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...
Month: December 2017
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...
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...
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...
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...
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...
Factors that older people should think about before divorcing
Over the past two decades, the divorce rate has increased for older spouses. While many of these people have had successful post-divorce lives, it is important that seniors in Kentucky understand the special issues they might face after a split. When spouses divorce,...