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January 2019 Archives

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. 

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.

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