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...
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...
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...
How to Tell When a Spouse is Hiding Marital Assets
Is there a way to tell when a spouse is hiding marital assets? What are some of the most common strategies to hide or significantly under-report the value of assets associated with a Louisville divorce? Both parties are required by Kentucky Family Law to fully, accurately and transparently disclose all assets and debts (even if...