You determined that you needed a prenuptial agreement in order to protect your pre-wedding interests, and your intended spouse agrees to enter into it. After negotiating its terms, you execute the document and move forward with the rest of your wedding plans.
Can you capitalize on your retirement planning?
Once you recognize the importance of creating a retirement plan for yourself in Kentucky, you may begin to start learning about all of the different facets of preparing for your future. When you spend adequate time comparing your options, identifying your future goals and creating a plan that is customized to support your lifestyle and desires, you can be confident that you are putting yourself in a good position to attain a comfortable retirement once you reach that age.
Dissolving a marriage means separating assets
When people in Kentucky prepare to divorce their spouse, often one of their greatest concerns is how this significant decision will affect their financial future and their ability to live independently after sharing a life with someone else for so long. While separation of a couple's assets may be lengthy, stressful and disappointing at times, there are things that people can do to facilitate the process and reduce the negative effects it may have on their life.
Are there mistakes to avoid in a divorce?
Sometimes when you get a divorce in Kentucky, you are your own worst enemy. There are things you may do to make the settlement turn out badly. It can help if you go into the process knowing what not to do ahead of time. Here are some mistakes to avoid in a divorce as noted by CNBC.
The injury-in-fact trigger theory
According to FindLaw, Kentucky insurers have a duty to act with good faith when handling a claim. "Good faith" means that insurers must thoroughly investigate each claim, respond to each claim promptly, to pay or deny the claim within a reasonable time frame and, if denying the claim, to provide a thorough explanation detailing the reasons for the denial. FindLaw further details what breach of duty may look like.
Can you get an annulment in Kentucky?
If you are like most people whose marriage is falling apart, you likely want to know how you can quickly and easily end the union. You may have even considered getting an annulment. While annulments are fairly easy to obtain because they acknowledge that the marriage never happened, very few couples actually qualify for an annulment. Moreover, those who do qualify must apply for an annulment within a specified period of time, otherwise they too forego their right to an annulment.
