In Kentucky, couples who are getting divorced often carry student loan debt. Many times, both spouses possess this type of debt. It is more common to graduate college indebted for years because of the cost of education. In the divorce process, the issue of which...
Year: 2020
Is your tech-savvy spouse cheating?
Technology has changed the way we live, do our jobs and interact with others. Today it is common for spouses to Tweet, Snapchat, message, Zoom, or use some new platform. This connectivity is great for keeping in touch with friends and family and can make it easier to...
Active coparenting takes planning
Divorce is one of the most challenging experiences that many will face. It involves hundreds of decisions that range from where to live after the divorce to small but essential things like keeping a favorite coffee mug. Few choices, however, will be more critical,...
What is the process of filing for divorce?
Many married couples in Denver eventually end up filing for divorce. Most divorces are contested which means spouses cannot agree on issues like property division and child custody. It is important to understand the proper steps to take when starting the process. Most...
Divorce property division for business owners
Divorce can be a complicated financial matter as well as an emotional issue. This can be especially true for small and medium-sized owners of privately-held Kentucky companies. These types of businesses are often the largest marital asset at stake in the divorce, and...
Covering the Estate Planning Basics
A basic estate plan for everyone should consist of the following four documents. Please contact Pearson & Paris for a free consultation.
WILL: A will, sometimes called a last will and testament, is how an individual directs how property should be distributed upon their death, including payment of debts and other final details. Included in the will is appointment of a personal representative (executor) who, working with a law firm, handles the details regarding the terms of the will. A will can also create a trust for minors and others to protect property in the long term.
Employee v. Subcontractor
As an employer, it is important to determine if individuals working for you are employees or independent contractors. If you mistakenly classify an employee as an independent contractor, there may be significant monetary penalties. Some factors of many are listed...
How working parents can maximize their custody rights
Working parents in Kentucky and throughout the country don't necessarily have to choose between having a career and having a role in their children's lives. Generally, custody rulings are based on what is good for the child. Therefore, if a working parent is willing...
Why prenuptial agreements can benefit anyone
Even if you don't have a lot of assets when you get married, it can still be a good idea to sign a prenuptial agreement. These documents are generally considered valid in Kentucky and throughout the United States. While some people view prenups as a sign that a...
Supervised visitation for troubled parents
Some Kentucky divorced parents may face serious issues like drug addiction but still want to be part of their children's lives. However, it may not be safe for them to be left alone or fully responsible for the kids, especially if there are allegations of neglect,...