When people get married, they combine their income and households to secure a better standard of living for both spouses. When they divorce, they have to find a way to split up their shared assets and establish separate households. Oftentimes, divorce leads to at...
Retirement accounts acquired during a marriage are generally considered marital property subject to division between spouses. Like all marital assets in Missouri, they’re expected to be divided in a “just” or equitable manner – which may not be 50/50. Factors taken...
Unless a divorcing couple negotiates specific arrangements to the contrary, chances are good that their retirement accounts will be subject to division during a divorce. Any marital income contributed to the accounts are likely to be considered part of the marital...
There are some financial assets that you can divide fairly easily when you get divorced. For example, you may have a small checking account where you keep money for daily spending. You can simply divide the contents of this account between you and your ex. There...
Unless you already have an agreement with one another, the division of your property as you prepare to divorce is typically a major challenge. However, it is more difficult for some couples to handle property division matters than it is for others. The more valuable...
An inheritance can be one of the more difficult things to divide during a divorce case. For one thing, it may be a very substantial financial asset, and it could be worth as much as anything else that the family owns. For another thing, it’s a problematic asset...
Career success often means more pay and a more prestigious role at the company that employs you. As your title becomes professional and your overall compensation increases, the compensation you receive also tends to become more complex. Your employer may want to offer...
As you begin going through your divorce, one of the topics that will come up is how to divide your pension or retirement accounts. The order that you will need is called a Qualified Domestic Relations Order, or QDRO. A QDRO is an order that a judge issues. This court...
Your biggest assets often become the focal point of disagreement with your spouse during a divorce. Couples frequently fight over marital homes and retirement accounts. A family business or professional practice can also be an asset that spouses must handle carefully...
As you prepare for the divorce process, you should expect to have both questions and concerns. And for many people, these revolve around asset and debt division. It goes without saying that you have two goals in your divorce: Secure as many assets as possible Move on...
