Below you'll find a list of all posts that have been tagged as “fiduciary duty”
Did you know you have a fiduciary duty to your former spouse until the divorce is final? What is a fiduciary duty and how does it govern the behavior of former spouses during a divorce in Louisville or anywhere in Kentucky? It is important to understand all aspects of a divorce in Louisville, especially when it comes to money. There …
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 cards or make a large …
Are you aware of your fiduciary duties in a Louisville divorce? It may surprise you to learn about the powerful legal obligation you owe to your former spouse until the date your divorce is finalized. A “fiduciary duty” under Kentucky law is a substantial legal obligation requiring you to act in the other party’s best interest. The fiduciary duties in …
What rules apply to spouses during the divorce process? There are certain rules or duties and responsibilities that are placed upon former spouses as they work through the process of a divorce in Jefferson County or Louisville. From the moment the divorce petition is filed to the moment the Court issues final orders in your divorce case you and your …
How will the finances work during your divorce? It is important to give careful consideration to your finances and to take important steps to prepare for an impending divorce. It is important to understand that each spouse owes the other a “fiduciary duty” when it comes to every financial aspect of the divorce. This requires each spouse to “act in …
What are the fiduciary duties of former spouses during a divorce in Jefferson County or Louisville? What is a fiduciary duty? Generally speaking, a fiduciary duty is the legal responsibility to act in the other’s best interest. It requires the highest legal standard of “fair dealing” and “good faith.” Each party will be held to this high standard of acting …
What is the fiduciary duty of spouses going through a Louisville divorce? What obligation do former spouses have to one another from a financial perspective until the 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” you owe to your former spouse throughout the …
What should you do if you suspect fraud in a Jefferson County divorce case? When a couple file for a divorce the court issues a variety of orders. The former spouses owe a “fiduciary duty” to one another to provide a full, transparent and accurate accounting of all assets, bank and investment accounts, retirement accounts, vehicles, real estate, and income …