Taking Care of a Business in a Louisville Divorce - Professional Practice

Taking Care of a Business in a Louisville Divorce

Are you concerned about taking care of a business in a Louisville divorce? If your divorce involves the ownership of a small family business, an LLC, professional practice or an interest in corporate ownership the process of valuation and property division in your case will be much more legally and financially complex. Business owners understand the nature of risk and …

Legal Protections for Couples Who Live Together in Kentucky

Are There Legal Protections for Couples Who Live Together in Kentucky?

Are there legal protections for couples who live together in Kentucky? The patterns of relationships in the past 20 years has substantially changed from the traditional rules of the past. The days of attending school, getting a job, getting married, buying a home, starting a family and working to retirement have substantially changed. Many couples today prefer to live together …

How Are Debts Divided in a Louisville Divorce - Property Division

How Are Debts Divided in a Louisville Divorce?

How are debts divided in a Louisville divorce? Will I be responsible for the debts of my former spouse? Both spouses are technically responsible for any debt which was acquired from the date of the marriage until the date of separation. This applies to all debts and accounts regardless of whether either or both of the spouses are named on …

When You Should Consider a Prenup - Prenuptial Agreement Louisville

When You Should Consider a Prenup

What are some examples of when you should consider a prenup and how is it a positive and not a negative in a serious relationship which is headed for marriage? A prenuptial agreement, more commonly referred to as a “prenup” often has a negative bias attached to its name and the underlying concept. Why would you want to negotiate a …

Does the Process of a Divorce Treat Assets and Debt Equally? Louisville

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, investments, real property and even …