What are some of the things you should consider when negotiating or mediating a high asset divorce in Louisville? Are there strategies which can keep your personal affairs and financial information private and out of the public record? How do you best ensure a fair settlement in a high asset divorce case? Generally speaking, negotiating...
Does the Process of a Divorce Treat Assets and Debt Equally?
We are often asked “does the process of a divorce treat assets and debt equally? Will our property and debts be divided 50/50? Virtually every divorce in Louisville involves the distribution of assets and debts. Assets will include everything from the family home to personal property, a business or professional practice, retirement accounts or pensions,...
Does Bankruptcy Discharge Child Support or Maintenance?
Does bankruptcy discharge child support or maintenance? If one of the co-parents after a divorce falls into a serious financial challenge will a bankruptcy affect existing child support or maintenance orders? Orders issued by the Family Court in a divorce case relating to child and maintenance are known collectively as a domestic support obligation. Child...
Is There Child Support When Co-Parents Share Custody?
We are often asked if there is child support when co-parents share custody. Whenever a divorce in Louisville involves a child or children under the age of 18 (or still in high school) the parties must complete Kentucky’s child support calculator. The result of the State child support calculator must be provided to the Judge,...