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property division Archives

Who gets the pets in a divorce?

Property division is rarely easy for couples in Missouri. However, when a beloved pet is at the center of a custody dispute it can be downright heartbreaking. While you can ultimately leave the decision up to court, there are steps you and your former spouse can take to decide on your own. In this case, PetMD offers the following advice.

Are post-nuptial agreements enforceable?

While both documents serve the same purpose, post-nuptial agreements differ from prenups in that they are created after a marriage is already in progress. As a result, many people question their validity and worry that they will not be upheld should a divorce occur. The Spruce explains what elements must be present to ensure a post-nuptial agreement is enforceable in court.

Equitable distribution of property in complex divorces

Regardless of whether your Missouri divorce proceedings are amicable or contentious, disentangling the finances and ensuring asset division is equitable can be challenging. This is especially true when the process involves a business, children and high-value assets. Turken & Porzenski, L.L.C, often represents clients who need experience navigating complex divorce proceedings.

Who gets the ring in a divorce?

When you are in love and decide to get married, one partner typically buys a ring for the other to propose marriage. Engagement rings are often expensive or sentimental in nature. They become a symbol of the love between you as a couple. However, when the marriage ends in divorce, the engagement ring can be a disputed piece of property.

Appraising your business for a divorce settlement

A divorce can be a complicated, heart-wrenching and often frustrating process; even when both of you agree it is the best step. When one or both spouses own their own company, getting a valuation that reflects the value is critical. At Turken & Porzenski, L.L.C., we have experience representing clients whose divorce proceedings include business valuation and division.

How can I successfully negotiate a divorce settlement?

Dividing property and assets can be difficult for most Missouri couples facing divorce. Even if you have a good idea of who owns what and how marital property should be divided, your spouse might not feel the same way. That’s why BankRate.com offers the following tips to couples, to ensure they enter into negotiations fully informed.

Dealing with a 401k in a divorce

A 401k is likely not the first asset that comes to mind when divorcing couples in St. Charles start to discuss property division. Yet by the conclusion of divorce proceedings, how such an account is divided can easily be one of the most contentious issues. Indeed, according to a survey of the American Academy of Matrimonial Lawyers, those polled claimed that 62 percent of their clients fought over the equitable distribution of retirement accounts. 

Why do I need a prenuptial agreement?

Say the words “prenuptial agreement” and you are almost sure to see a frown on the face of anyone and everyone in the room. Missouri residents, as well as those in other states, may see such documents as a harbinger of doom to a couple planning a marriage, or at the very least, not a great way to start such an endeavor. But prenuptial agreements have benefits too, some of them reaching beyond the marriage to include security for family members too.

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