Under the “Uniform Services Former Spouses’ Protection Act” (USFSPA), each state (including Kentucky) is allowed to treat “disposable retirement pay” as marital property according to each state’s law. How will military retirement property division occur in a Kentucky divorce? Generally speaking, a former spouse may receive up to 50% (or...
The Right Attorney to Help Keep Divorce Costs Down
Did you know you can find the right attorney to help keep divorce costs down while working to protect the things that are most important to you in your divorce? How can you keep divorce costs within reason while ensuring that you complete your divorce in a timely manner and...
What is a QDRO in a Shepherdsville or Louisville Area Divorce?
What is a QDRO in a Shepherdsville or Louisville area divorce? QDRO is the abbreviation for a “Qualified Domestic Relations Order.” The QDRO is part of the property division orders contained with an uncontested or contested divorce. The need for a QDRO is associated with a specific retirement account or...
Retirement Plans & Pensions in a Kentucky Divorce Need a QDRO – Qualified Domestic Relations Order
One of the most often overlooked issue in a divorce case is the issue of retirement plans and pensions. Retirement plans & pensions in a Kentucky divorce need a QDRO – a Qualified Domestic Relations Order. If you’re going through a divorce and either party has a retirement or pension plan such...