Blog Posts in February, 2016

Child custody case between former lesbian couple moves forward

Many same-sex couples in Kentucky are parents, whether through adoption, in vitro fertilization, surrogacy or other means. Unfortunately, just like heterosexual marriages, not all same-sex relationships last forever, and some find themselves in the position where they have to separate or divorce. When this happens, child custody decisions will need to be made. However, as one recent case ...

Common Mistakes Made During High Asset Divorce

There is a lot at stake in a high asset divorce . As some couples in Kentucky may find, issues involving property division and spousal support become more complex for couples with a high net worth. After all, complex assets such as businesses, real estate, stock portfolios and others need to be divided, and an appropriate amount of spousal support needs to be negotiated. This can be a complicated ...

When is spousal support considered taxable income?

As residents of Kentucky may already know, those who receive alimony payments -- also referred to as spousal support -- must report them as income for tax purposes while those who pay alimony may be able to deduct such payments from their income. With tax season just around the corner, it is important for individuals to understand this, especially if they have recently divorced. The Internal ...