Blankenship Massey & Associates, Attorneys at Law
Call Us Today For A Free Consultation 859-905-0936
View Practice Areas

May 2019 Archives

Military divorce rate continues its slow fall in 2018

The rate of divorce among active-duty members of the military has been falling slowly for about 10 years. Service members in Kentucky may be interested to learn that this trend continued in 2018, according to recently released data. The figure is calculated by comparing the number of service members who were married at the beginning of the year with the number who were still married at the year's end. The overall divorce rate is about 3%, which is down by approximately 0.1% from 2017.

Divorce often has a lot of financial implications

Like many people in Kentucky who divorce, you may have expected that you would encounter challenges during your transition from living in a single-family household to adapting to a new lifestyle under separate roofs. From working out custody issues to deciding what to do with your house, the negotiation process is a critical factor toward achieving a fair and agreeable settlement.

Are your children victims of parental alienation syndrome?

When you divorced you knew that you and your ex would both continue to live in Kentucky and would likely share custody of your children. Once you got the court order in place, you were hopeful that you'd be able to co-parent in a peaceful, somewhat low-stress fashion, understanding that you might encounter minor challenges along the way.

Social Security considerations related to divorce

Even if a married individual in Kentucky has never worked or has a low income, they can still collect up to half of their spouse's Social Security benefits. This right doesn't necessarily go away simply because a marriage ends. If a couple was legally wed for at least 10 years, a former spouse can collect on their ex's record even if he or she has remarried provided they are still single and 62 or older. The ex must also be eligible for Social Security and have benefits greater than what their former spouse would receive.

Family homes can be sticking points in a divorce

Real estate such as a marital home is generally among the most valuable assets a couple will buy during their time together. Therefore, it may be a source of frustration in a divorce. The first step in deciding what to do with a marital home in Kentucky or any other state is to get it appraised. This will help a person better understand how much equity it has. Equity is what is left over after accounting for a mortgage or other liens.

Marital incomes can affect divorce likelihood

While many couples in Kentucky aim for dual incomes and strong earnings and consider that women can earn just as much or more than men, social pressures and lingering sexism can undermine their marriages. One study indicated that marriages in which the wives earn more than their husbands are 33% likelier to end in divorce. These marriages are increasingly common since, according to federal labor statistics, around 38% of wives make more money than their husbands. However, federal analysis also shows that when these couples respond to surveys, they are likely to overestimate his income and underestimate her income.

Financial concerns for stay-at-home parents

When people in Kentucky decide to divorce, there are a number of factors that go into the final settlement. While the emotional and practical aspects of ending a marriage can be the most prominent issues at first, the financial effects of a divorce can linger long after the decree is final. The concerns about financial impact can be especially severe when one spouse is a stay-at-home parent. Across the country, around 25 percent of mothers and 7 percent of fathers stay home to raise the children. This can be a strong choice for many couples, who often value family caregiving and want to provide their children with a nurturing home environment.

Learn Your Legal Options Before You Make A Decision

For a free consultation, please call 859-905-0936 or fill out the form below.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us Today

Contact Blankenship Massey & Associates

Erlanger Office Location
504 Erlanger Road
Erlanger, KY 41018

Toll Free: 800-491-9956
Phone: 859-905-0936
Fax: 859-426-9001
Erlanger Law Office Map

Dry Ridge Office Location
20 South Main
Dry Ridge, KY 41035

Toll Free: 800-491-9956
Phone: 859-905-0936
Dry Ridge Law Office Map

map
BBB Accredited business A+