All assets of a business or professional practice must be considered during a divorce valuation in Louisville. This is especially true when establishing the value of a small business. According to a recent analysis by the US Treasury Department, the vast majority of American businesses are small companies, often without any employees or owners other...
Property Distribution in a Louisville Divorce isn’t Just Dividing All Assets in Half
Property distribution in a Louisville divorce isn't just dividing all assets in half and giving each former spouse their 50% share. Here in Kentucky, marital property is usually to be divided equally and equitably between the parties . However, this doesn't mean you sell every asset, pay off every debt and divide the remaining money...
Why do I Need an Experienced Divorce Attorney in Louisville
Why do I need an experienced divorce attorney in Louisville? This question is asked by the vast majority of those who seek divorce here and across Kentucky. This is evidenced by the fact that many Kentuckians attempt to handle divorce on their own, filing their own paperwork for the divorce. The lesser known fact is...
Identifying the Value of a Spouse’s Business in a Louisville Divorce
What is the process for identifying the value of a spouse's business in a Louisville divorce? The most important thing you need to know as the spouse of a business owner is this: Your spouse will not have anything to say or do with the actual valuation of that business interest. That will be determined...