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Quality Family Law Representation “Because It Matters”

December 2017 Archives

Study finds some financially insecurity among divorced

Even though divorce ends about four in every 10 marriages, many married people in Kentucky might be financially unprepared for a separation. A survey conducted by Head Solutions Group for TD Ameritrade found that almost two-thirds of married people were not prepared financially for being widowed or divorced. Despite this, more than 70 percent of men and over 60 percent of women reported a feeling of confidence that they would effectively manage such a situation financially.

When co-parenting isn't working try parallel parenting

Co-parenting is touted as the ideal way for parents to raise their children after a divorce or legal separation, but what happens when you just can't get along with one another? If every communication or interaction escalates to an argument, it may be time to try parallel parenting.

What to do when facing parental alienation

Kentucky parents who have divorced an ex-spouse with a personality disorder might be in more danger of experiencing parental alienation. Some parents may attempt to manipulate their children and cause them to turn against the other parent. The child may then deny that the other parent has had anything to do with any change in their behavior.

When alimony isn't actually alimony

If payments qualify as alimony, they may be counted as income to the person who receives it and a tax deduction for the person who makes the payment. However, it is important for Kentucky residents to understand that not every payment in a divorce is classified as alimony. For instance, child support payments are not considered income or considered deductible for federal income tax purposes. Payments that are labeled as anything other than alimony are also not alimony for tax purposes.

Ideas for helping your children come to terms with your divorce

You probably remember exactly where you were, perhaps even what time of day it was, when you told your children you were getting divorced. If you have several children of various age ranges, their reactions may have varied. Perhaps you have a quiet child who immediately became even more introverted, or an assertive child who gave personal opinions about your decision. Your kids may have shed tears or expressed anger or worry as well. After all, they love both parents, and the unknown can be quite scary at times.

Handling credit scores after divorce

While there are several pressing matters to attend to when going through a divorce, Kentucky residents should make time to think about credit scores. When possible, couples must work together to untangle credit and build good credit history. This is because both parties can be hurt when failing to pay off joint accounts even if one person agreed to make the payments.

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Dietz & Overmann, PLLC
130 Dudley Road Suite 150
Edgewood, KY 41017

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