Dividing a business can be one of the more difficult elements of divorce for people in Kentucky. First, it is necessary to determine the value of the business. Then a couple must decide whether one person will buy the other one out, if they will keep on running the business together or whether they will sell the company.
The decision to file for divorce feels different for everyone. In some cases, it is a difficult decision that requires a lot of time and thought. In others, the realization that a marriage just is not working out is easy and obvious. Regardless of how you found yourself in divorce, there is one matter that will probably be difficult -- property division.
Cryptocurrency is a form of digital currency that's becoming increasingly accessible for individuals in Kentucky and elsewhere in the country and around the world. It's also an asset that's presenting unique challenges for divorce attorneys. The nature of cryptocurrencies like Bitcoin makes it easy for soon-to-be-ex-spouses to hide such assets when it comes time to divvy up everything jointly accumulated or owned.
Tax season is unpleasant for many Kentucky residents. However, it can provide even more challenges for parents who have recently divorced. Claiming dependents on a tax return is relatively simple for married parents, but things can get a bit more complicated for those who have split up.
When parents in Northern Kentucky divorce, issues of child custody and ongoing parental relationships are often of significant concern. In most cases, children will divide their time between the households maintained by each parent. Historically, specialists have noted that children do miss the parent with whom they are not living or visiting. Technology such as texting and social media provides some relief to parents and children during their time apart.