to help my clients in southwestern Ohio understand this to protect them from making mistakes that lengthen divorces and lead to larger expenses down the road. The goal is to not have to return to court later. To schedule a consultation, call me at 513-599-8979, Monday through Friday, from 8 a.m. to 5 p.m. If calling after hours, please leave a message or fill out the online contact form.