People preparing for divorce may find themselves disagreeing about many details. Frequently, property division is one of the biggest sources of conflict between spouses. Spouses often have different ideas about what assets are subject to division and also what those...
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property division
What happens to an inheritance during a divorce?
A few years ago, your parents passed away and left you a significant inheritance. They wanted the money to help provide for your future. For instance, you may have been planning to use it when you decide to retire. However, you were married when you received that...
Who gets to keep the family pet in a divorce?
Anyone who owns a pet knows they become much more than just animals—they're family members who bring joy and comfort into our homes and lives. When you divorce, deciding who keeps the beloved family pet can trigger strong emotions and tough choices. You don't always...
Could filing for bankruptcy affect a divorce settlement?
Filing for bankruptcy can significantly affect the division of assets and debts between spouses during divorce. The "how" of this reality is guided primarily by when bankruptcy is filed in relation to when the divorce is filed, whether bankruptcy is filed jointly or...
How are art and jewelry divided in divorce?
When a marriage ends, the division of assets can be a complex and emotionally charged process. Two categories that may cause significant debate are jewelry and art collections. Understanding the difference between marital and non-marital assets is crucial. Doing so...
5 factors that influence debt division in KY divorce
When it comes to divorce, dividing assets like the family home or retirement accounts often takes center stage. However, equally important yet frequently overlooked is the allocation of debts. The mortgage on your home, joint credit card bills or loans you took out...
Do’s and don’ts during high-asset divorce proceedings
Divorce becomes more complex when it involves valuable assets. Sorting out the dissolution of marriage and child custody, if applicable, already takes time. When millions are at stake, the property division takes even longer. Spouses would have to prepare more...
3 money mistakes to avoid amid divorce
Divorce is financially taxing, and avoiding common money mistakes is helpful during this challenging time. Missteps in financial matters can have long-lasting consequences, impacting both parties' financial stability post-divorce. By steering clear of common financial...
Understanding which assets to divide during a divorce
Divorce can be a challenging and emotional process, and one of the important aspects is dividing assets. When a marriage comes to an end, it is important to navigate the division of property fairly. There are several types of assets you must consider before deciding...
Pursuing justice for financial abuse by fiduciaries
Trust is the cornerstone of financial relationships. Discovering that a fiduciary betrayed that trust can be shocking and devastating. When facing this situation, it is crucial to hold these individuals accountable. Recognizing the signs Probate cases are particularly...
