Are debts and property treated equally in a Louisville divorce? How will your personal property, vehicles, real property, investments, retirement accounts and pets be divided during the division of marital property? The first concept to understand is the difference between “marital” property and “separate” property. Marital property is generally defined as any asset or debt...
Why Do I Have to Wait 60 days to Get a Divorce in Louisville
Why do I have to wait 60 days to get a divorce in Kentucky? What is the "waiting period" and why is it required in a divorce case under Kentucky law? The family law courts in the State of Kentucky are quite busy, especially when you consider the impact of the COVID-19 pandemic upon our...
Three Continuing Impacts of COVID-19 on Family Law in Louisville
There are three primary continuing impacts of COVID-19 on Family Law in Louisville: child custody and parenting time, the decision to divorce as well as issues of support. Perhaps one of the greatest challenges of COVID-19 has been the impact on existing child custody and parenting time agreements and orders. The demands of closed schools,...
What is a QDRO?
What is a QDRO in context of a Louisville divorce? How are retirement plans and accounts managed in a Louisville divorce? A Qualified Domestic Relations Order (QDRO) is a legal order which tells the administrator of a retirement vehicle to divide the plan or account, as well as how to do so. Retirement plans such...