Divorce is often a complex and difficult process, and property division is one of the most complicated and emotionally charged issues to address.
Property Division
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LOUISVILLE DIVORCE ATTORNEY SERVICES
Make Sure You Get What Is Rightfully Yours…
Many couples find that dividing assets and debts during a divorce can be a daunting and emotional task. With the help of an experienced divorce attorney, the process can be made easier and fairer for both parties involved.
Property division is a complex process and can often lead to disagreements and arguments between couples. It’s important to have a skilled attorney on your side who can help guide you through the process and ensure that you receive a fair share of the assets.
We take a collaborative approach to property division, which involves working closely with our clients to determine their goals and priorities.
Our attorneys will carefully review all assets and debts involved in the divorce, including real estate, retirement accounts, investments, and personal property, and create a plan for their distribution.
We work tirelessly to negotiate a settlement that is fair and equitable for our clients.
The Property Division Process
This process can be emotionally charged and stressful, especially when parties have a significant emotional attachment to certain property. As your attorney, I am here to help you navigate this process and work to ensure that your interests are protected.
Identify Divisible Assets
The first step in the property division process is identifying all of the assets and debts that are subject to division.
This can include real estate, vehicles, bank accounts, retirement accounts, and more.
Determine Asset Value
Valuing assets and debts can be a complex process and may require the assistance of experts, such as appraisers, accountants, or financial analysts.
Divide Assets
The third step is to determine how assets will be divided between you and your spouse.
In some cases, property may be divided equally between the parties. In other cases, the property may be divided in a manner that is fair and equitable, but not necessarily equal.
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Frequently Asked Questions
How long does it take to get a divorce in Kentucky?
In Kentucky, the minimum waiting period for a divorce is 60 days after the filing of the divorce petition. However, the process can take longer if the divorce is contested and requires additional court hearings and negotiations.
What are the residency requirements for getting a divorce in Kentucky?
To file for divorce in Kentucky, either spouse must have been a resident of the state for at least 180 days before filing. Additionally, the divorce should be filed in the county where either spouse resides or where the couple last lived together.
How is child custody decided in a divorce?
Child custody is determined by considering the best interests of the child, which may include factors such as the child’s age, health, and relationships with each parent.
How much child support will I have to pay?
Child support is calculated based on a variety of factors, including the income of each parent, the number of children, and the child’s needs.
How long does a divorce take?
The length of a divorce can vary depending on the complexity of the case and whether the parties can agree on the terms of the divorce. Some divorces can be completed in a few months, while others can take years.
Do I need a lawyer to get a divorce?
While it is possible to get a divorce without a lawyer, it is often recommended to hire a lawyer to ensure that your rights are protected and that the divorce process goes smoothly.
How much will a divorce cost?
The cost of a divorce can vary widely depending on the complexity of the case, the length of the proceedings, and the hourly rate of the attorney. Some divorces may cost only a few thousand dollars, while others can cost tens of thousands of dollars.
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