Are you concerned that your ex is not fully reporting income and assets on financial disclosures in your divorce? How might a former spouse hide money in a divorce in Louisville? Important Takeaways on How Might a Former Spouse Hide Money in a Divorce in Louisville? - Hiding income, money or assets during a divorce...
How Will Marital Property be Divided in a Louisville Divorce
How will marital property be divided in a Louisville divorce? Kentucky is a "marital property" state. The marital assets and debts of parties considering a divorce are therefore known as "marital property." Marital property is to be divided equitably between the spouses. This includes all acquisitions during the course of the marriage, all debts incurred...
What is Usually Marital Property in a Louisville Divorce
What is usually marital property in a Louisville divorce? Kentucky is known as a "Equitable Distribution" state in terms of how marital property is characterized and ultimately divided during a Jefferson County or Louisville divorce. In Kentucky, the spouses are entitled to the equitable division of all property you or your spouse obtained as well...
Dividing Marital Property Equitably in a Louisville Divorce
Kentucky family law provides provisions for dividing marital property equitably in a Louisville divorce. However, what constitutes “marital” property and how can you ensure that not only are all assets fully disclosed but accurately valued? The “marital unit” is generally established by the marriage and lasts until the “date of separation.” Any debt or asset...