There are many reasons why a Kentucky marriage may not last. While some common ones include a disagreement over finances and other incompatibilities, one study has found that couples are also getting divorced over political disagreements, particularly when they involve President Trump.
While couples in Kentucky and throughout the country who are 50 and older might be more likely to divorce than they were in earlier generations, a closer look at statistics shows that not all marriages of older couples are equally vulnerable. Furthermore, couples younger than 50 still have a divorce rate twice that of their older counterparts.
Kentucky residents who follow the popular Bravo reality television series 'The Vanderpump Rules" may be aware that two of its stars, Scheana Marie and Mike Shay, filed for divorce in November 2016. The couple vowed to remain friends and treat each other with respect when they announced that they were separating after two years of marriage, and media outlets reported in April 2017 that Marie and Shay had reached an amicable divorce settlement.
Kentucky couples who are considering divorce may be interested in learning that Jennifer Garner and Ben Affleck announced on April 13 that they were getting one, about two years after they stated they were separating. The former couple reportedly filed the paperwork without attorneys, meaning they may end their marriage through mediation instead of court.
Kentucky couples who decide to separate may want to take steps to protect themselves financially. Both of them should have a good understanding of their marital finances even if one of them has primarily handled this during the marriage. They might want to close any shared accounts and start establishing credit in their own names if necessary.
Many single parents rely on child support to help ensure that they're able to take care of their kids. However, in some cases, the parent paying child support may suffer an injury or develop a medical condition that leads to a disability. In these cases, it is very common for the amount of child support that someone is required to pay to be reduced.
When a Kentucky couple gets divorced, they may have a number of marital assets to divide up between them. If they have been married long enough, they may also have to determine what happens to their retirement assets. When dividing up retirement assets, it is recommended that a person use the advice of a financial analyst in addition to their attorney to ensure that the Qualified Domestic Relations Order they need to sign is equitable and fair.
Law at the federal level is designed to meet the needs of parents in Kentucky who are owed child support by people who have moved out of state. Known as the Deadbeat Parents Punishment Act, the law establishes that people willfully avoiding child support obligations can face prison sentences and be required to pay the outstanding balances owed to their children.
During their youth, individuals in the Baby Boomer generation, who are currently between the ages of 51 and 69, had high divorce rates. This trend appears to be continuing as the rate of divorces for people who are at or over the age of 50 has doubled between 1990 and 2015 according to data from the U.S. Census Bureau and the National Center for Health Statistics.