We are often asked, "If I owned my company before getting married, is it considered separate property in our divorce?" What happens to a business in a Louisville divorce? How is the interest in the company managed during property division if the spouse in question owned it before getting married? How does the division of ownership...
Spouses Owe Each Other a Fiduciary Duty In a Louisville Divorce
Did you know that spouses owe each other a Fiduciary Duty during a Louisville divorce? What obligation do former spouses have to one another from a financial perspective until their divorce is finalized? If you are considering or going through a divorce in Jefferson County or Louisville it is important to understand the "fiduciary duty"...
What is Usually Marital Property in a Louisville Divorce
What is usually marital property in a Louisville divorce? Kentucky is known as a "Equitable Distribution" state in terms of how marital property is characterized and ultimately divided during a Jefferson County or Louisville divorce. In Kentucky, the spouses are entitled to the equitable division of all property you or your spouse obtained as well...
Dispute over Maintenance or Spousal Support in Louisville Divorce
Are you involved in a dispute over maintenance or spousal support in a Louisville or Jefferson County divorce? Maintenance, often referred to as "spousal support" or "alimony" is one of the issues which often causes disagreement between divorcing couples here in Louisville. Unlike child support, which is based upon established guidelines (for the most part),...