Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Compliance
- Disaster relief
- Income Tax
- Main Street Lending Program
- Remote Work
- Americans with Disabilities Act ("ADA")
- Web Content Accessibility Guidelines
- Economic Injury Disaster Loan (EIDL)
- Payroll Protection Program (PPP)
- CARES Act
- Coronavirus Aid, Relief and Economic Security Act
- COVID-19
- Small Business Administration (SBA)
- Liability Waivers
- Miller, as Next Friend of her Minor Child, E.M. v. House of Boom Kentucky, LLC
- Intangible Assets
- Tax consequences
- Taxation
- Community Banks
- Dodd-Frank Act
- SEC Crowdfunding Rules
- Corporate
- Diversity
- ERISA
- Judgment creditors
- Litigation
- Consumer Debts
- Employment Law
- Entrepreneur
- Lenders
- Municipal Liability
- Small Business
- Equity Development
- Investment
- Business Entities
- Mergers and Acquisitions
- Sales and Dissolutions
- Business Formation and Planning
- Closely Held Businesses
- Corporate and Business Tax
- Uncategorized
Showing 1 post tagged debt.
My Spouse is Gone, But is the Debt?
Posted In Business Formation and Planning
After a divorce, the last thing one wants to consider is the debt that their former spouse may have left behind. In Kentucky, debt accumulated during the marriage is treated differently than property acquired during the marriage. Kentucky is a marital property state, meaning that property acquired during the marriage is subject to equitable distribution. On the other hand, according to the Kentucky Supreme Court, there is no statutory presumption that debts incurred during the marriage are marital or non-marital in nature. More >
