This is a separation agreement and release of a partner who is resigning from his firm. In the document, the firm waives its right to 90-days' notice of intent to withdraw from the partnership, and the resigning partner leaves the firm ahead of that date. Matters addressed are: 401(k) contributions, salary settlement, and the prohibition on copying or removing files unless expressly requested by clients.
Kentucky Separation Agreement and Specific Release
Category:
State:
Multi-State
Control #:
US-L06031D
Format:
Word;
PDF;
Rich Text
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How to fill out Separation Agreement And Specific Release?
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FAQ
Cheating is one of the most common reasons for divorce, and a judge can take it into account if you file for a fault-based divorce instead of a no-fault divorce. That said, a judge will consider the wasteful dissipation of assets in any divorce case, so infidelity can affect the outcome of a no-fault settlement.
Kentucky is in the majority as an equitable distribution or common law state. This means marital property isn't automatically assumed to be owned by both spouses and therefore should be divided equally in a divorce. The court can also divide the property if the spouses can't agree on a property division.
On the other hand, a legal separation can have some disadvantages. For instance, although you may want to date others, you will not be able to marry another person until your prior marriage is legally dissolved. The lack of finality that comes with a divorce could impact your future relationships with others.
Infidelity causes grief and relational problems to the individual, the couple and even their offspring. It was found to be associated with depression, anxiety and even PTSD, leading to divorce [42,69,70].
This means that Kentucky is a no-fault state, so you do not have to blame anyone for a divorce. Kentucky does not recognize fault-based grounds for divorce, so even if adultery ended your marriage, it is not a consideration in the awarding of alimony.
Kentucky is a No-Fault Divorce State Therefore in a no-fault state such as Kentucky the family court judges are not interested in hearing about a cheating spouse's misconduct.
Infidelity, or cheating, is the act of being either emotionally or physically unfaithful to a spouse or partner, and breaking a commitment or promise during the act. Adultery is engaging in physical, sexual activity, and may be considered a criminal offense and grounds for divorce in certain places.
To do so, a petition for legal separation needs to be filed with the court. It must state why the spouses can no longer live together. In addition, at least one spouse must have residency in Kentucky for half a year before the petition is filed, as well as residency in the county in which the petition is filed.