Below you'll find a list of all posts that have been tagged as “Retirement”
What are a few of the assets which are frequently missed or inaccurate during a divorce disclosure? Why is it important to ensure attention to detail when completing financial disclosures during a divorce? One of the first tasks one must complete at the outset of a Louisville or Jefferson County divorce is the disclosure of all known assets and debts. …
Can you modify maintenance when you retire in Louisville? When long-term maintenance is ordered in a divorce case here in the Louisville area, it is usually based on a higher earner supporting a former spouse with less earning ability. While it is less common these days, long-term maintenance is usually ordered when the underlying marriage lasted for a substantial period …
What are some inside divorce tips for those considering the end of their marriage? You’ve probably been thinking about things for quite a while. You’re concerned about the impact a divorce will have upon you, your children and your circle of family and friends. You will need some practical inside divorce tips to help you to get prepared while avoiding …
How is a KTRS retirement account divided in a Louisville divorce? The Kentucky Teachers Retirement System (KTRS) provides retirement, disability and survivor benefits for Kentucky teachers and their spouses and children. KTRS manages pension funds for school districts, community colleges and universities.. As Louisville divorce attorneys with decades of experience we can tell you all retirement benefits accrued during the …
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 more. These cases also involve …
There are often many property division challenges in a Louisville divorce. This is especially true when the former spouses have substantial assets or one of them owns their own business. What are some of the most complex issues to resolve during the property division process? Retirement Assets One of the most common financial issues in a divorce is the division …
One of the most common issues which leads to divorce in Louisville is financial trouble. It is important to protect your finances during your divorce to help re-establish your credit and financial footing. The financial impact after a divorce can affect your personal finances well into the future. Most people make their spouse the beneficiary on any life insurance or …
The beginning of a new year often leads to financial planning, new goals as well as considerations of major life changes. January is one of the highest months for divorce filings in Louisville. One of the most common issues is the division of retirement accounts in a Louisville divorce. Pensions, 401(k)s, and other retirement accounts are often some of the …
Are you above the age of 50 and considering a divorce? You are not alone. Divorce over the age of 50, also known as “Gray Divorce” has significantly increased over the past several years. It is important to know how to plan for a gray divorce in Louisville in order to protect what is important in your present and future …
Is Kentucky TRS retirement for teachers marital property in a Louisville or Jefferson County divorce? How will a Kentucky TRS teacher’s retirement account be handled in your divorce? We are often asked about the disposition of a teacher’s retirement account at Kentucky TRS. The Kentucky Teacher’s Retirement System was established in 1938 to provide disability, retirement and survivor benefits for …