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...
When You Should Consider a Prenup
What are some examples of when you should consider a prenup and how is it a positive and not a negative in a serious relationship which is headed for marriage? A prenuptial agreement, more commonly referred to as a “prenup” often has a negative bias attached to its name and the underlying concept. Why would...
Are You Risking Your Relationship and Perhaps a Marriage by Asking for a Prenup?
Are you risking your relationship and perhaps a marriage by asking for a prenup? What is a prenuptial agreement and when should you consider asking for a prenup? A prenuptial agreement is simply a contract which establishes existing property and financial accounts, intellectual property, business ownership or debt and how it will be handled in...
Valuation Isn’t Just for a Business in a Divorce
While it often applies to a company or professional practice valuation isn't just for a business in a divorce. What is valuation and how is it helpful in the successful completion of the divorce process in Louisville and Jefferson County? Here in Kentucky, all marital debts and assets must be divided evenly between the former...