How do you handle a family business during a divorce? Can you keep the business running while ownership and associated property division issues are resolved? Kentucky business owners who get divorced could face crucial issues regarding the viability and division of a family owned company or business. This is why it is so important to...
Keep the Family Home After a Divorce
We are often asked about strategies to keep the family home after a divorce and how this process might work. Some want to retain ownership of the home so that they can continue to live in it. Others want their share of the equitable distribution as quickly as possible so that they can buy a...
Property Distribution in a Louisville Divorce isn’t Just Dividing All Assets in Half
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...
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...