What to do with the family home in a divorce can be a difficult decision for some Kansas couples. If one individual decides to keep it, there are still a number of steps to take.
For Kansas residents, divorce is often a difficult transition. Many factors must be considered including spousal support, child custody, child support, property division and more. The personal and emotional impact is significant, so it can be beneficial to have various coping mechanisms.
Kansas couples might be concerned with the impact money has on marital satisfaction, particularly in light of the belief that money issues are often linked to dissatisfaction in marriage. They might be surprised to know, however, that a study published in the journal Social Psychology and Personality Science found that socioeconomic factors did not affect happiness and satisfaction in marriage as previously believed.
Divorce and its aftermath are difficult for all involved, especially children. Parents in Kansas can help their children navigate the difficult transition that takes place after a divorce, which can include moving homes, changing routines and having to live without both parents together.
More people in Kansas and across the country are choosing to divorce later in life. In the past 20 years, divorces involving couples aged 50 and up have more than doubled nationwide. In 1990, only 10% of people seeking divorces were over 50, but a full one-quarter of divorcing spouses were over 50 by 2010. There are a number of reasons for these changes, including the fact that people who are more socially comfortable with divorce are now older. In addition, people are more likely to divorce in second or later marriages; not all of these divorces involve long-standing couples.
For people in Kansas, divorce can mean both emotional and financial turmoil. The former can make the latter worse, so it is important to start with a practical plan for one's finances. People should make a short-term budget that encompasses new expenses, such as new health insurance and a new vehicle. The budget can be revised after three to six months once the person has a better handle on expenses.
A divorcing parent who wishes to gain sole ownership of the family home in Kansas has several choices. Divorcing parents may decide to let the children grow up in their family home only to sell the house later and split the proceeds. Child custody, parenting plans and visitation options are not permanently decided.
Social media is increasingly pervasive in Kansas and across the country, and participating in it can be problematic for people who are approaching or going through a divorce. For people who are considering ending their marriage, it can be a good idea to take precautions with regard to social media use. Once something has been posted online, it is out there for the world to see, which means it could become fodder for use by adverse parties or their lawyers. Damage control prior to divorce can be performed by removing mean-spirited, negative or lewd comments or posts.
Kansas residents might be surprised to find out that divorce filings increase significantly in March and August, according to a study presented at the American Sociological Association in 2016. While experts say that there is no perfect time to file for divorce, the preparation for it should begin months before.
Since Kansas is an equitable property state, if residents get a divorce, the court will take several factors into account when deciding how to divide student loan debt. For example, if one person cosigned for the other spouse's student loan, then both people will probably be responsible for the debt. If one person came into the marriage with student loan debt, it will probably not be considered marital property, and that person will continue to be solely responsible for it.