What is “valuation” and why is valuation so important in a Louisville divorce case? The issue of valuation is associated with marital property division and how the debts and assets of the parties are characterized and ultimately divided. We’ve covered the concepts of “marital property” and “separate property” extensively on this site, so this discussion...
What are the 3 Ways to End a Louisville Marriage
What are the 3 ways to end a Louisville marriage? If you are considering a divorce or contemplating the end of your marriage you need to understand the options available to you, the law as it applies to your unique circumstances as well as the best strategies to accomplish your goals and objectives. There are...
The Equity in Your Home Can Help Long After Your Louisville Divorce
It may surprise you to learn the equity in your home can help long after your Louisville divorce. Some of those who seek a divorce might be in a better long-term financial position if they kept the home as part of the property settlement. However, financial advisers often tell their clients to get rid of...
Financial Disclosures at the Outset of a Louisville Divorce
What do you need to know about the financial disclosures at the outset of a Louisville divorce? Both parties are required to submit Declarations of Disclosure which include a comprehensive, full, accurate reporting of income and expenses, a schedule of assets and debts. These disclosures are required of both parties regardless of who is or...