What are some of the major warning signs in a Louisville divorce? What behaviors in your former spouse should send up the equivalent of flares and red flags to warn you something probably isn’t right? One of the first and most important tasks associated with the divorce is to clearly establish every asset and debt of each party, individual or …
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. Generally speaking, if the asset …
Why is Valuation So Important in a Louisville Divorce
What is “valuation” and why is valuation so important in a Louisville divorce case? The issue of valuation is associated with marital property division and how the debts and assets of the parties are characterized and ultimately divided. We’ve covered the concepts of “marital property” and “separate property” extensively on this site, so this discussion is going to focus on …
Date of Separation and Legal Separation in Louisville
What is the relationship between the date of separation and legal separation in Louisville? Why would spouses seeking to end their marriage consider a legal separation instead of completing the divorce process? Let’s take the second question first. Why would anyone considering the end of their marriage choose to go through a legal separation? The only basic difference between the …
Are There Louisville Divorce Cases Where Mediation May Not Be Effective
Are there Louisville divorce cases where mediation may not be effective? Divorce cases will usually involve mediation unless the parties are in complete agreement. The core issue in this conversation is the fact that the cost of your divorce and the time it will take are directly and inextricably tied to the amount of disagreement between you and your former …
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 the date of separation itself …
What are the 3 Ways to End a Louisville Marriage
What are the 3 ways to end a Louisville marriage? If you are considering a divorce or contemplating the end of your marriage you need to understand the options available to you, the law as it applies to your unique circumstances as well as the best strategies to accomplish your goals and objectives. There are basically 3 ways to end …
The Equity in Your Home Can Help Long After Your Louisville Divorce
It may surprise you to learn the equity in your home can help long after your Louisville divorce. Some of those who seek a divorce might be in a better long-term financial position if they kept the home as part of the property settlement. However, financial advisers often tell their clients to get rid of the family home for a …
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 …
Compel Your Former Spouse to Pay Your Legal Fees in a Louisville Divorce
Can you compel your former spouse to pay your legal fees in a Louisville divorce? Who determines how the costs associated with a divorce are to be paid? Generally speaking, in most cases the Judge will order each party to pay their own attorneys. However, there are absolutely genuine reasons to ask for the Court to order your former spouse …