How are assets divided in a divorce?
Divorce can be a complex and emotional process, and dividing assets is one of the most challenging aspects. In Kentucky, there are two main ways assets can be divided in a divorce: equitable distribution and community property. Equitable distribution Equitable distribution is the default method of dividing property in a divorce. This means that assets […]
Tips for Talking to Kids About Divorce
Although it is a difficult discussion to have, talking to your children about the divorce is unavoidable. Depending on their age, they need to know the details of what is going on. Be sure to explain things in a way that is appropriate for their age group. One should be mindful and considerate when discussing […]
Tips for Talking to Your Kids About Divorce
Divorce can be a difficult and emotional time for children and their parents. To ensure that children understand the intricacies of divorce, it is essential that parents approach the subject as openly and honestly as possible. By having an honest and respectful discussion about why their family is changing, parents can help their children understand […]
Debts during divorce
Dividing marital debt can often be a complex and contentious part of any divorce. Fortunately, there are several arrangements that could be considered to reach an agreement between both parties. The agreements can go from splitting the debt in half to assigning specific debts to each individual. Several solutions are available, so couples facing this […]