A common concern among business owners is how the business itself will be handled in a divorce. You may wonder "Will I have to sell my business because of our divorce?" Business valuation and the division of the marital property interest in a Louisville area divorce case are very complex legal issues. The business, tax...
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Fraud in a Jefferson County Divorce Case
What should you do if you suspect fraud in a Jefferson County divorce case? When a couple file for a divorce the court issues a variety of orders. The former spouses owe a "fiduciary duty" to one another to provide a full, transparent and accurate accounting of all assets, bank and investment accounts, retirement accounts,...
How Legally Binding is a Settlement Agreement?
How legally binding is a settlement agreement in a Jefferson County divorce? In Kentucky and here in Louisville a settlement agreement is considered to be a binding legal contract. During the process of a divorce, the parties often participate in a settlement conference, and many parties elect to pursue structured negotiations or mediation. When agreement...
Important Financial Issues to Consider Before Filing a Divorce
What are the important financial issues to consider before filing a divorce? In Kentucky and around the country, there is commonly an uptick in the number of divorce filings after the New Year. Many people choose to file for divorce at the beginning of the year so they can start their lives afresh. New divorce...