Did you know that spouses owe each other a Fiduciary Duty during a Louisville divorce? What obligation do former spouses have to one another from a financial perspective until their divorce is finalized? If you are considering or going through a divorce in Jefferson County or Louisville it is important to understand the "fiduciary duty"...
What Happens When Divorcing Spouses Co-Own a Business in Louisville?
What happens when divorcing spouses co-own a business in Louisville? What happens to the business during marital property division? When the soon-to-be divorcing spouses co-own a business in Louisville they must give serious consideration to this important asset and how it will be handled during the course of the divorce. What is to become of...
Proof in a Louisville Divorce Case
I routinely get asked what happens when there is no proof in a Louisville divorce case. Legal dramas on television are often to blame for this one, because most people don't realize how often important events take place somewhere without security cameras. Does that mean it didn't happen? Does it mean it can't be proved? ...
The Fiduciary Duties of Former Spouses During a Divorce
What are the fiduciary duties of former spouses during a divorce in Jefferson County or Louisville? What is a fiduciary duty? Generally speaking, a fiduciary duty is the legal responsibility to act in the other's best interest. It requires the highest legal standard of "fair dealing" and "good faith." Each party will be held to...