When people in Kentucky prepare to divorce their spouse, often one of their greatest concerns is how this significant decision will affect their financial future and their ability to live independently after sharing a life with someone else for so long. While separation of a couple's assets may be lengthy, stressful and disappointing at times, there are things that people can do to facilitate the process and reduce the negative effects it may have on their life.
Sometimes when you get a divorce in Kentucky, you are your own worst enemy. There are things you may do to make the settlement turn out badly. It can help if you go into the process knowing what not to do ahead of time. Here are some mistakes to avoid in a divorce as noted by CNBC.
If you are like most people whose marriage is falling apart, you likely want to know how you can quickly and easily end the union. You may have even considered getting an annulment. While annulments are fairly easy to obtain because they acknowledge that the marriage never happened, very few couples actually qualify for an annulment. Moreover, those who do qualify must apply for an annulment within a specified period of time, otherwise they too forego their right to an annulment.
If you and your spouse in Georgia find yourselves facing not only extreme financial problems but also the potential end of your marriage, you are not alone. Money is known to be a contributor to marital strife for many couples and even to be a factor in many divorces. When you are in this situation, you will need to carefully assess your decisions about not just how to break up your assets but also your debts during your divorce. When serious debt is in play, your ability to communicate with your spouse may help direct some of your options.
As your divorce proceeds in Kentucky, you have decided that it is best that you relocate your home. This decision will enable you to move on and continue to positively and effectively reestablish your life as an independent person. At Fowler Bell, we have helped many people who are coping with the challenges of getting a divorce.
Most people look at marriage as an adult activity. However, up until recently in Kentucky, marriages were not limited to just adults. In fact, according to WAV3 News, the state had the highest number of child marriages in the country. In 2018, though, the governor signed a new law banning marriage for those under the age of 18.
One of the most difficult challenges of divorcing your spouse in Kentucky is the process of unraveling the years of shared experiences, relationships and assets, as you and your soon-to-be-ex prepare to part ways and live life as independent individuals once again. At Fowler Bell, we have helped many people as they work through the complications of divorce.
One step towards moving on following your divorce might be to move away from Lexington. If you choose to do this, you will no doubt want to take your children with you. Your ex-spouse, however, might not be okay with such plans. Countless people have come to us here at Fowler Bell PLLC in the same scenario concerned that their ex-spouses might be able to derail their plans to relocate. However, it is the court that you need to convince that your proposed move is in the best interests of both you and your kids.
Every divorce is unique, and each couple has a different set of hurdles to work through when they bring their marriage to a close. Some couples work together and end their marriage smoothly, while others become very contentious and result in drawn-out battles in the courtroom. If you are just thinking about whether or not divorce is the right move, you are in the midst of the process currently or your divorce is already finalized, there may be a variety of reasons why you should pay attention to the way in which you communicate with your spouse or ex.
According to FindLaw, Kentucky courts determine custody based on the "Best Interests of the Child" standard. "Best interests," in the context of child custody cases, means that the courts make all custody and visitation decisions and considerations with the overreaching goal of nurturing and developing the security, happiness, mental health and emotional development of the young person into adulthood. Most courts can agree that it is in a child's best interests to maintain a close and ongoing relationship with both parents. However, most courts also discover that they have a difficult time maintaining and promoting such relationships due to the practicalities of raising a child in two separate homes.