How will a divorce impact your retirement plan(s)? How are retirement plans such as a 401(k), Kentucky Teachers Retirement System (TRS), Kentucky Public Pensions (public employees), a pension and even Social Security handled in a divorce? It is interesting to note that many people don’t think about their retirement plans when considering a divorce. However,...
Is My Business at Risk During a Louisville Divorce?
We are often asked “Is my business at risk during a Louisville divorce?” What does a business owner need to know if they are considering or at the outset of a divorce? The first question regarding the business or professional practice in a divorce is whether it will be characterized as your separate asset, marital...
What Makes the Date of Separation Important in a Louisville Divorce
What makes the date of separation important in a Louisville divorce? How is the date of separation established in a Louisville divorce case and how could it matter to your unique circumstances? The two primary reasons for what makes the date of separation important in a Louisville divorce involve marital property characterization and division as...
When Do You Need to Consider a Prenuptial Agreement?
When do you need to consider a prenuptial agreement? What are some of the issues a prenuptial agreement or “prenup” can and should address? Why is a prenuptial agreement beneficial for both parties prior to a marriage? The most common scenario for a prenuptial agreement occurs when two people intend to get married but one...