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January 2018 Archives

Money issues could lead to a high asset divorce in Kentucky

Many Kentucky residents may question whether the time has come to end their marriages. The circumstances under which a person lives his or her life could greatly impact this decision, and it is rarely an easy one to make. Even for parties with a considerable amount of money, relationships can dwindle, and as the saying goes, money cannot buy happiness, which could mean a high asset divorce is on the horizon.

Business interests could be at risk during high asset divorce

Successful businesses can often result in Kentucky residents accumulating a considerable amount of money. While these funds may have allowed them to live the lives they desired in a comfortable manner, they could also lead to a high asset divorce in the event that a couple choose to end their marriage. Because this possibility is likely on the mind of many business owners, they may wish to consider how to protect their assets.

Is nesting realistic in your situation?

In cases of divorce with minor children, nesting, also called bird-nesting, is one option that some higher-income parents consider. It is when the parents decide to keep the children in one home and rotate out. So, instead of the children going to a different home every week or every month, it is their parents who do that.

Child support negotiations may seem intimidating

Having children may have been one of the most joyous moments in the lives of many Kentucky residents. Now that the parents are getting divorced, they may have many fears when it comes to doing right by those kids. Though custody issues may be a main focus, making decisions relating to child support can also prove immensely important.

Control, manipulation may cause high asset divorce in Kentucky

The saying goes that money cannot buy happiness. For many Kentucky residents, this notion may be particularly true. Though they and their spouses may have a considerable amount of wealth, their marriages may not be filled with love and respect. Unfortunately, emotional abuse in these relationships may lead many individuals to filing high asset divorce petitions.

Chapman, Weinstein in line for a high asset divorce

Having millions of dollars can often allow individuals to feel financially secure. However, when some of those individuals find themselves going through a high asset divorce, they may soon begin to worry about potentially losing some of that security. These situations in particular can often result in complicated divorce cases that may take a significant amount of time to sort through.

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