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...
How is Retirement Divided in Divorce When Only Part of the Years Served Were During the Marriage
How is retirement divided in divorce when only part of the years served were covered by the duration of the marriage? This is a question of "marital property" and "separate property" and a recent Appeals Court case sheds some light on this issue. For example, if the retirement in question was based upon 30 years...
Marital Property or Separate Property in Your Divorce?
What is the difference between marital property or separate property in your divorce? Why is the "date of separation" such an important issue in your Jefferson County or Louisville divorce? When a couple divorces in Louisville, their assets and debts (or liabilities) must be carefully accounted and appropriately divided. The property, assets, retirement accounts and...
Keep separate property separate from marital property during a Louisville divorce
What is "separate property" in a Louisville divorce and how can you ensure to keep separate property separate from marital property during a Louisville divorce? The way you manage your separate property and conduct your affairs immediately leading up to and during the course of your divorce can make a difference in how much of...