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An example of such an asset is the US$15 billion that United Airlines' frequent flyer program, MileagePlus, was estimated to be worth when it filed for Chapter 11 bankruptcy. [2] In divorce cases, a hidden asset is a property that is hidden by one spouse from the other and, as a result, is more difficult to discover during divorce proceedings. [3]
Post-divorce, an advisor can help you create a new financial plan, establish a budget as a single person, help you understand the tax implications of selling assets and provide guidance on how to ...
The family court division of Circuit Court has original jurisdiction in cases involving dissolution of marriage (divorce), child custody, visitation, maintenance and support (alimony and child support), equitable distribution of property in dissolution cases; adoption, and termination of parental rights.
Debra Hembree Lambert is an American lawyer who has served as the chief justice of the Kentucky Supreme Court since 2025; serving concurrently as a justice since 2019. She previously served as a judge of the Kentucky Court of Appeals from 2015 to 2018.
The divorce was filed in Jefferson Circuit Court. The Bevins were living in Anchorage. ... 56, was Kentucky’s Republican governor from 2015 to 2019. He was defeated in his re-election bid by ...
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Under a community property regime, depending on the jurisdiction, property owned by one spouse before marriage, and gifts and inheritances received during marriage, are treated as that spouse's separate property in the event of divorce. All other property acquired during the marriage is treated as community property and is subject to division ...
The court may consider such factors as "substantial contribution to the accumulation of the property, the market and emotional value of the assets, tax and other economic consequences of the distribution, the parties' needs, and any other factor relevant to an equitable outcome." Fairness is the prevailing guideline the court will use.