Commingled Assets and Debts in a Louisville Divorce - Property Division

Commingled Assets and Debts in a Louisville Divorce

How will the Court handle commingled assets and debts in a Louisville divorce. Generally speaking, there are principally two types of marital property in a Louisville divorce – “marital property” and “separate property.” Basically, marital property will encompass any assets and debts which are obtained by the parties jointly or separately from the date of the marriage to the date …

What Happens to Retirement Plans in a Divorce in Louisville

What Happens to Retirement Plans in a Divorce in Louisville?

What happens to retirement plans in a divorce in Louisville? What happens to Social Security benefits in your divorce? There are many different types of retirement plan vehicles including defined contribution plans, defined benefit plans, Individual Retirement Accounts (IRAs) as well as public employee or teachers retirement systems such as KPPA and KTRS. Defined contribution plans are a specific account …

How Long Can You Expect Maintenance to Last in a Louisville Divorce

How Long Can You Expect Maintenance to Last?

How long can you expect maintenance to last in a Louisville divorce? Generally speaking, a lot will depend upon the length of the underlying marriage. However, there is no specific formula for calculating maintenance under Kentucky Family Law. The law provides the Judge in your case with a long list of factors which must be weighed to determine if support …