In a divorce, assets need to be split up between the spouses. This is typically a contentious issue, with the parties arguing over houses, cars, money, and other property of value.
Kentucky is an equitable distribution state, which means property is divided fairly. The state does not assume that you and your spouse both own all the property you are trying to divide.
Marriage does not always last forever, but when you think of married couples getting divorced, you may think of those who have not been married long.
However, even long-term couples can untie the knot at any time. In fact, the divorce rate for couples over the age of 50 has doubled since 1990. This shows that couples who have been together for two, three, or even four decades can still get divorced.
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