divorce Tag

Setting Up And Modifying Spousal Support In Kentucky

Around the country, there is considerable hand-wringing about the purpose of alimony. Some believe that these support payment should be a mechanism that permanently equalizes the standard of living between the divorcing spouses while others see alimony as a means to an end. The Kentucky alimony law basically strikes a balance between these two extremes, because it allows for permanent payments as long as the obligee spouse can prove a financial or other hardship.

Modification can be a rather undertain proposition, since it can be based on objective income and expense data or on a more subjective relationship change.

Making And Breaking Premarital Agreements: A Primer

Just like there is nothing romantic about a life insurance policy, there is nothing romantic about a premarital agreement. But they both help people be prepared in case something unexpected happens, whether it be an untimely death or a divorce.

Premarital agreements have benefits during the marriage as well, because they eliminate money from the equation, and money is one of the leading causes of marital friction. These pacts can also set ground rules for inheritance and succession, so insecurity and doubt cannot take root.

Before the advent of the Uniform Premarital and Marital Agreements Act, the complex web of laws meant that only the super-rich needed to bother with premarital agreements. But because of the UPMAA, the law is now much easier to understand and apply.

Divorce, Child Support, And College Expenses

As the calendar inches towards spring, many Kentucky homes with high school seniors are abuzz with talk of post-secondary education. Along with the normal discussions about what school to attend, what course of study to pursue, and the number of campus bars within walking distance (parents, we all know this is a consideration), payment is usually a concern as well, especially given the skyrocketing tuition costs in Kentucky and elsewhere.

When it comes to divorced parents sharing a child’s post-secondary education expenses as child support, different states have different approaches. Just recently, Illinois changed its laws, and divorced parents must now essentially divide college costs proportionally between themselves. What is the law in Kentucky?