Commingling marital and separate property complicates many Louisville divorce cases. Kentucky residents who are contemplating divorce may wonder what happens to gifts or inheritances which were given to one partner during the marriage. That often depends on whether or not the gift was commingled with marital funds. In the absence of a prenuptial agreement which...
Pet Custody in a Divorce in Louisville
What are the laws in Kentucky about pet custody in a divorce in Louisville? Pets across most States in the United States, including Kentucky, are considered to be “property.” As such, property was to be divided equally between the parties. Since pets are legally property the decision of who got the beloved dog, cat or...
The Basics of a Business Valuation in a Louisville Divorce
What are the basics of a business valuation in a Louisville divorce? Why is valuation one of the most central issues in a divorce which involves a business interest or professional practice? If the business or professional practice interest was obtained prior to the marriage and a valid prenuptial agreement excludes the asset, and/or no...
If We Share Custody 50/50 Will I Have to Pay Child Support?
We are often asked “If we share custody 50/50 will I have to pay child support?” This is a valid question, especially when one considers the fact that it is quite common for parents to share custody and parenting time quite evenly. Our Family Courts generally prefer this type of arrangement whenever possible. It is...