Kentucky spouses that share a business face difficult choices when they decide to end their marriage, since dissolving their marriage could dissolve their business if a judge requires the sale of the business to split the proceeds between the spouses. An alternative...
Month: December 2019
Who takes ownership of the family business in a divorce?
Kentucky divorce courts generally divide a family business under the Bluegrass State’s equitable distribution system, which means each individual receives his or her fair portion. A company started during a marriage legally belongs to both spouses, and during a...
Should you get a child custody evaluation?
It is never easy to create a parenting plan and figure out custody in a divorce in Kentucky. However, the process is even more difficult if you have to deal with a spouse who is being difficult or refuses to compromise. In such a case, the court will have to step in...