When a couple is drifting apart, there are usually a few telltale signs that something is amiss. These signs can be subtle at first, but if you pay attention, you may be able to identify them before the relationship deteriorates further. These signs can also indicate...
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Options for your home if you get a divorce
On Behalf of Burbank & Collins, P.S.C. | Mar 6, 2023 | High Asset Divorce
Getting divorced means dividing assets, and people often focus on big-ticket assets first. This could include things like dividing up a retirement fund or an investment portfolio. It could just mean dividing your financial savings. One of the biggest assets that most...
3 tips for handling the division of high-value assets in divorce
On Behalf of Burbank & Collins, P.S.C. | Jan 3, 2023 | High Asset Divorce
A huge part of the divorce process is dividing your assets. While this is true, if you have high-value assets, such as family heirlooms, expensive automobiles or rare treasures, you may wonder what rights you have to keep these items. You must take a few steps to...
What happens to deferred compensation when you file for divorce?
On Behalf of Burbank & Collins, P.S.C. | Dec 28, 2022 | High Asset Divorce
Couples with more assets and spouses with more career success often have more to potentially lose during a divorce. They have more property to divide and potentially more to pay in support in the future, which leads to intense battles in family court. The litigated...
Divorce rates will increase next month
On Behalf of Burbank & Collins, P.S.C. | Dec 17, 2022 | High Asset Divorce
Next month is January, which means the start of a brand new year. For many couples, this also means the start of the divorce process. January, commonly known as divorce month, sees an annual spike in divorce cases. But it’s one thing to look at the statistics and see...
Can you get a confidentiality agreement for your divorce?
On Behalf of Burbank & Collins, P.S.C. | Oct 3, 2022 | High Asset Divorce
You’ve probably asked a variety of employees in your business to sign non-disclosure agreements (NDAs) or confidentiality agreements. Some people also require those who work in their home to sign them. If you’re well-known within your community or your profession, you...
What happens to your inheritance during divorce?
On Behalf of Burbank & Collins, P.S.C. | Sep 19, 2022 | High Asset Divorce
Dividing assets during a divorce is very important and can be complicated. This is especially true with complex and high value assets, such as an inheritance. For instance, your parents may have left you that inheritance years ago. It’s enough money for you to retire...
Are divorce rates about to go up?
On Behalf of Burbank & Collins, P.S.C. | Sep 1, 2022 | High Asset Divorce
Every year, there are certain times when divorce rates tend to fall and other times when they spike. When you look at the statistics, for instance, you will find that divorce rates go up in January. This is because many couples don’t want to get divorced over the...
3 tips to get through a high-conflict divorce
On Behalf of Burbank & Collins, P.S.C. | Aug 22, 2022 | High Asset Divorce
Divorce is difficult, even in the best conditions. Unfortunately, if you and your spouse seem to argue about everything and every interaction ends in conflict, it makes a hard situation even worse. Sometimes, your spouse may exhibit "extreme behaviors," which include...
2 benefits of using a QDRO during complex property division
On Behalf of Burbank & Collins, P.S.C. | Jun 29, 2022 | High Asset Divorce
The longer your marriage lasted, the more property you will have to divide with your ex in the event of a divorce. You will need to split assets either by working together before divorce court or through litigation in Kentucky family courts. Under the state's...
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