Blog Posts in July, 2014

Why high-profile couples in Kentucky create a prenup

Divorce nowadays just seems to loom around the corner in the life of a married couple in Jefferson, Kentucky, and everywhere in the U.S. Given that most statistics show that a marriage has only a 50 percent chance of long-term success, taking precautions in the form of a prenuptial agreement may be smart, especially for high-profile couples and celebrities. When it comes to the rich and the ...

A look at retirement accounts and divorce in Kentucky

Every financial decision made when going through divorce in Kentucky is important because these decisions can impact a spouse's lifestyle, expenses and financial stability. A spouse should think things through and ensure that each decision will not have legal consequences. A divorcing spouse usually claims a share of different marital assets, such as marital homes, businesses, automobiles and bank ...

Actor has huge monthly alimony obligation to estranged wife

Many residents of Jefferson, Kentucky, know that courts do not always approve alimony in divorce cases. Most of the time, the court grants alimony only if a divorce has a great economic impact on one spouse. Spouses who have been out of the workforce for a long time and chose to stay at home to take care of the children are usually awarded with spousal support. However, if a spouse has a ...

Financial protection in the middle of a divorce

While all divorces in the United States, including those in Kentucky, lead to a breakdown of the family structure, many also have grave repercussions for a person's finances. In cases in which only one of the spouses was the breadwinner, financial matters relating to property division and alimony become complicated. This has led many people to consider prenuptial agreements before they get ...