Business owners and their spouses planning to divorce generally understand the concept of marital property and nonmarital property. While there are exceptions for inheritance, gifts, disability rewards, and a few other premises, marital property in Kentucky involves...
Divorce
Grey divorce involves different financial issues
Divorce rates in the United States have gone downward in recent decades. While this trend applies to couples in most age groups, the notable exception is 55 years old and up. The so-called "grey divorce" trend continues to rise. Because of couples' age in this group,...
Facts about a Kentucky divorce based on irretrievable breakdown
In Kentucky, a couple who decides to end a marriage and move forward with a divorce can take advantage of the “no-fault” option. This generally means that they do not need to give a concrete reason as to why the marriage is ending. Saying that it is irretrievably...
For suspicious spouses, spying has never been easier
Whenever you are out in public in a larger city like Louisville or a suburb like La Grange, you are probably being watched. Security cameras are everywhere these days but are discreet enough that you may never notice. Then you get home, where nobody is taping you...
The process of splitting a home during divorce
The property division process during divorce can help divorcing couples divide all different types of property and assets they may own together. One significant example is how to split the family home when the time to divide property during the divorce has come. There...
What is the difference between marital and separate property?
Marriage is a legal relationship that two Kentucky residents can choose to enter by their own decision. People of all different backgrounds, economic situations, and ages choose to marry for a variety of different reasons. As such, the relationships that exist between...
How we help our clients with divorce issues
Divorce is seldom an easy process. It becomes contentious quickly. This is why, at our firm, Pearson & Paris, P.S.C., in La Grange, we are the comprehensive provider of family law services, including divorce services. One-on-one client services During our free...
What is required to get a divorce in Kentucky?
Divorce is an emotional process, but it is also a legal process. To legally end a marriage in Kentucky, individuals must meet certain requirements and fulfill specific conditions. This post will introduce some of the important steps that individuals must complete in...
Protecting your business in a divorce
It takes a lot to own a small business. Many small business owners pour their life savings and countless hours into their business, only to have to share it with their ex-spouse in the divorce. Kentucky is an equitable distribution state, meaning that any property...
Easing the impact of divorce on children
Divorce is stressful for everyone involved, but especially for children. While each child is different, many kids recover faster than others. The positive news is that when Kentucky parents work in unison to reduce the effects of divorce, those efforts can pay...