For the most part, any inheritance received while you are married will be considered separate property when you file for divorce. This means that you will not have to divide this money with your spouse as part of the division of assets. But, there are some circumstances where an inheritance can wind up as marital property when divorcing in Louisville.
Getting a divorce is a serious decision that you should never make on a whim. You need to think it through because there will be a lot of implications on your personal life, especially if you have children with your spouse. One misconception about divorce is that it has a direct impact on your credit score. This is not true because your marital status is never listed on your credit report. There are indirect impacts on your credit score from divorce, however, and we will discuss them here today.
If you have filed for divorce in Kentucky, or are preparing to file for divorce, you need to tighten your belt straps immediately. The excessive spending on items other than the basic necessities has to stop. If you continue to spend on things you truly don't need while going through a divorce you will upset your spouse and could hurt your chances of having a successful divorce.
If you are preparing to go through a divorce in Louisville, you need to be especially careful when it comes to your social media use. Social media can be the downfall of your divorce case if you continue to post on it during your court proceedings. It might not seem like much, but a simple post of a picture or opinion on one of your social media pages can land you in a lot of hot water with your soon-to-be ex-spouse.
There is a problem out there that many parents are feeding into and it is the misuse of child support funds. Some parents feel that they can use payments received for child support for their own pleasure. Even though no one monitors how child support is used, when a parent requests more and there have been no changes in the child's life, it is usually assumed that the parent is using it inappropriately. Below you will find how to use child support payments for your child.
Many divorced parents can't hide their negative feelings toward their exes from their children. Even though experts universally caution parents not to criticize one another in front of or directly to their children, they do it anyway. Sometimes they can't help themselves. Other times, they're hoping to be the favorite parent.
The number of divorced people in Kentucky is a little higher than the national average, but still pretty low -- 3.8 people per thousand. However, if you're preparing to get married and you or your spouse own a business, a prenuptial agreement can help ensure that the two of you don't go have to go through the expensive, lengthy process of determining how that business will be divided if you do eventually divorce.
You used to have a problem with alcohol. It was one of the things that led to your divorce. Now you've been sober for awhile. However, your co-parent wants conditions placed on your ability to see your kids -- including use of an alcohol monitoring system to prove that you don't have alcohol in your system around your visitation times. Maybe they're asking that you submit to regular testing, whether you have the kids or not, to show that you're no longer drinking to have visitation or shared custody rights.
Nearly 80 percent of divorcing couples say that financial problems played at least some role in their break-ups. That's according to a study by Experian from last year. However, another study found that only 2 percent of married couples have prenuptial agreements. One attorney notes that they're even less common among people getting remarried, even though they often have more to protect, such as children from their previous marriages.
Parental divorce requires a multitude of transitions for kids. They may have to move to a new home or even a new town and new school. They may see one of their parents very little or almost never. Depending on how their parents divide custody of the kids, they may even no longer be living with their siblings.