What is the difference between marital property or separate property in your divorce? Why is the "date of separation" such an important issue in your Jefferson County or Louisville divorce? When a couple divorces in Louisville, their assets and debts (or liabilities) must be carefully accounted and appropriately divided. The property, assets, retirement accounts and...
Keep separate property separate from marital property during a Louisville divorce
What is "separate property" in a Louisville divorce and how can you ensure to keep separate property separate from marital property during a Louisville divorce? The way you manage your separate property and conduct your affairs immediately leading up to and during the course of your divorce can make a difference in how much of...
How Are Your Home Assets and Debts Divided in a Louisville Divorce?
How are your home assets and debts divided in a Louisville divorce? The legal term for these issues is "marital property." Marital property is to be divided equally between the parties. While this may sound easy and straight forward, the reality is completely different in many Louisville divorce cases. Marital property encompasses any asset or...
Characterization and Division of Marital Property in a Divorce
Who is going to get the house in your Louisville divorce? What about the living room furniture or the vacation home you have out-of-state? The characterization and division of marital property in a divorce is one of the primary issues associated with the completion of any divorce. What is marital property? Marital property in Kentucky...