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How big is the impact of money on happy marriages?

Couples in Kentucky who are facing financial difficulties might be interested in the findings from a study that focused on marital satisfaction over the first five years of marriage. The general belief in the past was that couples began their married journey full of excitement that declined over time into a feeling of contentment. This belief was based on an earlier study that focused on middle-class white couples. Researchers, however, were concerned that this belief was linked to socio-economic factors, so they looked at couples in low socio-economic areas in Los Angeles to see if this had an effect.

Dealing with the marital home's mortgage during divorce

When spouses choose to divorce in Kentucky, the decision over how to handle the marital home can be complicated. Depending on the amount of equity at stake, the family home may be the most significant jointly held asset. If the house is not sold, one spouse will generally walk away from the divorce in possession of the property. However, ownership comes with significant financial costs.

When older couples divorce, finances can get complex

While the rate for divorce in general has been stable for a while, gray divorces, or those involving people over age 50, have doubled since 1990. As some Kentucky residents have discovered once they begin the process, grey divorces usually involve more complex financial dealings as couples have often acquired more assets throughout their married life.

Why divorce later in life can be problematic

In 2010, roughly a quarter of all those who were divorced in the United States were over the age of 50. In 1990, only about 10% of those who were divorced were over the age of 50. While a divorce can have financial ramifications for most Kentucky couples, those that occur later in life may carry especially significant circumstances. This is because there is less time to replenish a 401(k) or any other assets that were lost when a marriage ended.

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.

Handling social media before, during and after a divorce

There's nothing wrong with staying connected socially online. However, there is compelling research suggesting a correlation between divorce rates and the use of certain popular social networks. While social media alone isn't likely to be the sole reason for the end of a marriage, there are some commonly recommended guidelines individuals in Kentucky are encouraged to keep in mind before, during and after a divorce.

How to prepare for a divorce

While many Kentucky residents, summer is a favorite season. The kids are out of school, the weather is perfect for spending time outdoors, and it is often a great time to take vacations. For some families, however, summer may also be the time to start planning for divorce.

Student loan debt in a divorce

When people in Kentucky get a divorce, debts that they brought into the marriage, such as student loan debt, are usually considered individual property, and the person will be solely responsible for them after divorce. However, if a person takes out student loans during the marriage, both spouses may be responsible for part of them.

Shifting gender roles can lead to divorce

In marriages where the husband and wife assume traditional gender roles, the risk of divorce can rise significantly when those roles change. A common example of this in Kentucky and around the country is when the woman earns less than her husband at the start of a marriage but experiences a sudden surge in income as her career improves. This often means the wife has less time to take care of household chores and care for the children, shifting the burden of these activities onto the man.

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