Many Kentucky couples make a plan to set aside money for “the golden years.” They put as much as they can into their employment retirement plans knowing that it helps them not touch it until they reach an age where they can take distributions without penalty. If the...
When going through a divorce, one of the most important issues that you have to deal with is the division of your marital assets. The way that marital assets are divided can profoundly affect the way that you are able to live your life after the divorce. Asset...
Most people have certain items that they hold an emotional attachment to. This could be a piece of furniture that you received as a wedding gift or jewelry that you bought to celebrate a key moment in your life. These items may not have a high market value, but to...
When going through a divorce, it is important to have a good understanding of how assets are divided in your state. This is because there are differences regarding how assets are divided depending on the state of your residence. In Kentucky, community property is not...
When spouses divorce, they need to go through the process of severing ties, both financially and emotionally. In today's world, we have become increasingly dependent on digital assets such as family photo albums, Instagram accounts, purchased music and video files and...
Divorce is never easy. It doesn't matter how challenging your marriage is or if you knew the divorce was imminent. It's a difficult experience to encounter in life. The situation can be made much worse if you think that your spouse is hiding assets from you. All...
When your marriage hits a rough patch you will likely do everything possible to fix the underlying issue. But, what if the problem cannot be resolved? This happens all too often to couples all throughout Kentucky. Marriages just simply don't work out for one reason or...
Owning a home while going through a divorce can be detrimental to your situation, especially your taxes. Many couples will keep the marital home even after the divorce has been finalized, with one of the spouses living in it with the children. Others will sell the...
Property division is an important part of divorce in Kentucky. It can also be a very challenging and stressful part of the process, especially if you and your spouse are nowhere near on the same page. One asset that is not considered marital property when going...
Going through a divorce is never easy. Even if you knew it was coming you still might struggle with the idea of ending the marriage. Either way, you need to be prepared for all that comes with getting a divorce in Elizabethtown. One way to prepare for divorce is to...
