For many people living in Kentucky, January is a time of new beginnings. In some cases, this means making the decision to leave a marriage that is no longer working. While divorce is never easy, there are some things that spouses can do to make the process less painful and financially devastating.
When Kentucky couples start divorce proceedings, deciding child custody and support issues are often given top priority. However, dividing property, including any house they might own, should rank right up there as well.
The divorce rate for those over the age of 50 has doubled since the 1990s. If a Kentucky resident does get divorced later in life, it could impact that person's ability to save for retirement. The financial shock may be compounded by the emotional stress that the end of a marriage may bring. However, there are steps an individual may take to increase his or her financial security in a divorce.
A divorce can be a physical and emotional ordeal for children. Parents in Kentucky who are eager to get a divorce but may be hesitant to do so because of their children may want to consider some important issues before making a decision.
Married couples in Kentucky struggling with their relationships often confront issues like infidelity, money disputes or alcohol or drug addiction. For some people, difficulties like these lead them to divorce.
Residents of Kentucky involved in a divorce, paternity action or other ongoing child custody issue should be aware of the trend toward shared parenting time. In the past, it was common for a court to award custody to one parent, usually the mother, subject to the right of parenting time with the other parent. Usually the visitation ordered is one or two nights per week.
Mediation is one of the options Kentucky couples who marriages are coming to an end have to achieve resolutions to their various legal issues. However, there are situations in which individuals who are going through a divorce should rely on an attorney who has litigation experience instead of using mediation.
For Kentucky women, getting a divorce can have a major impact on their finances and retirement. In fact, the divorce may actually hit women harder than men due to the fact that women statistically get paid less than men and are often put in charge of caring for the children when they are still married.
One of the benefits commonly provided by employers could cause serious consequences for some marriages on the brink of divorce. Health care has always played a role in negotiations over custody, spousal support and property division, but the passage of the Affordable Care Act offered those with pre-existing conditions some amount of security. This law may soon be overturned and the prohibition against higher premiums for pre-existing conditions lifted. Some Kentucky couples have responded by showing more reluctance in untying the knot.
Informal negotiation and alternative dispute resolution processes may be ways that Kentucky parents who are getting a divorce can work out child support without going to court. The parents may make an agreement on their own, or they may work with their respective attorneys to reach an accord. This agreement should then be put into writing and submitted to a judge.