For many Kentucky families, having adequate insurance coverage is critical to protecting their financial future and facilitating recovery in the wake of unforeseen disasters. However, more often than not, people do not fully understand the details of their insurance policy. Failure to take the time to become educated on the type of coverage a person has, can create considerable confusion that could end up resulting in costly consequences if an emergency occurs.
Determining whether your assets are marital property or not
As you and your former spouse begin working through divorce proceedings, it will be necessary for you to separate assets, finances and property as fairly as possible. Often, this portion of a divorce is the most time consuming and contentious. However, if you go into proceedings with an understanding of how marital property is determined, you may feel more confident going into mediation. At Fowler Bell, we are experienced in dealing with the complications that are often present during a divorce in Kentucky.
