Multi-State Divorce & Family Law Blog by Stange Law Firm, PC

The division of property is often a contentious aspect of any divorce, but it can be even more complex when there is a business involved. No matter who has ownership or a stake in the company, it must be appraised and valued during the division of property. The valuation of a business can severely impact the outcome of a separation settlement. Marital and Separate Property in Equitable Distribution States In most states in the Midwest, the division of property during a divorce is done through equitable distribution. This means that assets are split fairly, but not necessarily equally, between spouses.

Divorce is sometimes the right choice for a couple, but it can still be overwhelming. Many couples planning to get divorced are wary of the long process it involves. Luckily, there are steps you and your spouse can take to make it faster and less stressful. This can make life easier for you, your partner, and any children you have. It can also save you time and money. Mandated Waiting Period Some states in the Midwest have mandated waiting periods. This means that, if you file for divorce, the soonest you can finalize the process is at the end of