When contemplating issues regarding the end of a marriage don’t overlook retirement in your Louisville divorce. Retirement accounts and pensions are often one of the largest assets involved in the process of a divorce. The division of retirement accounts is often completely overlooked, especially by those who attempt to work through a divorce on their...
How Much of My Retirement Will I Lose in My Louisville Divorce
We are often asked “how much of my retirement will I lose in my Louisville divorce?” There are multiple forms of retirement assets which must be addressed during the process of a Louisville divorce. Retirement assets can be as straight forward as a 401(k) through work, or sophisticated retirement and pension systems such as the...
The Division of Debt is an Important Part of Marital Property Division
Many people approaching a divorce may not realize the division of debt is an important part of marital property division. They may be focused on specific things they want to keep, possession of the family home, protection of retirement accounts or retaining ownership of a business or professional practice. It is quite natural to focus...
FERS and CERS in a Louisville Divorce
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...