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Disagreements over asset values might complicate property division in a divorce. Before you agree on how to divide property, you need accurate estimates of your assets. Relying on guesswork may lead to one spouse walking away with an unfair share. You do not need a...
Divorce can bring uncertainty about the future, especially after years of building financial security. Retirement accounts often become a major concern because they may represent decades of planning and hard work. If you are preparing for divorce, you may want to...
It is common for one parent to move after a divorce or separation. A new job, remarriage or family obligations may make relocating the right choice. But when parents live in different states, an important question follows: Which state's court has (and will have)...
If you’re the executor of someone’s estate, one of the first things that you’ll need to do is take an inventory of the deceased’s assets. In fact, the probate process cannot move forward until this inventory is completed. Kentucky requires the Inventory and...
Divorce can be expensive. The average cost of a divorce is estimated to be around $11,300, between attorney fees, court fees, property appraisals, business valuations and more. That has a lot of couples looking for ways to minimize the costs. Often, the cost of a...
If you own a business and plan to get married, you may already know that a prenuptial agreement can address property you bring into the marriage. However, your biggest concern may not be what your business is worth today. You may be more focused on what it could be...
Summer jobs are a major rite of passage for a lot of teenagers. That first job helps them learn how to handle themselves in a working environment, teaches responsibility, helps with time management and – above all – gives them a little financial independence. But does...
The good news for Americans is that divorce rates, as a whole, are down. The bad news is that divorce rates among one particular demographic – couples 50 years of age and older, usually in long-term marriages – have soared. The divorce rates are even higher for...
In Kentucky, child support is a shared parental obligation. It is generally determined by looking at what each parent would have financially contributed to their child’s care if the marriage had remained intact. Each parent’s gross income is used to determine their...
A lot of divorces start with the hope that – once the decision has been made – the fighting will stop and reasonable agreements can be reached so that both parties can move forward and heal. Unfortunately, not every divorce is destined to be amicable. Sometimes, a...
