Often, emotions are running rampant when a couple decides that their only option is to divorce. So very little attention is paid to anything else -- at least right after the decision has been made -- and that includes the financial issues that surround the end of a...
Divorce
Divorce is challenging if ex has this condition
Whether you’ve been married less than five years or more than 20, you and your spouse have undoubtedly encountered challenges in your relationship at some point. Most spouses do. If you’re among those in Kentucky who have filed for divorce from a spouse who has...
High asset divorce: What to do when hidden assets are suspected
There must be trust between married couples. If that trust erodes in any way, it may be likely that divorce is imminent. For Kentucky couples who live in a healthy financial landscape, the trust could be connected to assets and finances. There have been instances in...
Family law modifications: Changing a divorce decree
When a couple makes the decision to end their marriage, they have a number of issues to sort out. Both people are usually under the assumption that when a final divorce decree is issued, it’s the last time either will have to consider it, but for some former spouses...
Hiding assets in divorce is illegal
Perhaps you’ve been thinking about filing for divorce in a Kentucky court for quite some time. Maybe you’ve been married 15 or more years, have several children, or own a business, so you understand that taking the next step is going to spark a series of decisions,...
Keeping financially sane in a high asset divorce
There are many facets of life that can be impacted by the ending of a marriage. Divorce can be emotionally draining for Kentucky residents and it can also weigh heavily on the pocketbooks of those concerned, especially when a couple is in the midst of a high asset...
The top reasons for divorce in 2020
With everything going on the world today, it may seem as though life that been turned upside down for many couples whether they live here in Kentucky or somewhere else in the country. Some people may say that this fact alone accounts for the divorce rate this year,...
Are divorce rates on the rise? The numbers say yes
No one can deny that the world has changed dramatically in the last few months. The effect on families across the country and here in Kentucky may not fully be felt for quite some time. Even so, a number of effects are beginning to come to light, including the fact...
Protection from the other spouse’s debt in a divorce
Kentucky is an equitable distribution state. This means that when it comes to dividing debt in a divorce, each spouse typically (though not always) assumes the debt in his or her name alone. Handling debt this way may seem like a fair way to handle things, but it gets...
Divorce: What part do finances play in your decision?
Whether it’s been 20 or more years since you walked into a Kentucky church or courthouse to get married -- or fewer than 10 or 5, if you’ve determined that things aren’t working out, you might be facing some serious decisions. Perhaps, you’ve recently filed a petition...