Is Property Held in a Trust Subject to Divorce?
One of the most common questions we hear in divorce cases involving significant assets is: “If the property is in a trust, is it protected from divorce?” The short answer is not always. Whether trust property is subject to division in a divorce depends on how the trust is structured, who controls it, and how it was funded. Courts look beyond the label “trust” and examine the substance of the arrangement. Below is a practical overview of how trusts are typically treated in di
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
