Louisville Family Law Blog
Why are liquid assets important in a divorce?
There are different types of assets that can be divided up by a divorce court. Some assets are classified as liquid assets. These assets should not be overlooked in importance as you prepare to divide your property between you and your spouse. If you end your divorce...
How long does alimony last?
Alimony, or spousal support, is a court-ordered agreement in which one spouse must provide financial support to the other during or after a divorce. The goal of alimony is to provide for a spouse’s financial well-being until he or she can survive independently. If the...
Will you need a qualified domestic relations order in your divorce?
If you are involved in a divorce and have retirement accounts to divide, you will likely need a qualified domestic relations order, or QDRO. This is a court order that authorizes your plan administrator to divide your IRA, 401(k), pension or another retirement account...
What are some deciding factors in a relocation case?
If you and your child's other parent are no longer together, it can cause issues if one of you decides you need to move away. This is a major issue when it is the parent who has physical custody of the child or if you share parenting time. Obviously, one of you moving...
Why does gray divorce happen?
Colloquially referred to as a gray divorce, the trend of later-in-life divorces has received extensive media coverage in recent years. As the Baby Boomer generation ages and medical advances have allowed more people to live longer than in previous time periods, you...
What are some alimony alternatives?
One of the perks of a high asset divorce in Kentucky is that you have more assets to use in your negotiations with your spouse. This can be quite beneficial when it comes to paying alimony. According to Investor's Business Daily, finding different ways to appease a...
What areas require special attention in a high asset divorce?
A high asset divorce in Kentucky is a little different than your average divorce. There are special considerations due to the value of assets you and your spouse have. You need to be aware of the specific areas to keep an eye on during your proceedings. You want to be...
3 considerations to make co-parenting after divorce easier
Divorce is a situation that highlights the differences in parental values and parenting styles for many couples. Once the marriage is over, many people assume they can resort to whatever parenting practices they want to without regard to the other parent. Though...
Mediation vs. collaboration: What’s the difference?
If you and your spouse have begun thinking about obtaining a Kentucky divorce, neither of you likely looks forward to a long drawn out court battle. Not only do such acrimonious divorces cause stress, anger and upset for both of you, they also negatively impact your...
What can I spend my child support money on?
If you are a divorced Kentucky parent, your former spouse likely pays you child support every month as required by the court. But have you ever wondered what things you can use that money for? Bear in mind that the theory behind child support is that children of...
