Parents in Missouri and throughout the country tend to have more flexibility when it comes to custody arrangements these days. In the past, a custody arrangement usually stipulated that a father would have limited time to see his children. However, custody...
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Divorce later in life can carry financial consequences
For couples in Missouri who reach the decision to divorce later in life, the financial impact of the end of a marriage can be particularly jarring. Deciding to divorce after 50 can mean that the partners involved have less opportunity to make a financial recovery...
Mistakes to avoid when dividing a retirement account
When a couple in Missouri is getting a divorce, it might be necessary to make distributions from a retirement account as part of the divorce settlement. If the account is an IRA, this is fairly straightforward although the couple will still need to observe certain...
Early financial planning helps mitigate divorce impact
It may seem illogical to prepare for a potential divorce while also planning a wedding, but that is exactly what many pragmatic couples in Missouri and elsewhere are doing. High divorce rates make asset protection a concern in the event a marriage fails, and...
What is a QDRO and why might you need one?
When going through divorce, many aspects of your life and your soon-to-be ex-spouse's life will need assessing. Because you will essentially split two shared lives into two individual lives, many minute decisions will need making. In particular, you may have concerns...
