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Women in Kentucky may divorce their husbands because of issues such as infidelity, abuse of alcohol or drugs, or domestic abuse. Many marriages also end because of financial issues.The reason for divorce in many cases may come down to problems with communication....
Dissolved marriages involving couples 50 and older are known as gray divorces in Kentucky and other states. These types of separations, which have more than doubled in the past two decades, present a unique set of monetary challenges that can be difficult for the...
People with significant assets have to consider how divorce will affect their taxes. Previously, when one spouse paid alimony to the other, that alimony was tax deductible for the person paying, and the person who received the payment was responsible for paying tax on...
A divorce can create new financial challenges, but there are steps Kentucky estranged couples can take to meet them. People should set aside money for divorce costs and create a short-term budget. This budget needs to acknowledge any new expenses, such as new auto...
Many people in Kentucky feel deeply attached to the family home, even after they decide to divorce. They may want to keep the home even after the divorce is finalized. It is often important for people to engage in financial planning in order to protect their ability...
Most parents who owe child support make payments on time and in full, but there are a few bad actors who purposefully under-report their earnings or earn less than their full potential just to avoid payments. This is commonly known as involuntary impoverishment, and...
