It’s clear to you that you're no longer happy in your marriage, and you don't think that your spouse is very happy, either. You propose that both of you would be better off if you just got a divorce. However, your spouse is very opposed to the idea of divorce...
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What assets can be exempted from property division?
On Behalf of Burbank & Collins, P.S.C. | Apr 12, 2022 | High Asset Divorce
Going through a divorce process is almost never easy. The proceedings can become even more stressful when you have a lot of assets to negotiate the division of. Emotions can run high when you want to protect what you believe is rightfully yours against your soon-to-be...
3 ways to fund your retirement after a Kentucky divorce
On Behalf of Burbank & Collins, P.S.C. | Feb 24, 2022 | High Asset Divorce
The longer you have remained married, the harder it can be to picture your life after divorce. Your biggest assets are likely all jointly owned with your spouse, and you may have given up your personal career to support the family. Especially if you are close to...
Can I petition for the modification of my divorce settlement?
On Behalf of Burbank & Collins, P.S.C. | Jan 10, 2022 | High Asset Divorce
Whether reached through litigation or out-of-court settlement, pretty much every divorce case is finalized through a court order. A divorce decree is a legally-binding document that outlines how marital property is divided, who gets custody of the kids and who gets...
Is keeping the family home really what’s best for your kids?
On Behalf of Burbank & Collins, P.S.C. | Dec 23, 2021 | High Asset Divorce
When parents divorce and one gets primary custody of the children, that parent often believes the divorce will be less difficult for the kids if they remain in the family home. Besides being in familiar surroundings, they can continue in their school and be close to...
Horses and divorce: Dividing your property in KY
On Behalf of Burbank & Collins, P.S.C. | Dec 20, 2021 | High Asset Divorce
If there is one thing that Kentucky is known for, it’s its horses. People come to this state to show their horses, race them and breed them. If that’s what you and your spouse have done, you may have had great success. Divorcing with this kind of business can be...
Sharing your nanny with your co-parent after divorce
On Behalf of Burbank & Collins, P.S.C. | Dec 8, 2021 | High Asset Divorce
If you’re like many parents, your nanny is almost part of your family – or at least an integral part of your family’s life. So what happens when you divorce? If possible, it’s best to keep them in your life – and your children’s lives. You and your co-parent will need...
What should I do if my spouse is hiding assets?
On Behalf of Burbank & Collins, P.S.C. | Oct 25, 2021 | High Asset Divorce
Let’s face it, divorce can get messy. During the divorce process, it is not uncommon for some divorcing couples to attempt to hide assets from the eyes of the court or their partners. If you suspect that your spouse is hiding assets during the divorce process, there...
The one thing that can cost you your inheritance in a divorce
On Behalf of Burbank & Collins, P.S.C. | Sep 1, 2021 | High Asset Divorce
When you divorce, you need to divide your property into two categories -- marital property and separate property. Marital property covers most things you acquired since you married, and you need to divide this between you. Separate property does not need division....
3 assumptions to avoid in a divorce
On Behalf of Burbank & Collins, P.S.C. | Aug 25, 2021 | High Asset Divorce
One of the worst things you can do when preparing to divorce is to make assumptions. While your relationship may have begun on feelings and promises, you need to turn to facts and figures when it ends. Knowledge is power in a divorce, and a lack of knowledge about...
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