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....
High-asset Divorce
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...
How can divorce improve your life?
People often focus on the negative aspects of divorce, but it can also be very important to focus on the positives. Many people choose to get a divorce because they directly believe it is going to improve their life in some way. Everyone has a right to the pursuit of...
The dissipation of assets prior to divorce
One of the major financial issues that can come up during a high-asset divorce is when one of the spouses tries to hide those assets from the other. The court requires that both people give a full disclosure of the assets that they own jointly, so hiding these assets...
How money can lead to a divorce
One of the most common things people will mention when talking about why they’re getting divorced is that they have issues surrounding money. These can be very different from one relationship to the next. For example, one person could be concerned that their spouse is...
Who gets the vacation home in a divorce?
Divorces are often messy and emotional, and the divorcing couple may not be able to make fair and equal decisions together. Disputes pertaining to property division in a divorce are bound to arise, especially when both parties want to keep their vacation home. ...
Sickness and disease can lead to divorce
If you're facing a serious medical diagnosis, you're likely very worried about your future. The doctors may be confident that they can give you life-saving treatment, but it's going to be expensive and it's going to take a long time. This is not an easy path to take....
A common property division error that hurts divorcing homeowners
Buying a home with your spouse can be a smart investment. You can spend some of your paycheck paying a mortgage instead of paying rent. You typically have more privacy, and you have more control over what you do with the property that you own. Of course, owning a home...
Is your home any different from other assets in a divorce?
When dividing your property in your divorce, one item of particular interest is the family home. For many couples, this becomes a key item to win or lose. Yet, this is not the best way to view things. Instead of treating your marital assets as individual items, it...