Even for the wealthy, divorce can be emotionally and financially draining. When Amazon.com, Inc. founder Jeff Bezos and his ex-wife, MacKenzie Bezos, finalized their divorce, she received 25% of Bezos' stake in Amazon.
According to statistics from the Ohio Department of Health, there were 28,916 total divorces statewide in 2020. For all the parties involved, going through a divorce can be difficult and emotional. An important issue that will be addressed in divorce is asset or property division.
According to the U.S. Census Bureau, the marriage rate in Ohio is 16.1 per every 1,000 females versus 16.6 nationwide, and the divorce rate is 7.2 per 1,000 females versus 7.7 nationwide. In other words, Ohio marriage and divorce rates are about even with nationwide trends.
Child custody is a difficult subject to discuss because of the emotional toll it takes all those involved. I understand how stressful this custody process can be, especially in Ohio. According to a study conducted by CustodyXChange, divorced fathers in Ohio get to see their children only 23.7% of the time on average, which is among the lowest percentage of any state.
Even a mutually agreed-upon divorce between two reasonable people can be a time of great stress, but what if your spouse has a personality disorder, whether bipolar or narcissistic? What can you expect then, and how do you proceed?
Going through a divorce can be extremely emotional and has the potential to impact every aspect of your life, including your finances, assets, and future family relationships. With emotions running high and so much at stake, someone going through a divorce can quickly find themselves overwhelmed without reliable legal guidance.