Are you searching for information regarding FERS and CERS in a Louisville divorce? Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CERS) coverage applies to more than 3% of the workforce here in Kentucky and across the nation. Most retirement plans fall under the Employee Retirement Income Security Act of 1974, more commonly known as ERISA. Retirement …
Kentucky TRS Retirement Assets and Social Security in a Louisville Divorce
What are the best strategies for managing Kentucky TRS retirement assets and Social Security in a Louisville divorce? How will the Kentucky TRS retirement for Kentucky teachers be handled in a Louisville divorce case? The division of Kentucky TRS or KTRS retirement assets in a Louisville divorce case, as well as other public retirement vehicles such as KPPA, Police Officer …
How Our Divorce and family law attorneys Matter in Your Divorce
How would working with our experienced divorce and family law attorneys matter in your divorce? Are you considering or preparing for a divorce in Louisville? Does your divorce involve children? Do you and/or your spouse have a business or professional practice? Retirement accounts or pensions? Are you divorcing a spouse with a personality disorder such as Narcissism? How would working …
Are You Tired of Trying to Complete a Divorce on Your Own in Louisville
Are you tired of trying to complete a divorce on your own in Louisville? Have you already invested hours and hours of your own time, taken time off of work and struggled with the motions and paperwork associated with your case? Did you think an issue such as maintenance or child custody and visitation was resolved only to appear before …
How will a Louisville Divorce Affect Retirement and Pension Plans
How will a Louisville divorce affect Retirement and pension plans? What do you need to know about these often large assets as you consider and work through a divorce? Generally speaking, retirement and pension plans which are started or contributed to between the date of your marriage and the date of separation will be considered to be marital property in …
How Can A Financial Advisor Help with a Louisville Divorce
Louisville residents with substantial assets or a business who are considering a divorce need the proven advice and counsel of the divorce and family law attorneys at Dodd & Dodd. However, when there is substantial equity in a home, retirement accounts, investments or a business or professional practice you may want to consider a financial advisor as well. How can …
Why You Shouldn’t File a Louisville Divorce On Your Own
What are some of the many reasons you shouldn’t file a Louisville divorce on your own? Over 80% of the divorces in Kentucky are filed by one of the parties without the representation of a lawyer. Did you know that most of these divorces take well over a year to complete and in more than half of the cases each …
Funding Your Retirement During a Louisville Divorce
What are the options to ensure funding your retirement during a Louisville divorce? Gray divorce (where the parties are over the age of 50) has become much more common over the past decade. One of the most common challenges which must be considered in a gray divorce is how to provide adequate retirement for each spouse. In many of these …
Income Earned During Your Marriage is Usually Marital Property
What are some of the implications of divorce when it comes to your finances? From an earnings perspective, income earned during your marriage is usually marital property unless you have a prenuptial or postnuptial agreement which states otherwise. Anything which was purchased, earned, contributed to or signed for from the date of the marriage until the date of separation will …
Dividing Retirement in a Louisville Divorce
How are retirement accounts, pension and social security handled in a Louisville Divorce? Dividing retirement in a Louisville divorce begins with the requirement for all retirement accounts such as 401k or pension plans to be divided based upon marital property laws. However, social security is considered “separate” property in a Louisville or Jefferson County divorce and cannot be divided in …