If you are getting a divorce, you may already know that you have several tasks ahead of you that must be dealt with before your settlement becomes final. One of the largest and challenging assets to deal with when it comes to property division is the marital home....
Property Division
Make property division easier with a prenuptial agreement
Kentucky residents get married for love, but that does not mean that a certain business element does not exist. A marriage is a legal partnership of sorts, and as such, it may be a good idea to put a contract into place. This contract, or prenuptial agreement,...
Property division has tax implications
Getting a divorce in Kentucky can naturally be an emotionally and financially arduous process. This is true even for couples who may not necessarily have many assets that have to undergo property division. An aspect of divorce that is especially overlooked among...
Recent ruling changes property division for attorneys in divorce
Divorce involves a number of financial decisions from both of the parties involved. The only issue that may consume more time than property division is child custody. In some instances, the decisions made by a trial court end up being appealed all the way to the...
Property division of commingled assets can be a complex process
When a Kentucky resident enters into marriage with already accumulated assets, he or she may be smart to protect those assets from the start. The only way to ensure that an asset such as a house does not form part of the property division process in the unfortunate...
Use a prenup to protect an inheritance in property division
When Kentucky couples consider marriages, many of them might hesitate to discuss prenuptial agreements and thereby cause contention. Conversations about marital contracts have always been difficult, but in particular circumstances, they are vital. An example is when...
Indemnity clause can enforce promises made in property division
Untying the knot in a Kentucky marriage can be a challenging affair. Matters of most concern typically include child-related issues and property division. Each spouse will want to make sure he or she receives a fair share of the marital assets. However, some do not...
Property division errors that can ruin post-divorce finances
When untying the knot of marriage in Kentucky, the emotions and many important decisions that must be made by each spouse can become overwhelming. Professionals who help individuals who are in the throes of a divorce with property division and other issues say there...
Prenuptial agreements can deal with more than property division
Reportedly, more and more couples nationwide are signing prenuptial agreements, including in Kentucky. However, many misconceptions exist about marriage agreements, the most common being that they are only used to protect spouses in property division situations...
Property division and a manipulating, business-owning spouse
When a Kentucky divorce involves one spouse who owns a business, the manner in which that person conducts business during that time becomes a matter of vital importance. It is not uncommon for spouses to manipulate finances to benefit themselves when it comes to...