The divorce process can turn someone’s life upside down in different ways, whether they face financial challenges as a result of family law issues such as child support or property division or they have high stress levels due to a dispute involving the custody...
High Asset Divorce
Should the marital home be sold in divorce?
Going through a divorce is an emotional rollercoaster. Many couples with children want to give their kids some stability during this difficult time and see keeping the family home as a key way to do that. By staying, the children can keep going to the same school and...
Can a small business be considered marital property?
If you own your own business and are going through a divorce, you may be wondering if your business can be considered marital property. The short answer is: yes. Small businesses are like any other asset in a marriage. If a judge deems your business to be marital...
What are postnuptial agreements?
Many couples experience trouble during the course of their marriages. When this occurs, a postnuptial agreement can be a means of rectifying ongoing issues and spelling out just what would happen should a divorce occur. The Spruce explains postnuptial agreements...
Valuing a business for a divorce
A couple has reached the end of a marriage. But this couple has achieved financial success and accumulated property and assets, including a business. To reach a fair settlement, the spouses need a valuation of the business, so they can effectively divide this...
Can organization help improve the outcome of my divorce?
Several factors can influence the outcome of your divorce. Some of those factors may be out of your control. However, your organization is one aspect of the divorce process you can control, and it can be beneficial to make the most of every factor you can control....
Filing for divorce after a spouse moves overseas
There are countless reasons why marriages crumble, but some divorces are very unique. For example, a spouse may move to another country, whether they want to live in the country they grew up in or they have decided to relocate across the world for work. When someone...
What happens to your family business during a divorce?
If you and your spouse are a high-asset Missouri couple headed for divorce, your family business may well constitute your largest marital asset as well as your family’s only source of income. This is why you need to carefully consider what to do with it when you...
The Gray Divorce: Divorcing at 50+
According to Forbes, roughly 25 percent of divorcees are over the age of 50. Although people often find it difficult to readjust to being single at this stage in their lives, many Missouri residents do, and they’re thriving. One way that divorcees ensure a...
How your divorce can benefit from a forensic accountant
Divorce affects Missouri families of all types, from high-profile power couples to the family down the block. However, when it comes to complex divorces, sometimes additional expertise can ensure an equitable division of property. The team at Turken & Prozenski,...