What is a QDRO in a Louisville Divorce - Dividing Retirement Assets

What is a QDRO?

What is a QDRO in context of a Louisville divorce? How are retirement plans and accounts managed in a Louisville divorce? A Qualified Domestic Relations Order (QDRO) is a legal order which tells the administrator of a retirement vehicle to divide the plan or account, as well as how to do so. Retirement plans such as a 401(k), pension, public …

Child Support Doesn't Have to Follow Kentucky Guidelines

Child Support Doesn’t Have to Follow Kentucky Guidelines

Did you know that child support doesn’t have to follow Kentucky guidelines in all cases? We are consistently asked about child support and whether or not one has to follow Kentucky’s guideline child support calculator. Ultimately child support can be negotiated as part of your Jefferson County or Louisville divorce settlement agreement. However, Kentucky’s child support calculator is where the conversation …

Millennials Seeking Prenuptial Agreements

Many Millennials Seeking Prenuptial Agreements

Is it a surprise to you that the trend of many millennials seeking prenuptial agreements has changed what was once an almost “taboo” subject. 10 years ago, few Kentucky couples wanted to “discuss the potential end of their marriage” before they even exchange their vows. However, a prenuptial agreement requires exactly that type of important discussion. Prenups allow people who …

How are Social Security Benefits Managed in a Louisville Divorce

How are Social Security Benefits Managed in a Louisville Divorce?

How are Social Security benefits managed in a Louisville divorce? The number of divorces in couples over the age of 55 often referred to as “Gray Divorces” has significantly increased over the past several years. Usually the couple has been married for quite some time and crucial issues in the divorce include the division of marital property, business ownership, maintenance …