A business isn't the only asset for valuation in a Louisville divorce. Some of the most contentious valuation issues might surround a business or professional practice. However, many other types of assets present genuine challenges when working to establish an accurate valuation in a Louisville divorce. What is valuation, and why is this an essential...
How Will a Louisville Divorce Affect a Small Business Owner
How will a Louisville divorce affect a small business owner? A recent Small Business Association (SBA) study showed there are more than 350,000 small businesses across the Commonwealth, representing more than 95% of corporate entities and companies. How is a business interest managed when an owner's marriage is headed for a divorce? Business owners and...
How to Analyze Assets and Debts in a Louisville Divorce
Have you been wondering how to analyze assets and debts in a Louisville divorce? What is “Marital property” and what is “separate property?” When is property both, or "commingled?" Generally speaking, marital property is considered to be any debt or asset acquired by either or both of the spouses from the date the date they...
Does Commingling Make Non-Marital Property Become Marital Property
Does commingling make non-marital property become marital property in a Louisville divorce? Property division is one of the areas within a divorce where our clients often have significant concerns. Perhaps, except for child custody and parenting time, the division of marital property may be of the highest concern to many of our clients. How is...