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...
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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,...
Should You Give Your Child a Choice in Parenting Time Scheduling?
Should you give your child a choice in parenting time scheduling? Will the Court listen to the child’s input when deciding a child custody and parenting time case as part of your divorce or post-decree modification? This is a complex question. Co-parents must carefully reflect on the individual personality and emotional make up of the...
Does Maintenance End if Your Former Spouse Remarries?
Does maintenance end if your former spouse remarries? Here in Louisville and across Kentucky maintenance is ordered to level the financial playing field between the parties during and after a divorce. Maintenance no longer provides the tax benefits it used to and is a substantial hit to any budget. Have you learned your former spouse...