What happens when a business asset in a divorce is losing money? In a Louisville divorce all assets of the parties must be divided according to Kentucky’s marital property laws. This includes the ownership interests in a business or professional practice. Normally, the business would undergo an independent “valuation” to establish the value of the...
When is Maintenance an Issue in a Louisville Divorce
When is maintenance an issue in a Louisville divorce case? Not every case contains maintenance (also referred to as maintenance or alimony). What types of cases typically involve maintenance? In general terms, maintenance is ordered when one of the parties will be placed in a more challenging economic position than the other after the divorce. ...
Providing Support to Your Children Through a Divorce
What are some of the best strategies for providing support to your children through a divorce in Louisville or Central Kentucky? Many psychologists focus on helping a child to see the divorce as a change of circumstances and not the end of the world. This perspective combined with both parents remaining emotionally as well as...