In Ohio my husband has a business under a LLC.. limo business can we divide that business if put together during marriage

Question

In Ohio my husband has a business under a LLC.. limo business can we divide that business if put together during marriage

Answer

In Ohio, Courts will consider as marital property (therefore subject to division in a divorce or dissolution proceeding) any asset that came into either parties' possession during the marriage unless it falls within an exception (like inheritance, personal injury settlement, or passive income from an asset owned prior to the marriage: example: dividends on 100 shares of Disney stock the party owned before the marriage). It does not matter to the Court whose name the property is in.