Ending a marriage can be complicated, bringing numerous stressors and uncertainties. This situation is far from ideal. On top of everything you're going through, you may find yourself in a position where your retirement fund is in question. The prospect of losing...
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Find out if your spouse is hiding assets during divorce
On Behalf of Burbank & Collins, P.S.C. | Oct 25, 2024 | High Asset Divorce
Asset division is often a challenging and tension-filled process during divorce. Hiding assets only makes everything more stressful and complicated for everyone involved. Unfortunately, some spouses still attempt to conceal high-value property or financial resources...
What do most people neglect during high-asset divorces?
On Behalf of Burbank & Collins, P.S.C. | Sep 13, 2024 | High Asset Divorce
Divorce ends a marriage that has run its course. But when high stakes are involved, mistakes can complicate the process. Getting a divorce, especially with high-value assets like businesses, real estate and investments, can be complex. Accurate valuation is vital to...
3 forms of commingling that may endanger separate property
On Behalf of Burbank & Collins, P.S.C. | Sep 9, 2024 | High Asset Divorce
Couples preparing for high-asset Kentucky divorces often worry about preserving specific assets. For example, one spouse might want to protect a small business or a retirement savings account that they started before they ever got married. One of the more common ways...
How postnuptial agreements can protect you in a high-asset divorce
On Behalf of Burbank & Collins, P.S.C. | Aug 30, 2024 | High Asset Divorce
If you are in a high-asset marriage and looking to protect your wealth, a postnuptial agreement might be the solution for you. These legal documents can provide both partners peace of mind and financial security. Understanding how postnuptial agreements can help you...
What are the signs that you have grown apart from your spouse?
On Behalf of Burbank & Collins, P.S.C. | Aug 15, 2024 | High Asset Divorce
Like all relationships, marriages evolve over time. Sometimes, couples grow together, strengthening their bond. Other times, they may find themselves drifting apart. Recognizing the signs of a failing marriage can be challenging, especially when emotions cloud...
3 factors that complicate high-asset divorces
On Behalf of Burbank & Collins, P.S.C. | Jul 22, 2024 | High Asset Divorce
Divorce is never a simple process. It involves many challenges, from emotional turmoil to legal intricacies and life-altering decisions. However, when the life you built with your spouse involves significant assets, the complexity of this legal process increases...
Financial considerations before filing for divorce
On Behalf of Burbank & Collins, P.S.C. | Jun 3, 2024 | High Asset Divorce
Divorce is inherently an emotionally taxing time. When there is significant wealth on the line, the emotional and financial stakes become even higher. The thought of dividing up substantial assets can seem daunting, especially in Kentucky, where the financial details...
Addressing investment real estate in a Kentucky divorce
On Behalf of Burbank & Collins, P.S.C. | May 5, 2024 | High Asset Divorce
People hoping to ensure their financial stability sometimes choose to invest in real property. Real estate investments might look like acquiring property with the intent to rent it to others. Investors might purchase unimproved land in an area that they believe may...
Debunking myths surrounding high-asset divorce
On Behalf of Burbank & Collins, P.S.C. | Apr 15, 2024 | High Asset Divorce
Going through a divorce is an overwhelming experience. When you factor in significant assets, this legal process can be the most daunting time of your life. Divorce is already a challenge, and many misconceptions make it even more confusing, especially regarding...
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