How Are Life Insurance Policies with Cash Value Divided in an Ohio Divorce?
When people think about dividing assets in a divorce, they usually focus on houses, bank accounts, and retirement plans. But one asset that is often overlooked—and can be very valuable—is life insurance with cash value. In Ohio (including Columbus and Franklin County), life insurance policies that build cash value are treated as marital property if paid for during the marriage. That means they must be addressed in your property division just like any other account. At Hoff
