Protecting Your Assets And Your Future In Times Of Transition

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Professional Property Division Lawyers In Louisville

Divorce is never an easy process, and property division can be one of the most difficult aspects of it to navigate. Property division is not just about splitting possessions; it’s about acknowledging your emotional ties to them while striving for a fair outcome. At Straw-Boone Doheny Banks & Mudd, PLLC, we understand the complexity and sensitivity required to walk this fine line.

Based in Louisville, we are an award-winning law firm with a rich history of serving our neighbors. Our attorneys have over six decades of combined experience and are driven by four core values: elite advocacy, personalized attention, compassionate wisdom and stellar customer service. When you choose to work with us, we will apply these values on your behalf.

How Does Property Division Work In Kentucky?

Kentucky law seeks fairness, though not necessarily equality, in property division. The term for this is “equitable distribution,” and it is a principle that guides our counsel as we represent you. We strive to ensure your marital assets and debts are divided fairly.

Understanding the difference between marital and separate property is crucial. Marital property includes assets and debts acquired during your marriage, while separate property is what you brought into the marriage or received individually, such as an inheritance. We can help you identify and categorize your property to protect your interests.

Sometimes, separate property becomes mixed with marital property. This is called commingling, and it can complicate the division of your assets. We are adept at establishing the ownership of your assets and arguing for their proper classification to ensure a fair division.

Factors That Influence Property Division

Kentucky courts consider four factors when determining the division of marital assets. These factors are:

  • The length of your marriage
  • The value of your property
  • You and your spouse’s contributions to the marriage
  • You and your spouse’s economic circumstances

Regardless of how these factors could affect the share of marital property you receive, we will help you build a compelling case that reflects your marital contributions and current needs.

Talk To A Louisville Property Division Attorney

We are here to guide you through the property division process with compassion and a commitment to achieving an outcome that fits your circumstances. You can discuss your property division concerns with us during an initial consultation. Set one up today by sending us an email or by calling +1-502-791-9419.