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February 2019 Archives

How to set up a business so that it is protected in a divorce

Business owners in Kentucky should pay a spouse who works for the company market rates and should avoid using marital funds to pay for any business-related expenses. Failing to do either of these can result in a spouse being able to claim a larger share of the business if the couple gets a divorce.

Divorcing in 2019? Know these new tax laws

While divorcing at any time impacts the manner in which you must file your taxes, those who divorce in 2019 or after face additional tax considerations as a result of recent law changes. Some of the new tax laws that recently took effect can have a substantial impact on how much you pay and how much you can expect to get back when you file. Therefore, the more you understand about the new tax laws and how they may you affect you after you divorce, the less likely you are to get an unpleasant surprise, come tax time.

Prenuptial tips for a second marriage

Prenuptial agreements are often a topic of discussion for Kentucky newlyweds. Dealing with the merging of property can be difficult for people getting married for the first time. However, property issues are typically far more complicated for partners getting married for a second time later in life. Adults in their 50s and 60s usually have far more property to deal with than couples getting married in their early 20s.

Is speeding always speeding?

It is usually not enjoyable to get pulled over on a Kentucky road and get a speeding ticket. All forms of speeding are not the same. Throughout the United States, there are three variants of speed limits. There is the basic speed limit, an absolute speed limit and a presumed speed limit. If a person is pulled over for speeding and issued a ticket, he or she has the best chance of making a defense if he or she is aware of, in advance, the type of speeding citation he or she received.

Lack of commitment is the most common reason for divorce

While marriage survival rates may be doing better among some age groups, divorce is still quite prevalent. There are many factors that may lead a Kentucky couple to separate. However, there are a few reasons that are most frequently cited. A long-term study that followed 52 spouses who engaged in premarital counseling revealed that there are often several factors underlying any divorce.