Steps to Prepare for a Divorce in Louisville - Custody - Business - Support

Steps to Prepare for a Divorce in Louisville

You’ve probably had several discussions with your spouse (and countless reflections within your own mind and heart) about the possibility of a divorce. In some cases, one party is surprised when they are served divorce papers by the other. One thing is certain: if you are considering ending your marriage you need to give consideration to the steps to prepare …

What Happens to Retirement Plans in a Divorce in Louisville

What Happens to Retirement Plans in a Divorce in Louisville?

What happens to retirement plans in a divorce in Louisville? What happens to Social Security benefits in your divorce? There are many different types of retirement plan vehicles including defined contribution plans, defined benefit plans, Individual Retirement Accounts (IRAs) as well as public employee or teachers retirement systems such as KPPA and KTRS. Defined contribution plans are a specific account …

Division of Retirement Plans in a Louisville Divorce - Pension - QDRO

Division of Retirement Plans in a Louisville Divorce

How will the division of retirement plans in a Louisville divorce be accomplished? Why is the division of retirement accounts, pension plans, 401(k) accounts, IRAs, Roth IRAs, SEP-IRAs, family owned business and privately funded plans, state employee and teacher’s retirement systems so contentious in a Louisville divorce? Retirement accounts are quite often the second largest asset(s) of a couple outside …

What Happens to My 401k and Retirement Plan in Our Louisville Divorce

What Will Happen With My 401k and Retirement Plan in Our Louisville Divorce?

What will happen with my 401k and retirement plan in our Louisville divorce? Retirement and pensions is often something a client hasn’t even thought about when we bring up the subject of property division. “You mean (she/he) gets HALF of my retirement?” Money, especially money associated with retirement, deeply concerns most of our clients. In many cases, especially when the …

When Seniors Get a Divorce in Louisville - Gray Divorce - Family Law

When Seniors Get a Divorce in Louisville

Are you approaching or entering retirement and considering the end of your marriage? You’re not alone. Gray divorce rates (when the parties are above the age of 50) have substantially increased over the past decade. What are some of the most important issues when seniors get a divorce in Louisville? Divorce has nearly doubled for those over the age of …