A woman who received part of her ex-husband’s civil service pension at divorce was also entitled to share in his later cost-of-living adjustments, the Kentucky Court of Appeals recently decided. When the couple divorced, the pension was divided equally between the husband and wife.

The fact that a father was given a lengthy prison sentence for drug offenses doesn’t automatically mean he should lose his parental rights, says the Kentucky Court of Appeals. The state had argued that the father’s rights should be terminated due to “abandonment and neglect.”

When you’re going through a divorce, one of the biggest fouls you can commit is trying to hide assets so you can keep them for yourself. It’s usually easy to get caught, and you can be severely punished for not being truthful.

We’ve all heard horror stories about personal privacy and identity theft. That’s why many people shred all their sensitive documents after they no longer need them – including credit card bills, bank statements, older tax documents, and anything with PIN or Social Security numbers. But what about divorce papers?

Prenuptial agreements are usually thought of as a way of protecting assets in case a marriage doesn’t work out. But they’re increasingly being used to protect a spouse’s reputation as well. In the age of social media, it’s very easy for a bitter ex-spouse to humiliate someone in front of family and friends, or even thousands of strangers.

If someone signs a prenuptial agreement but can’t locate the original signed copy years later, it’s possible that it might still be enforced. It’s not a sure thing, but it’s possible, as a couple of recent court cases show. In one case, a wealthy owner of strip malls and hotels in New York persuaded his fiancée to sign a prenup during a whirlwind three-week engagement by telling her that his dad would “cut him off’ if

Are your beneficiary designations up to date? Do you know which accounts have beneficiaries, and whom you’ve designated? It’s easy to lose track. But it’s important to keep them current. Here’s why. When you designate a beneficiary for an account, that person inherits the assets in the account, regardless of what your will says. That’s why updating your will periodically might not be enough. Typically, you’ll have beneficiaries for each of your IRAs, your 401(k) or

The “time value of money” is a critical concept in handling personal finances. The same basic premise can be applied in making decisions for your business. Here’s how it works: Typically, the money you currently have in your hands is worth more than it would be years from now. That’s because you’re able to spend or invest the funds now instead of waiting to receive them. In other words, there’s an “opportunity cost” attached to any

The IRS has once again issued an alert for scams relating to fake charities. This time the fraudsters are looking to profit from the severe flooding in South Carolina that led to the declaration of a federal disaster area. If you’re planning to donate, watch for these signs that a fundraiser isn’t on the up-and-up:

If you’re over 70½ and are required to take distributions from your IRA or other retirement account, remember that you must take your 2015 RMD (required minimum distribution) by December 31. Otherwise you may face a penalty of 50% of the amount not taken. If the 2015 distribution is your first RMD, you have the option of waiting until April 1, 2016, to begin withdrawals.