What is the role of a mediator in a Louisville divorce case? When should the parties consider mediation as part of the process of their divorce? Divorce is a complex process which affects every aspect of each former spouse’s life including finances, parenting and child-raising, business ownership, and even retirement. In order to complete the...
How Spending can Affect Your Louisville Divorce
It may surprise you to learn spending can affect your Louisville divorce. The Court understands obvious expenditures such as legal fees, living expenses and the costs of supporting your children. Each party will have to continue paying expenses related to food, housing, child care, education and transportation. Questions will arise when excessive spending occurs in...
How to Tell When a Spouse is Hiding Marital Assets
Is there a way to tell when a spouse is hiding marital assets? What are some of the most common strategies to hide or significantly under-report the value of assets associated with a Louisville divorce? Both parties are required by Kentucky Family Law to fully, accurately and transparently disclose all assets and debts (even if...
How is a Business Interest Divided in a Louisville Divorce?
How is a business interest divided in a Louisville divorce? The first question is simply "Is the business interest or any portion of it marital property?" Is the business shared by both spouses, or is it owned by one of the parties? What contributions have been made to the business by each spouse? How much...