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Alimony tax law changes only a few months away

November 7, 2018 in Alimony

Though changes to tax laws regarding spousal support were announced months ago, many Kentucky residents may be seriously worrying about how it will affect them. The changes to alimony tax obligations will take effect in 2019, which is only a few short months away. While some parties who have already started the divorce process may […]

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Divorcing parties may be considering alimony more closely

June 27, 2018 in Alimony

There are some people who may think that spousal support is outdated or unnecessary. However, alimony continues to be awarded in numerous divorce cases. Currently, individuals ordered to pay support can deduct the amount paid from their taxable income. After the end of the year, that will no longer be the case under federal tax […]

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Living together but unmarried? Here’s how to protect your assets

April 23, 2018 in Blog

It is common for couples to live together outside of marriage. Although this is a normal circumstance, what happens if you split up? Chances are your finances and assets are intermingled, and you may have concerns about safeguarding your finances and assets if you break up. Because you are not in a marital relationship, you […]

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4 tips for writing a cohabitation agreement

March 21, 2018 in Blog

More couples are living together before marriage. According to recent research, 70 percent of women between ages 30 and 34 cohabit with male partners. If you live and share property with your partner, you may want to legally protect your interests. The best way to protect your assets if the two of you break up […]

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Your employer is transferring you out of state: now what?

February 19, 2018 in Blog

Things have been going quite well since your divorce. You have residential custody of your children, and your former spouse is reasonably happy with the custody arrangement and his or her parenting time. Your children, too, seem to have adjusted well to their new family lifestyle. Now all of a sudden your employer tells you […]

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Is nesting realistic in your situation?

January 18, 2018 in Blog

In cases of divorce with minor children, nesting, also called bird-nesting, is one option that some higher-income parents consider. It is when the parents decide to keep the children in one home and rotate out. So, instead of the children going to a different home every week or every month, it is their parents who […]

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Do not overlook these 3 marital assets during divorce

December 22, 2017 in Blog

When you are going through a divorce, there are a lot of financial issues to worry about. You may be ready to fight tooth and nail for the family home, car or boat, but there are plenty of other valuable assets that you should not forget about. If you overlook some property or sources of money, […]

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Tax legislation may leave Kentucky residents with alimony concern

November 28, 2017 in Alimony

Throughout married life, many Kentucky residents may rely on the income of one spouse in order to pay for household and personal needs. As a result, when couples decide to divorce, one person could potentially end up facing a more difficult financial future. However, this is typically where alimony or spousal support payments come in […]

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How does a collaborative divorce work?

November 22, 2017 in Blog

Now that you and your spouse have made the decision to end your marriage, you face another difficult choice: Should you go to court to settle your issues, or is there another way? Fortunately for you and other Kentucky residents in the same boat, uncontested divorce is becoming a popular and effective option. Collaborative law […]

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