Why is it important to pre-plan to protect your business during a divorce? One of the most crucial areas of focus for business owners and licensed professionals considering a divorce is the nature of that asset (marital property, separate property or commingled), valuation and ultimately how any marital interest in the business will affect the...
The Unique Challenges of a Gray Divorce
While the rate of divorce has leveled off in the past several years for most age groups, the rate of divorce for those who are over the age of 50 continues to be higher than in previous decades. The term "gray divorce" has come to represent divorces involving spouses who are above the age of...
Develop a Plan for Your Divorce in Louisville
It is important to develop a plan for your divorce in Louisville or anywhere in the region. Effective divorce planning should begin with thoughtful reflection, prioritization and a series of strategies with the specific purpose of accomplishing your objectives and goals for the divorce. Divorce can be a very emotional process, especially at the outset. ...
The Valuation of a Business Interest in a Louisville Divorce
What is the process for establishing the valuation of a business interest in a Louisville divorce? How will the ownership of a business or Louisville area professional practice be handled in your divorce? The division of a valuable marital asset such as retirement accounts or business-related assets are both legally and financially complex. This is...