Kentucky courts divide assets and debts as part of divorce settlements. While many worry about who gets the house, cars or other high-value assets, they should also worry about marital debt, which includes mortgages, car loans and credit cards. Both parties share the...
Divorce
How will your high-value assets get divided?
Families that count businesses, investments, estate plans, and maybe even bitcoin or artwork face serious challenges when dividing marital assets. Each spouse must get an accurate list of the assets. Considering there may be thousands or millions of dollars at stake,...
How can virtual visitation protect your relationship with your child?
Regular contact with your child is essential to building and maintaining a strong relationship as they grow and mature. Unfortunately, a divorced parent may not always be able to be in the room with them, particularly if you move out of town or your career takes you...
5 great reasons for getting divorced
Many divorces involve an amicable parting of ways and may remain friends or co-parent partners in raising the family. There may be other situations, however, where it is clear that the marriage needs to end, regardless of what a spouse says about changing their ways...
Are those texts actually deleted?
The Congressional investigation into the events on January 6, 2021, has yielded a wealth of information about who did what and said what on the day. Witnesses provided much of this information, but investigators have also sought or subpoenaed data, papers and...
What documents are crucial to planning a divorce?
Your attorney will need information about the marriage before starting the divorce process. While personal information is important, the often-contentious negotiation of dividing assets is based on these critical documents. This information provides a...
Getting kids comfortable in both homes is possible
Coparents come up with a wide range of parenting plans for where kids spend their time. Regardless of the custody agreement, the plan may favor one home with more time, be a weekend home, or be a situation where the kids move fluidly between the two residences. It can...
Retirement accounts should be properly divided
Concerns about financial security weigh heavily during a divorce, particularly if the couple is closing in on retirement age. So, it is essential that spouses divide up all marital assets fairly and equitably. This can include retirement accounts like 401(k) plans,...
Determining who gets the pet?
Folks here in Kentucky have always had a strong attachment to their animals, whether horses or other farm animals, a hunting dog, or a house cat. Nevertheless, animals seem to be an increasingly important part of a couple's divorce agreement. This may be due to the...
Dividing (and paying) debt is also a part of a divorce
Many marriages end due to disagreements or stress over money. Perhaps one spouse wants to live modestly while saving for retirement, while the other is comfortable living paycheck to paycheck or even amassing sizable amounts of credit card debt. This difference can...
