Tuesday, December 14, 2010
Divorce Misconduct Penalties
It only makes sense to start this blog with an issue of significance to everyone in a divorce dispute - full disclosure of assets. Inevitably parties to a divorce case question whether the other spouse has been candid about the true extent of their assets. This is alone can stall divorce settlement negotiations and cause the parties to spend needlessly on discovery and depositions to identify the true state of the assets. In 2010, the Ohio General Assembly amended R.C. 3105.171 to impose significant penalties for a failure to disclose an asset of up to three times the value of the undisclosed asset.
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