If an Ohio couple runs a company together, they should have an agreement as to what happens if the romantic relationship ends. While talking about a buy-out may seem to be as awkward as discussing a prenuptial agreement, it is a necessary conversation to have. Having an agreement in writing could avoid a protracted legal battle that could impact the lives of the owners and the employees.
Divorce is never easy, least of all when that divorce involves minor children, because on top of the emotional turmoil it can generate for the children, divorce also creates child custody questions that need to be solved. Often, it is the family court system that has to help resolve these, but the more parents can work together to agree on the parameters of custody and parenting, the easier the process is for everyone. One way that parents can make the process easier for themselves and their children is through the use of a parenting plan.
Ohio custodial parents often rely on their child support payments, but situations do arise when someone might want to stop receiving the funds. Generally, the law very much encourages financial support for all children up to the age of majority, and a family court might try to persuade a parent not to alter a support agreement, but a legal process does exist for altering or ceasing child support.
Individuals who are 50 years of age or older in Ohio and are considering getting a divorce should know that the divorce rate for their age group has almost doubled since the 1990s. According to the United States Census Bureau and the National Center for Health Statistics, 10 persons out of every 1,000 married persons divorced in 2015, compared to 5 persons out of every 1,000 married persons in 1990. The divorce rate for those who are 65 years and older was six people per 1,000 married persons in 2015, which is almost triple what the rate was in 1990.
Studies have shown that divorces can have a negative effect on children, and being around fighting parents can cause even more of an emotional impact. When a couple decides to divorce, there are a number of options available, including living together for as long as possible and avoiding arguing in front of their kids, that may help reduce the emotional distress to their children.