Who gets the home in a Louisville Divorce? We are often asked this question, however there is no simple answer to the ultimate disposition of your home at the outset of a divorce. The family home represents many things to both parties in a divorce. There are many components: financial, emotional, impact on the children,...
How is a Beloved Pet Handled in a Louisville Divorce
While child custody and parenting time may the most contentious issues in many divorce cases, how is a beloved pet handled in a Louisville divorce can be quite a complex question as well. This is especially true for couples without children, gray divorces or when the family pet is a centerpiece of family life. It...
How Will an KTRS Retirement Account Be Divided in a Louisville Divorce
How will a KTRS retirement account be divided in a Louisville divorce? Teachers have a unique retirement plan here in Kentucky known as the Teachers Retirement System or KTRS. What happens when one (or both) of the spouses is a teacher during a divorce? Generally speaking, retirement accounts which were established or contributed to during...
Valuation of Your Business During a Louisville Divorce
The valuation of your business during a Louisville divorce can be a challenge. How do you establish the marital property portion of the valuation of a company or professional practice during a contested divorce? There are many ways to position the present value of a business, and as a result, a spouse's marital interest in...