Property distribution in a Louisville divorce isn't just dividing all assets in half and giving each former spouse their 50% share. Here in Kentucky, marital property is usually to be divided equally and equitably between the parties . However, this doesn't mean you sell every asset, pay off every debt and divide the remaining money...
Mediation Can Substantially Reduce the Cost of a Louisville Divorce
How can mediation substantially reduce the cost of a Louisville divorce? The majority of those who seek a divorce in Louisville are looking to keep costs down as much as possible. The fact that many local divorcing couples attempt to begin the divorce process without an attorney is evidence of this fact. So how do...
How are Social Security Benefits divided in a Louisville Divorce?
How are Social Security benefits divided in a Louisville divorce? If you or your spouse receive Social Security will a divorce affect your payments? The number of divorces in those above the age of 52 has substantially increased over the past few decades. Here in Kentucky most are committed to enjoying the outdoors lifestyle and...
Retirement Accounts in a Divorce Require Special Documents
Did you know retirement accounts in a divorce require special documents known as Qualified Domestic Relations Orders or QDROs? Can a DIY divorce truly manage the QDRO process? According to the State of Kentucky many couples begin the divorce process on their own. Here in Louisville our own Family Law Court reports most are not...