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Elizabethtown, Kentucky, Law Blog

It is possible to amicably walk through a high asset divorce?

You have probably purchased something from Amazon at some point in the past, or perhaps you are the person who has stacks of Amazon Prime packages showing up on your doorstep each week. The major online shopping company has seen significant growth and success over the last few decades, and as a result, founder Jeff Bezos and his wife have become very wealthy.

Jeff Bezos has an estimated net worth of approximately $137 billion. Since he founded the company after he was married, it is possible most of that amount is marital property – which is eligible for division during divorce. While this will likely be an incredibly expensive divorce, there are many who believe that it will not be contentious or drag on for years. It is possible that the Bezos divorce could serve as an example of how high asset Kentucky couples can amicably navigate their divorces.

10 questions to ask when divorce forces you to sell your home

Your spouse asks for a divorce. Knowing you need to split up the value of the house, you decide to sell it. It just seems like the easiest solution. You know you'll make money, and dividing that money is simpler than trying to figure out who keeps the home, if the children get to stay in it, if you need to share it, how to move it into one name and all the rest.

Life is complicated enough, so you just decide to sell.

When kids have divorce questions, here's how you answer

Your children understand that you're getting a divorce, but they naturally do not understand exactly what it means for them or why it is happening. Of course, their age makes a bit of a difference here, but they probably have a lot of questions.

Often, those questions focus on their own future. Where will they live? Will they still see both of you? Will they have to go to a new school? These are the sorts of things that kids worry about.

Do attention disorders impact custody?

You're getting divorced, and you have two kids. You also have attention deficit hyperactivity disorder (ADHD). Your spouse claims that they're going to use your ADHD as grounds to make sure that you do not get custody of the children. Is that possible?

Typically, it's just an empty threat. You could argue that ADHD is a disability and that you can't be discriminated against. That's a significant part of the Americans with Disabilities Act (ADA).

Are you ready to dress for success at your custody hearings?

Having children is undoubtedly one of the greatest joys in your life. You and their other parent likely have had many joyous experiences together that you will cherish for the rest of your life. However, now you and your spouse are going through divorce, and you fear that the child custody proceedings may get contentious.

You are not alone in this fear, as many parents do have conflicting views on how they want custody arrangements to look. You also likely have this fear because you and the other parent have already made it clear you cannot come to terms on your own. As a result, you will have to attend child custody hearings in order for the judge to issue a custody order.

Does digital communication ruin marriages?

Do you find yourself wondering why so many marriages end in divorce? You understand that there are specific reasons in many cases, such as abuse, alcohol addiction, etc, but you also see a general trend of relationships just not working out. Why do people find it hard to maintain that connection?

One expert thinks that digital communication may play a role. As convenient as it is, it has changed the way we talk to each other and relate to each other. Has that given us more information and less of a connection?

Financial questions to ask before getting married again

Your divorce taught you a lot about your finances. Maybe you split up because of financial problems; money is a common reason that couples cite when asked. Maybe you just found out more about dividing up assets and what financial red flags to watch out for. Maybe you had look at your finances in a brand-new way once you were on your own.

Maybe those things are all part of it.

What are the most contentious topics in divorce?

A divorce can become contentious for many reasons. Perhaps both parents want sole custody of the children. Perhaps one spouse does not want to get divorced at all. Or, maybe parents cannot agree on the true value of their home; one person wants to sell the house and the other wants to keep it. When people's expectations and desires do not line up, it can get complicated.

Understanding the most common contentious items can help you prepare for this type of legal battle. According to a survey of the American Academy of Matrimonial Lawyers, which was carried out in 2016, the top items that people disagree about are:

  • Alimony payments
  • Pensions and retirement accounts
  • Business interests

Reasons that kids may prefer living with one parent after divorce

After a divorce, parents come up with a child custody plan and/or visitation schedule. While it feels to them like the job is done and the plan is perfect, it sometimes takes them by surprise when a child is resistant to it. That child may clearly prefer one parent and even refuse to go live with the other parent.

This can be distressing and frustrating, and it's important for parents to understand why it happens and what they can do. A few potential reasons include:

  • The child has always been closer to that parent, but it wasn't as obvious when they lived together.
  • One parent does not engage with the child when they have custody, and the child understands this lack of involvement.
  • One parent does not understand the child's interests, and therefore, doesn't give them a favorable living situation.
  • The parents have been experiencing a fair amount of conflict even after the divorce, and it has made the child pick sides.
  • Children simply do not like change and want to have the same routine and/or living situation.
  • Young kids are used to getting most of their care from one parent and feel nervous and anxious about living with the other parent. They may not understand that they can also count on that other parent to care for them the same way.

Don't make these mistakes during divorce

Thinking of ending your marriage? Reading the divorce papers that your spouse just handed you?

No matter how you got to this point, it is important to know how to proceed. Here are a few things you must avoid:

  • Don't start spending extra money. You may be tempted to do it, thinking you're just going to have to divide that money in the divorce anyway, but excessive spending can work against you. Your ex may allege in court that you should have to pay them 50 percent of the money you spent, for instance, or you could wind up with extra debt if you made those purchases on credit cards.
  • Don't make your kids feel like it is a choice between you or your ex. They should never have to pick between their parents and take sides. Your goal should always be looking after their best interests.
  • Don't make spiteful, emotional decisions. It just makes the process harder than it has to be. Even when you feel angry or hurt, you want to make rational, well-thought-out choices.
  • Don't assume your relationship is completely over, especially if you have kids. The marriage may end, but you and your ex will still cross paths with shared custody of those children.
  • Don't put it all online. It may be wise to take a social media break. You don't want to say something you'll regret, and you must remember that social sites can provide evidence in divorce cases.