What is wasteful dissipation in a Louisville divorce? How does this aspect of family law affect property characterization and distribution, especially in the wake of an affair? Do you believe your former spouse had an affair and spent money on gifts, travel or other related expenses? Did a vindictive spouse purposefully run up the credit...
The Division of Debt is an Important Part of Marital Property Division
Many people approaching a divorce may not realize the division of debt is an important part of marital property division. They may be focused on specific things they want to keep, possession of the family home, protection of retirement accounts or retaining ownership of a business or professional practice. It is quite natural to focus...
How is the House Handled in a Louisville Divorce
We are often asked how is the house handled in a Louisville divorce case? Who gets to keep the family home and what should you know about how this important issue will be handled in your divorce? The first question is going to be the characterization of the home as an asset in the divorce. ...
All Property in a Divorce is Not Marital Property
When it comes to a Louisville divorce many people are surprised to learn that all property in a divorce is not marital property. Marital property is basically established as any asset or debt attained by either or both parties from the date of the marriage until the date of separation with a few exceptions. While...