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Posts tagged "Property Division"

Tighten spending or risk losing more in divorce

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 tighten your spending. If you continue to spend money on items that are not necessities, you could risk losing more in the divorce.

Dividing the artwork from your marriage in a divorce

No matter how long you've been married it's always difficult when your spouse says that it's time to file for divorce. Whether it's a total surprise or you knew it was coming, divorce is never an easy situation to handle. There's a lot of items that you need to divide, including money and collectibles. But, what if you have a lot of artwork? Let's explore how you can divide the artwork from your marriage in a Kentucky divorce.

Update all documents after divorce is finalized

If you are going through a divorce in Elizabethtown, you need to be prepared for the days after it is finalized. One of the most important things you must do when the divorce is finalized is to update all of your personal documents. You will need to take your former spouse's name off the documents and update your name if you changed your last name.

10 questions to ask when divorce forces you to sell your home

Your spouse asks for a divorce. Knowing you need to split up the value of the house, you decide to sell it. It just seems like the easiest solution. You know you'll make money, and dividing that money is simpler than trying to figure out who keeps the home, if the children get to stay in it, if you need to share it, how to move it into one name and all the rest.

What are the most contentious topics in divorce?

A divorce can become contentious for many reasons. Perhaps both parents want sole custody of the children. Perhaps one spouse does not want to get divorced at all. Or, maybe parents cannot agree on the true value of their home; one person wants to sell the house and the other wants to keep it. When people's expectations and desires do not line up, it can get complicated.

If you're surprised by a lack of money during divorce, be careful

During your marriage, you always felt like you and your spouse had plenty of money for everything you wanted. You were fairly hands-off with the finances, letting your spouse run things, but you never got the sense that money was tight. You never wanted for anything.

Things that could go wrong during an uncontested divorce

If you are headed for divorce in Kentucky, there are plenty of things you need to focus on as you prepare to meet with your spouse. You should never walk into a meeting with your spouse and their attorney unprepared. You need to know what it is exactly that you want out of the divorce. Let's take a look at the things that could go wrong during an uncontested divorce, which is one where both parties can mutually agree on the most important issues.

Tips for dividing the most difficult assets of a marriage

When the topic of divorce comes up in your marriage you will either be ready for it or completely taken by surprise. Whatever your situation, you need to begin to prepare for what's to come. This includes dividing the marital property. Here are some tips for dividing the most difficult assets of a marriage so you know what to expect.

Tips for dividing common assets in a divorce

Once you or your spouse has filed for divorce, it's time for both of you to begin preparing for the discussions to come. You will likely begin thinking about the way the assets you hold will be divided. The most common marital assets include the home, the 401(k), artwork, the car and the furniture in the home. Let's look at some tips for dividing these assets.

Transfer car title following a divorce

If you are going through a divorce in Kentucky, you need to know about a handful of issues that will affect you. One of those issues involves your vehicle. It's likely that each of you has a car. So, what happens to the cars when you get divorced? Do you each keep your car? Do you sell the cars and buy news ones once the divorce goes final? One thing is for sure: You need to transfer the title.