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It is no secret that a divorce takes up so much time, energy and money from divorcing spouses. It is most especially daunting when the process reaches the property division aspect. This is because the court will have to consider multiple factors when equitably...
Decisions that will make a difference to you financially will be front and center during the property division phase of your divorce. From retirement accounts to health insurance, here are issues you should prepare to resolve during property division. Keeping your...
If you are facing divorce, the thought of the property division phase of the proceedings may leave you feeling overwhelmed. Good preparation can ease the pressure. Here are five tips that will serve to reduce stress and help you navigate property division with greater...
People who are going through a divorce know that they’ll have to divide their assets. One of these is the retirement accounts that they’ve amassed during their marriage. In some cases, this is one of the biggest assets that they have to handle during the divorce. ...
During a divorce, spouses are supposed to reveal all of their assets and debts for the purpose of property division. Signs that a spouse in Kentucky may be attempting to hide assets could include taking money out of a shared account, showing a sudden interest in...
A study released in June may seem to seem suggest that women in Kentucky who get a divorce should try to get the marital home, but experts say property division and maintaining financial security is more complicated than that. Some past studies have shown that women...
When Kentucky couples who have been married for decades decide to get divorced at an older age, certain complications may arise. In many cases, older couples who are going through a “gray divorce,” or a separation that occurs when the individuals are over...
Property division negotiations between Kentucky couples who are getting a divorce may hold some financial pitfalls. For example, a couple may decide that one will take a 401(k) while the other will take a brokerage or checking account that has the same value. However,...
For many Kentucky residents going through a divorce, dealing with the family home is one of the top priorities. Some want to retain ownership of the home while others want their fair share so that they can purchase a new home as soon as the divorce is finalized. While...
More Kentucky couples might be divorcing when they are 50 and older compared to previous generations. Since 1990, the divorce rate for people 50 and older has doubled. For people 65 and older, it has tripled. This can cause serious problems for people’s retirements....
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