What is the reason for business profitability valuation during a Louisville divorce? How will a valuation work to establish the true value of a business interest or professional practice in a divorce? The primary purpose for business profitability valuation during a Louisville divorce is to establish the genuine amount of money a business interest generates...
What is a Contested Divorce in Louisville?
What is a contested divorce in Louisville? A contested divorce is the result of any area of disagreement between the spouses relating to the divorce. The disagreement may be the result of a dispute regarding some facts associated with the case such as the value of a business or professional practice, or questions regarding the...
Division of Retirement Accounts in a Louisville Divorce
The beginning of a new year often leads to financial planning, new goals as well as considerations of major life changes. January is one of the highest months for divorce filings in Louisville. One of the most common issues is the division of retirement accounts in a Louisville divorce. Pensions, 401(k)s, and other retirement accounts...
If We are Sharing Custody and Parenting Time will there be Any Child Support in our Louisville Divorce?
When co-parents are sharing custody and parenting time will there be any child support between the parties in a Louisville divorce? The answer to this question is actually legally and financially quite complex. Child support is the responsibility of any parent here in Kentucky. Each parent is separately liable for the provision of food, clothing,...