Are debts and property treated equally in a Louisville divorce? How will your personal property, vehicles, real property, investments, retirement accounts and pets be divided during the division of marital property? The first concept to understand is the difference between “marital” property and “separate” property. Marital property is generally defined as any asset or debt...
How Bank Accounts are to be Handled in a Louisville Divorce
One of the most common questions we are asked is “how bank accounts are to be handled in a Louisville divorce?” Divorce can be emotionally challenging for most former spouses. When money comes into the mix it may only seem to get worse. So what do you need to know about how your bank accounts...
Things To Consider in a Louisville Gray Divorce
What are some of the things to consider in a Louisville gray divorce? While the divorce rate among many age groups has dropped here in Kentucky and across the nation, it has nearly doubled for those above 50. These cases often referred to as “gray divorce” often involve marriages which have lasted 20 years or...
What is the Difference Between Marital Property and Separate Property in a Louisville Divorce
What is the difference between marital property and separate property in a Louisville divorce? Why is this important and how can you best protect your interests? Here in Kentucky, all marital assets and debts are to be equally divided between the parties. Marital property is considered to be any asset or debt which was obtained...