The division of assets in divorce can be contentious. Who gets the home? How will the retirement accounts get divided? What may happen to the family business? While these examples represent some of the more common issues that surface when dividing assets, certain...
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Property Division
Combating dissipation of marital assets in divorce
The dissipation of marital assets represents a sneaky attempt for a spouse to avoid having the other spouse gain his or her rightful share. Such a development may surface in high-asset divorce cases through spending on lavish trips, extra-marital affairs, gambling and...
How is property divided in Missouri?
If you are facing divorce, you likely have serious concerns regarding the potential complications this process can have on your life. You may fear the possibility of losing your home, your savings and your financial stability. While divorce will bring significant...
The complexity of dividing digital assets
In recent decades, individuals have started living significant portions of their lives online. From shopping and communication to sharing vacation photos or new music, couples have followed this trend toward a digital presence. Unfortunately, when divorce becomes a...
If your spouse’s name is on the house, is it marital property?
When going through a divorce, you may have concerns regarding where you will live after the process is final and what will happen to the family home. A spouse may not want to give up the home, and there could be contentious legal battles over this valuable asset. If...
QDROs allow divorcing couples to divide retirement assets
Early in the experience of a divorce, most people hope for a short, simple and relatively positive experience while also fearing something quite different. Retirement accounts, for example, affect your quality of life over the long term and, even under the best of...
Tips for dividing marital property without a dispute
Every divorcing spouse wants to feel that they gained a fair outcome for themselves. However, they usually do not want to undergo a stressful and costly court battle to ensure this is the case. Many divorcing spouses find themselves stuck between wanting a positive...
How do the courts divide marital property in Missouri?
State laws can differ significantly when it comes to dividing property during divorce. This is why it is important to pay attention to the laws that specifically apply to Missouri if you are planning to divorce in the state.Missouri, like many states, does not...
Factors considered when dividing marital assets
In Missouri, assets divided during a divorce are subject to equitable distribution. This means that marital assets will not be automatically split 50-50 in the event of a divorce. If spouses cannot come to an agreement as to how assets should be split, the decision...
How marital property is divided in Missouri
When you go through a divorce in any state in the United States, you will need to go through the process of asset division. This means that you will have to categorize all assets as either marital property or non-marital property. Non-marital property refers to any...
