The thought of splitting up your hard-earned wealth during a divorce is tough enough, but what about those assets you've acquired abroad? If you're facing a divorce in Kentucky and own property or investments outside the U.S., you might be wondering how the courts...
High-asset Divorce
Are you overlooking the intangibles in your KY divorce?
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...
The role of forensic accountants in high-asset divorce cases
When wealth accumulation and marriage intertwine, the dissolution of the union can lead to a web of financial intricacies. Thus, high-asset divorce cases have unique challenges that need specialized expertise. One such expert is a forensic accountant, who can be...
4 factors that can further complicate high-asset divorces
With significant assets and properties at stake, a high-asset divorce is already complex as it is. Nevertheless, certain circumstances can further complicate a high net worth divorce, which includes, but is not limited to, the following: 1. Assets in complex...
What makes high-asset divorces so complicated?
Breakups are hard and can take a toll on you emotionally and financially. While an average and amicable divorce can be complicated enough, having to go through the process with millions of dollars’ worth of assets on the line makes the situation that much more...
What to know about offsetting assets in divorce
Offsetting assets is common when dividing marital properties in a divorce. In many cases, it allows for an easier distribution during the property division process, whether in court or private settlement. Nonetheless, this approach still has some complexities that...
Litigation vs. mediation: Which one is better for high-asset divorces?
With the availability of various divorce methods today, separating parties thoroughly contemplate which approach to take. Reasonably, divorce parties with multiple high-value assets put extra thought into which approach would best protect their property rights. Which...
3 kinds of assets that may require professional valuation
The more assets that people share, the harder it can be for them to prepare for divorce. With the exception of those who already have a written agreement about sharing property in a divorce, many couples find the property division process to be a major challenge....
3 mistakes you should avoid in a high-asset divorce
Divorce is never easy, and the complexity and stakes can be even higher when high-value assets are involved. The process of separating assets and property can become contentious, leading to emotional stress and financial implications. To navigate this challenging...
Lisa L. Johnson named a Super Lawyer for the second year in a row
There are almost 20,000 licensed attorneys just in the state of Kentucky. Individuals who require legal services often have a hard time determining what lawyers to hire. Outside authorities can sometimes help provide guidance when making a crucial decision, such as...