Going through a divorce in Louisville, Kentucky is an emotional experience, even when you and your spouse agree to an amicable split. For couples who have been married for many years, divorce brings about a set of unique challenges, especially with regard to your...
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divorce
The role of asset trusts in some divorces
The discovery during a Kentucky divorce that one spouse has been hiding assets can come as a shock to the other spouse. In Texas, a divorcing billionaire couple are involved in a dispute over the fortune amassed since their marriage in 1989. The man filed for divorce...
Prenuptial agreements protect a business in divorce
In Kentucky and across the U.S., prenuptial agreements, or prenups, have become more common. It is important for couples to have a contract that describes who owns what before marriage and what happens to a couple's assets if there is a divorce. In the event a...
Pick your battles wisely when divorcing
In a Kentucky divorce, the actions and words of the spouses may dictate whether the case can be settled through an agreement or go to court. Spouses can have an impact on this with how they act. If they treat the other with disrespect, it may motivate the other spouse...
Determining who’s responsible for student debt in a divorce
Kentucky residents with student loans have probably been paying close attention to the news regarding the COVID-19 pandemic. Federal student loan holders have recently received several breaks, such as a temporary halt on interest accrual. Notwithstanding this sliver...
When is it better to reach a divorce settlement or go to trial?
Most couples who decide to end their marriage understand that working together during the divorce process can lead to a quicker and less costly outcome for both parties. However, divorce can often turn into a contentious and emotionally draining experience when...
Talking to your children about your divorce
You and your spouse started married life full of hope, but now you are both miserable. You never thought it would happen to you, but you are facing divorce. The two of you have many difficult decisions to make, and the hardest ones will likely be about the children....
Where to look for hidden assets during a divorce
Many couples experience feelings of distrust when preparing for divorce. However, when those feelings are founded and one spouse is hiding assets it may skew the court’s property division determination. In order to ensure they get treated equitably in their divorce...
Collaborative divorce may be a smart, workable solution
If you and your spouse have decided that divorce is inevitable, the next question is whether to take the traditional way out of your marriage or try something different. Collaborative divorce is an alternative to litigation, and it has been gaining in popularity....
What should I know about buy sell agreements?
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...
