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August 2019 Archives

Dealing with finances during a divorce

When a couple decides to divorce in Kentucky, both partners may be concerned about protecting their assets. Going from a shared to a single lifestyle can place a major strain on everyday finances. This may be exacerbated when there are higher levels of conflict during the divorce. While divorce is an emotional time, it's important to remain as clear-headed as possible when negotiating financial settlements. This can help to protect a person's future financial stability and well-being.

Lack of trust and intimacy contribute to divorce

The results of a survey consisting of 2,371 individuals who were recently divorced was published in the Journal of Sex & Marital Therapy. It found that there were four common reasons why Kentucky residents and others were most likely to end their marriages. One of these four reasons was a lack of communication in the relationship. If couples don't talk to each other on a regular basis, it can cause stress that weakens the bond they once had.

Successfully managing finances while co-parenting

In the United States, about 40 to 50% of married couples divorce. This means that many Kentucky parents are co-parenting. While many co-parents deal with difficulties surrounding decisions that need to be made while co-parenting, financial stress can be minimized when the following steps are taken.

Considering your circumstances when going through divorce

Getting a divorce is a complex process. Though you and many other Kentucky residents may wish you could just decide to no longer be married and end the situation there that is not the case. Over the years, you and your spouse have entwined your lives, and now, you will need to work to separate the many facets of your lives to once again live as single individuals.

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