IRS overhaul throws divorce calculations into turmoil BY KATE ROCKWOOD - original article here In the often messy financial negotiations that are part of divorce, one rule has always been clear across state lines for 75 years: Alimony was deductible for the payer, and the recipient paid income tax on it. Now, President Donald Trump’s [...]
You may not realize it, but a Lasting Power of Attorney is probably as important a document as a Will. What's a Lasting Power of Attorney? A Durable Power of Attorney is a legal document that authorizes one person to act on behalf of another person in financial and legal matters. It is called “Durable” [...]
If you are recently divorced with children, here is a review of the Kentucky Court guidelines for time sharing as the 2018 school year comes to an end. The full document can be found HERE. The following schedules are suggested as guidelines for the parents and the court establishing time-sharing/visitation schedules. Each case will present [...]
I get a lot of people that ask me to review legal documents that they have purchased online or borrowed from a friend. I almost always find areas for improvement or subject matter that is just plain wrong. I came across this article on Entrepreneur.com an had to share it. By Autumn Gentry and Keith Dennen [...]
When people get married, they always hope for 'happily ever after,' the sad fact is that 52 percent of all first marriages and 70 percent of second and third marriages end in divorce. Divorce is difficult for everybody involved. When one or both spouses own a business, the process can be that much worse. Your [...]
By Lisa Helfend Meyer The original posting can be found on the Huffington Post website here. Make no mistake about it, divorce is hard. Even if you and your spouse expect to have an amicable dissolution, the emotional and financial challenges that come with divorce can make it one of the most difficult things you’ll [...]
There are over 2.1 billion smart phone users. There are over 2.2 billion Facebook users. It's not hard to imagine the number of people snapping pictures of their kids, games, dates, family, pets, or other personal information on social media. People considering divorce should use caution. In a divorce case social media can provide evidence that [...]
I recently read an article on Lex18.com about a woman that was trying to divorce her incarcerated husband but was being forced by the courts to pay for his attorney. As it turns out, the husband received a 10 year sentence for beating her and firing a gun at her. Since he is in prison, [...]
Did you know that Prenuptial Agreements were not enforced in Kentucky prior to 1990? The courts maintained that Prenuptial Agreements promoted divorce. Thankfully times have changed and prenuptial agreements are very common in today's marriages. Once thought of as the "get out of jail free cards" of the married world, these commonplace agreements are used [...]
While some private adoption agencies charge for the approval process, training and evaluation, the states social services foster and adoption services are free. In some cases, a fee may be required for a physical evaluation. Regardless of agency, according to adopt.ky.gov, In Kentucky, "there are 8,084 children in out of home care with an average [...]
