If you are going through a high-asset divorce in Kentucky, you are more likely dealing with more than just the family home and bank accounts. Intangible assets, though often overlooked, can play a significant role in your divorce settlement. These assets include...
Complex Property Division
How does property division work in a high-net-worth divorce?
Divorces involving high-net-worth individuals in Kentucky feature unique challenges, especially when it comes to dividing complex assets. Unlike more straightforward cases, these divorces generally require careful consideration of various financial instruments,...
What happens to your business in a KY divorce?
If the life you built with your spouse involves a business, asset division during your divorce becomes a much more challenging feat. This rings especially true in Kentucky, where the law divides marital assets fairly but not equally. Under this principle, your spouse...
Handling sentimental art property in a divorce
Divorce involves more than just ending a marriage. It is about untangling shared lives and treasures. In these situations, one of the most challenging aspects is property division. While courts can easily assess and split assets like bank accounts or real estate, art...
Why do spouses use cryptocurrency to hide assets?
Concealing assets has become sophisticated in recent years. Divorcing spouses have learned to use cryptocurrency to transform their cash into digital form. Cryptocurrency, such as Bitcoin and Ethereum, has a decentralized system independent of government and banking...
In a divorce, who keeps the ring?
An engagement ring or a wedding ring can be a very expensive purchase. Some people spend thousands or even tens of thousands of dollars on these meaningful tokens. Even a relatively inexpensive ring could still be hundreds of dollars. And even if there’s not a high...
Who gets the frozen embryos in a divorce?
Complex property division in divorces often involves multiple high-value properties, such as businesses and vacation homes. However, there are uncommon assets courts have to distribute every now and then, one of which is frozen embryos. Fertility preservation, such as...
Options for business owners during divorce
Family businesses are incredibly common in the United States, and many of these businesses are owned by married couples. In a lot of cases, these people had already gotten married and then decided to branch out and start a business together so that they could change...
3 ways your ex might manipulate property division proceedings
Couples planning to divorce will often find themselves arguing about what is fair and appropriate for the division of their shared property. The more assets you have and the more complex your holdings are, the greater the possibility that your ex may try to trick you...
Is your spouse hiding assets?
When divorcing, there are often hurt feelings, leading to conflict and the need to “get back” at one another. Unfortunately, these emotions can also lead your spouse to hide assets from you to keep them out of the property division process. Locating those assets may...