Are you searching for answers on what to do about hidden money or assets in a Louisville divorce? Are you concerned that your former spouse has worked to stash away money, undervalue substantial assets such as a business or professional practice or manipulated income or business revenue to improve their position in your divorce? Kentucky Family Law requires both parties …
Financial Disclosures at the Outset of a Louisville Divorce
What do you need to know about the financial disclosures at the outset of a Louisville divorce? Both parties are required to submit Declarations of Disclosure which include a comprehensive, full, accurate reporting of income and expenses, a schedule of assets and debts. These disclosures are required of both parties regardless of who is or isn’t listed on title or …
Spotting Patterns of Hiding Money or Assets in a Louisville Divorce
Are you concerned your spouse isn’t being completely forthright in your divorce? What are some things to look for to help you identify potential patterns of hiding money or assets in a Louisville divorce? What can be done about a former spouse who purposefully omits or misrepresents the value of accounts or assets in a divorce? It is important to …
Concerns of a Divorcing Physician in Louisville
What are some of the concerns of a divorcing physician in Louisville? This isn’t simply about the assets at stake or your interests as a parent in child custody and visitation. Most of our professional clients are also worried about their reputation and privacy. Doctors face several unique challenges in a divorce which require the proven, experienced advice and counsel …
Make a Full Disclosure of Assets and Debts in a Louisville Divorce
You must make a full disclosure of assets and debts in a Louisville divorce. Kentucky law clearly requires every individual to make a full, transparent disclosure of all financial assets and liabilities in a divorce. We are often asked “what specifically must be disclosed?” The short answer is simply any and all information you possess regarding an asset, investment, account, …
What Does an Equitable Property Division Solution Look Like in a Louisville Divorce?
What does an equitable property division solution look like in a Louisville divorce? Many people believe marital property is split right down the middle between divorcing parties in Louisville. This isn’t the case and Kentucky Family Law doesn’t specify a 50/50 split. How do the concepts of “fair” and “equitable” apply in these cases? Marital property in Kentucky means all …
How Long Does a Prenuptial Agreement Last in Louisville
How long does a prenuptial agreement last in Louisville? Generally speaking, prenuptial agreements are legal contracts which are entered into between two people who are contemplating marriage. The prenup takes effect upon the date of the marriage and does not expire unless otherwise specified in the agreement itself. If the couple chooses not to marry, the prenup is generally invalidated …
What Does a Fair Property Division Solution Look Like in a Louisville Divorce?
Many people believe marital property is split right down the middle between divorcing parties in Louisville. This isn’t the case and Kentucky Family Law doesn’t specify a 50/50 split. What does a fair property division solution look like in a Louisville divorce? How do the concepts of “fair” and “equal” apply in these cases? Marital property in Kentucky means all …
Protect Your Business with a Prenuptial Agreement
Can you protect your business with a prenuptial agreement? What happens to a business you own prior to marriage in the event of a divorce. The first question a business owner should ask prior to entering into a marriage (from a business point of view) is “Can I keep a solid wall between the business and our marital assets?” If …
Preparing for a Gray Divorce in Louisville
What do you need to know about preparing for a gray divorce in Louisville? “Gray Divorce” is a relatively recent phenomenon and applies to a divorce where both spouses are over the age of 50. A recent Pew Research Institute study shows an increase of 100% in gray divorce since 1990. Those who are preparing for a gray divorce in …