Divorce can be a lengthy process, especially when you and your spouse disagree on how to divide your assets. Whether you and your spouse pursue a collaborative divorce or you need to go through litigation, you will very likely need to exchange some records to...
High Asset Divorce
Addressing valuable collections in high-asset divorce cases
The assortment of collectibles in your home means a great deal to you. As a high-income earner, you could afford such items without having to dicker on the prices. You also have invested a great amount of emotion. And, as you know, many of these collections such as...
How Can The Stock Market Affect Division?
The recent volatility surrounding the stock market has led many investors to reconsider their various stock portfolios. The advent of trading apps like Robinhood has allowed people to dabble in the stock market with few obstacles to their investments in stocks,...
Divorce over 50: Prepare to handle complex finances
In the last few decades, the number of couples over 50 choosing to divorce increased sharply. Many studies indicate that this increase is a result of the changing attitudes towards divorce, as well as the rise in women who are financially independent from their...
What happens to the couple’s business in divorce?
When couples open a family business together, it is often the realization of a long-term goal for both spouses. However, many married partners in business together worry that their dream – as well as the success of the business – could be put at risk if they decide to...
Hidden assets can complicate your divorce
When you began divorce proceedings, you likely hoped you would receive your fair share of marital assets. Yet, your spouse’s financial disclosure may not have mirrored your shared lifestyle. If significant assets are at stake during your divorce, they may have hidden...
Financial infidelity: An increasing issue over the years
Several studies have determined the most common causes of divorce, with some of those being constant arguing, lack of commitment and infidelity. When individuals hear the term “infidelity,” they usually think of an extramarital affair. However, that is not the only...
Options for business owners in a divorce
When people in Kentucky are going through a divorce and are also business owners, they will need to decide what to do about the business. This may involve asking a number of questions. For example, if the divorce is relatively amicable, they may prefer to simply...
Protecting credit during a divorce
The financial effects of divorce in Kentucky can linger long after other emotional and practical matters have been sorted out. While people may expect changes to their housing, retirement funds and other financial assets after a divorce, one thing that they may not...
What to do with a business in a divorce
The first step for Kentucky couples who need to divide their business in a divorce is to have it valuated. Once they know what the company is worth, they can decide whether they want to sell, keep or split the business. Selling may seem like an easy way to get rid of...