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Southeast Ohio Law Blog

Divorce does not have to ruin your retirement dreams

If you have concerns about how an Ohio divorce may negatively impact your financial future, you are not alone. The process of ending a marriage will certainly have an impact on your finances, but it does not have to derail your long-held dreams for retirement. It is beneficial to consider not only your immediate well-being when making crucial divorce-related decisions, but your long-term future as well.

Everyone looks forward to retirement, but you can only make the decision to stop working if you have the financial ability to do so. Retirement accounts could be marital property, which means any savings accumulated over the course of your marriage is subject to division with your soon-to-be ex-spouse.

Your educational future after a criminal conviction

Whether you were a straight-A student or just getting by, you probably understood the importance of finishing college and getting that degree. People with college degrees have a substantially higher chance of getting a job. In the field you've chosen, the competition may be tight, and that degree will make all the difference.

However, you had to put all your plans on hold after your arrest for a drug-related crime. In addition to sanctions the university issued, you are now facing criminal charges that could ruin any chances you had for reaching your goals.

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