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Divorce can turn your world upside down, and if you own a business, the stakes feel even higher. You have poured your time, energy and resources into building something from the ground up. Now you are facing the possibility that your spouse might claim a portion of...
Property division is the part of a divorce that couples most often dread, and with anxiety comes the potential for missteps. Here are four tips to help you avoid common property division mistakes. 1. Engage with details Preparing for property division takes time and...
People in Elizabethtown who are getting a divorce might have a variable annuity as part of a retirement account. This may need to be divided in the divorce. However, if assets must be transferred from one spouse to another, it is important to do it in a way that...
The financial aspect of a divorce for physicians in Kentucky can be a complicated legal matter when the doctor has a private practice. Just as in any divorce where the couple operates a business, the value of the practice is a significant component of the marital...
Whether a Kentucky divorce is amicable or not, one needs to make sure that the effects of the divorce do not destroy his or her ability to retire at some point. These considerations are even more important when there is a "gray divorce." One can tell from the name...
Spouses in Hardin County who are getting a divorce should take time to familiarize themselves with both state and federal tax law since their taxes may soon change. They'll be able to file as single after the divorce, but when that actually happens is usually...
When a couple gets divorced, they divide their assets. An important question in any Kentucky divorce is what assets are considered marital property. Generally, this includes any asset that comes to the parties because of the marriage. Marital assets may include...
In Kentucky as in the rest of the country, parents in a divorce might opt for the same method of splitting time in a 50-50 custody share as they have for decades. However, experts are beginning to advise that alternating weeks between the parents' homes may not be the...
People in Hardin County who are trying to negotiate a divorce agreement may come to a point where they simply cannot agree on property division or child custody. At this stage, they might need to decide whether to settle on a less-than-satisfactory note or proceed to...
Marital breakups among older adults are on the rise even though divorce rates for younger age groups are falling. Dividing retirement accounts may be a particular concern for older spouses going through a "gray divorce" in Kentucky. For 401(k)s and certain other types...