Prenuptial agreements are a valuable legal tool for protecting assets, intellectual property and existing financial interests prior to entering into a marriage. This is especially true for people who own their own business or are part of a professional practice. Prenuptial agreements have gotten a bad reputation over the years. TV, movies and other dramas...
What is Discovery in a Louisville Divorce?
What is discovery in a Louisville divorce? Discovery is a legal term of art which simply refers to the sharing of information between the two parties in a Louisville divorce. Kentucky family law requires full, accurate and transparent disclosures between the parties. The former spouses owe each other a fiduciary duty to continue to act...
Do you have Quasi-Marital Property in Your Louisville Divorce?
Do you have quasi-marital property in your Louisville divorce? What is the nature of marital property versus separate property and when could an asset or liability be considered quasi-marital property in your Louisville divorce? Here in Kentucky, the marital property of a couple must be equally divided during a divorce. Marital property includes all assets...
How Long Will I Have to Pay Maintenance after a Louisville Divorce?
We are often asked 'how long will I have to pay maintenance after a Louisville divorce?' Is this going to last months? Years? Do I have to pay maintenance until they pass away or remarry? These are all valid questions. Let’s begin with the question “why is maintenance awarded?” Under Kentucky law, maintenance is provided...