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Divorce Archives

Steps to take after a divorce has been finalized

Kentucky residents who have recently finalized their divorce may feel a sense of relief. Despite wanting to get on with their new life, they need to properly divide up assets and take other steps in a timely fashion. Even though the divorce decree may be in their hands, there are still tasks to be accomplished.

Going through a divorce as a business owner

For estranged Kentucky couples with a family business, the divorce process can include additional complications. It is often associated with legal, financial, and practical entanglements as well as the emotional concerns. However, for spouses that own a family business, especially one of significant value or major personal attachment, it can carry additional challenges. Dividing the family business can be particularly complex when it is the most valuable asset owned by the couple.

Getting a divorce is more expensive than many think

Individuals in Kentucky going through the divorce process know that getting a divorce is never an easy thing. When a couple decides to end their marriage, they can face emotional distress and societal pressures. There are also legal fees and other expenses that add to the challenge of getting a divorce. When a couple plans ahead, there are steps they can take to save money on their divorce.

Claiming dependents after a divorce

For many Kentucky residents, claiming dependents on their tax returns is not likely to present any issues. However, in situations in which multiple people are claiming the same dependents, such as when separated or divorced parents both claim their children, the process can become complicated, requiring the Internal Revenue Service to step in and closely examine the returns to make a decision regarding which of the claims should be accepted.

How social media can impact a divorce case

Social media is a tool that most people use or have some sort of exposure to. Therefore, it can have a profound impact on divorce cases. According to Web Preserver, 81 percent of attorneys found evidence on social media that they could use in court. Furthermore, roughly one-third of legal action that occurs in a divorce happens because of affairs that take place online.

How to set up a business so that it is protected in a divorce

Business owners in Kentucky should pay a spouse who works for the company market rates and should avoid using marital funds to pay for any business-related expenses. Failing to do either of these can result in a spouse being able to claim a larger share of the business if the couple gets a divorce.

Prenuptial tips for a second marriage

Prenuptial agreements are often a topic of discussion for Kentucky newlyweds. Dealing with the merging of property can be difficult for people getting married for the first time. However, property issues are typically far more complicated for partners getting married for a second time later in life. Adults in their 50s and 60s usually have far more property to deal with than couples getting married in their early 20s.

Lack of commitment is the most common reason for divorce

While marriage survival rates may be doing better among some age groups, divorce is still quite prevalent. There are many factors that may lead a Kentucky couple to separate. However, there are a few reasons that are most frequently cited. A long-term study that followed 52 spouses who engaged in premarital counseling revealed that there are often several factors underlying any divorce.

More divorces for spouses with unequal physical attractiveness

For the most part, people in Kentucky have an innate sense of how attractive they are compared to others. Research indicates that most people seek partners of relatively the same level of physical attractiveness. This approach might set them up for eventual success in marriage because studies show that men with wives with better looks than them have a greater risk of divorce.