Divorce has a bad reputation for destroying financial security and robbing people of wealth. While this outcome might ring true for some divorcees, you have the chance to prevent this sort of thing from happening. Proactive planning and careful budgeting can help you...
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Divorce
How does divorce affect children?
Even when divorce is in the best interest of your family unit, it will still have a significant impact on children. Most children experience numerous effects after divorce, and many worry that their relationship with their parents will change drastically. Some...
A divorce settlement may mean more control over asset division
If you are like many Kentucky couples facing divorce, you and your spouse may want to separate amicably and avoid the expense, anxiety and uncertainty of litigation. However, the process of dividing your estate may be complex if you share substantial property or have...
How do you approach the topic of divorce?
As a parent just beginning to go through the process of divorce, you likely wonder one thing: how do you tell your children? Despite your desires to do no harm to them, you know that you cannot simply leave them in the dark. To that end, you may wonder if there are...
How do you handle long distance co-parenting?
Every parent wants to be physically present during a child's milestone moments in life. But unfortunately, sometimes jobs or military service can get in the way of that and force one co-parent to move away. In this situation in the past, it would have been all too...
Dividing high-value collectibles in a divorce
Dividing your assets is a routine part of the divorce process. However, if you have a collection of rare artifacts, expensive cars or family heirlooms, you may fear losing it. There are several options when dividing high-value holdings. To decide which solution works...
Taking a look at child custody statistics
If you are approaching the divorce process as a parent, you probably have many questions and concerns with respect to child custody. The outcome of your custody case could have a major impact on your relationship with your child, as well as their best interests. It is...
Will you pay a penalty on leftover 529 plan funds?
If you had the forethought to form a 529 plan for your child, hats off to you. A 529 plan is a tax-advantaged savings account, the purpose of which is to encourage individuals to save for expenses related to higher education. Though the account owner or beneficiary...
How is property divided in a Kentucky divorce?
You may think your divorce will be a long, drawn-out process, taking months to finalize. Because of the number of stocks, high-end assets and multiple properties, figuring out who gets what and how much might be a never-ending process. Dividing property may be...
What steps could I take to keep my home after a divorce?
Homes purchased during marriage generally divide fairly in divorce. As noted by Mortgage Professional America, keeping a shared home after a divorce typically requires showing that you have the ability to manage it on your own. If you have the means to do so, you...