Blog Posts in May, 2016

Celebrity divorce highlights importance of prenuptial agreements

While some celebrity marriages often end quickly in divorce, there are still important lessons that can be learned when a high-profile couple decides to divorce. Kentucky residents may have heard that actress Kaley Cuoco of the hit television show “The Big Bang Theory” has finalized her divorce from her ex, Ryan Sweeting, a former professional tennis player. The couple married in 2013 and broke up ...

How are real estate and equity treated in a divorce?

When a couple divorces, they must decide how their property will be divided. Often, one of the most contested pieces of property is real estate. However, before deciding which party will be awarded the real estate or the equity in it, it must be determined whether the equity in the real estate is marital property or non-marital property. In general, property obtained and the equity in the property ...

Is Your Soon-To-Be Ex Hiding Assets?

In most cases of divorce, the lives of all involved change dramatically when the process comes to a close. To make sure the next chapter of life starts off on a positive note, it is vital that a fair financial settlement is secured. This is particularly true for women who have stayed home with children or scaled back their own work responsibilities to support their husband in his career. What a ...