The longer your marriage lasted and the more property you share with your spouse, the more complex your divorce will be. Finding a way to divide four decades' worth of income and property won't be easy, and your financial responsibilities can make that process even...
Property Division
Handling your child’s horse in divorce
If there is one thing that Lexington is known for, it’s horses. You and your spouse got your child a horse to join equestrian clubs early in life, and you have invested significant time and money into the pet and the activities your child does. It makes total sense...
Will dissipation affect property division in your divorce?
In complex and high-asset Kentucky divorces, the spouses often have a lot of questions about what will happen to their property. For example, they may not understand what equitable distribution rules will mean for dividing their property with their spouse and whether...
Where should you look for hidden assets in a divorce?
If you have read about the government's attempts to seize a Russian oligarch’s assets, you will know that there are many ways to hide money and property. If you are about to divorce, you might find your spouse is hiding assets from you. Even if you are talking about...
Can your ex demand part of your pension when you divorce?
Former spouses often become quite aggressive toward one another when they divorce. One spouse may try to get as much property as they can from the other or to cut them off from time with the children. Maybe your ex has claimed that they want to take your pension...
Can you and your ex remain amicable post-divorce?
Realizing that a relationship is no longer working can be tough on all parties. After exploring all possibilities, divorce may be your only feasible option. While this process can be challenging, there are ways to get through it and keep conflict to a minimum. But...
Hiding assets in a divorce is illegal
A lot is at stake in a high asset divorce, which is why one of the parties may be tempted to hide some assets. If your ex-spouse is not disclosing all their assets, you may not get what you deserve out when it comes time to divide up the marital pot. Given that your...
Is your pet really just a standard asset during divorce?
You and your spouse love your pets. They’re a part of the family. In fact, you could even say you treat them like your own children. Getting attached to your pet isn’t unusual. People love their dogs and cats so much that there are well-noted divorce cases involving...
How is debt divided following a divorce?
Property division is usually at the heart of most divorce cases. However, dividing debt is equally important if you are going through a divorce. Debts can impact your financial security and quality of life years, which is why it is necessary to be on top of such...
How can a QDRO help with your divorce and retirement?
Worrying about retirement is common for anybody who finds themselves contemplating a late-in-life divorce. You do not want to feel trapped in your marriage just because you think you can't afford to retire. Your biggest issue may come from the fact that the only...