Kentucky family law provides provisions for dividing marital property equitably in a Louisville divorce. However, what constitutes “marital” property and how can you ensure that not only are all assets fully disclosed but accurately valued? The “marital unit” is generally established by the marriage and lasts until the “date of separation.” Any debt or asset...
What Can I Keep as Separate Property in a Louisville Divorce?
Are you searching for information about what you can keep as separate property in a Louisville divorce? What is the difference between the characterization of “marital property” and that which a spouse may keep apart from property division as “separate property” in the divorce? Any asset or debt acquired or obtained before the marriage or...
Why Do You Need an Attorney When There is a Business in a Louisville Divorce
Why do you need an attorney when there is a business in a Louisville divorce? Do you or your soon-to-be former spouse own a small company or have business interests or a professional practice? Did you know that the valuation and division of the marital property interest in a business asset is one of the...
All Property in a Divorce is Not Marital Property
When it comes to a Louisville divorce many people are surprised to learn that all property in a divorce is not marital property. Marital property is basically established as any asset or debt attained by either or both parties from the date of the marriage until the date of separation with a few exceptions. While...