Younger couples in Kentucky who have never been married before might be entering the marriage with few assets and see no reason for a prenuptial agreement. However, couples in their 50s and 60s who are getting married for a second time may have accumulated a number of...
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Divorce
Costly divorce mistakes
Married couples in Kentucky who are thinking about splitting up should carefully consider what they do before and during the divorce process. Certain actions and decisions can result in very expensive consequences. It's important that separating spouses take care to...
Young couples may wish to consider prenups
For many people in Kentucky, prenuptial agreements seem like a matter for celebrities or ultra-wealthy entrepreneurs. They may not seem relevant to people of average income and wealth, especially when they are just starting out in life. Indeed, many people think of...
Making a high-asset divorce easier
Some Kentucky couples who are ending their marriage will go through what is known as a high-asset divorce. These can be more complex than other divorce cases because of the different types of property involved and the work it takes to calculate the value of the...
Divorce risk may be higher for men marrying more attractive women
It's not all that unusual for a man seeking a significant other in Kentucky to opt for someone more physically attractive. In fact, an analysis of online dating site data shows both men and women have a tendency to pursue potential partners up to 25 percent more...
Why debt causes relationship stress
A study conducted by Fidelity says that money may be a source of stress for many couples in Kentucky and throughout the nation. According to the survey, 40 percent of respondents said that debt had a negative impact on their relationships. It was not uncommon for...
Working toward financial security after divorce
A common question divorcing spouses ask themselves is, "What will happen to me?" Often, this question expresses their fear and concern over their financial future as much as their personal loss. It is not unusual for newly divorced spouses to struggle financially, and...
The truth about prenuptial agreements
Kentucky residents who are about to get married may want to strongly consider a prenuptial agreement. When constructed properly, they can help couples clarify their roles in the relationship in a rational and calm manner. However, some choose not to get them because...
Stressful interactions can lead to divorce
When people in Northern Kentucky decide to divorce, there can be a range of factors that contribute to the decision to end their marriage. Some people deal with irreconcilable differences regarding parenthood, relationship styles or even where to live. Even long-term...
How the cost of divorce may go up with tax reform
For the past few decades, people paying alimony after divorce could deduct those payments on their taxes. However, the 2017 passage of the Tax Cuts and Jobs Acts changes this for new divorcees in Kentucky and throughout the country. Starting with divorce agreements...
