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Professional Practices

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Professional Practices

Professionals Have a Lot to Lose If They Lose Their Practice in Divorce

Licensed professionals stake their careers in their practice. It takes years to build up a professional reputation among clients and colleagues. Losing it all or a portion of it in a divorce property settlement can be a financial disaster that is impossible to overcome. If you are a professional going through a divorce, will your attorney know how to make sure your practice remains separate property? At Stange Law Firm, PC, we are skilled, experienced litigators who know the strategies for keeping your practice in your name. When we meet during an initial consultation, we will discuss the complex issues involved in your property settlement, including:
  • Fair valuation of your practice
  • Whether the appreciated value is subject to property transmutation
  • What part of your professional practice is subject to rules of property transmutation
  • How tax obligations and corporate structures might impact your settlement
  • What did your spouse contribute to the success of your professional practice and career
Your professional license may give you the capacity to increase your earnings, but it doesn’t guarantee your practice will be successful. Losing everything in your divorce isn’t equitable distribution. It is unfair and we will fight hard to make sure it doesn’t happen. We can help you with your professional practice no matter the practice, including:
  • Doctors and medical professionals, medical clinics
  • Dental practices, orthodontists
  • Chiropractic offices
  • Lawyers and law firms
  • Architectural firms
  • Other professional services

Contact a Multi-State Divorce & Family Law Attorney in Missouri, Illinois, Kansas, Oklahoma, Nebraska, and Indiana

To learn more about our approach to protecting professional practices, contact us online or by phone to schedule a confidential consultation at any of our convenient locations. We have locations in St. Louis, Chicago, Kansas City, Indianapolis, Springfield, Columbia, Wichita, Topeka, Oklahoma City, Tulsa, Omaha, Lincoln, and beyond.

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Helpful Information Regarding High Net Worth Divorce From our Webpage

To learn more about our work in the area of high net worth divorce, please follow the links below:
Do You Need a Last Will and Testament or an Estate Plan?
Everybody should consider making a will. However, a will is about much more than the division of a sizable estate, and making a will is not something that those with substantial assets.
Multi-state Trust Attorneys in the in Missouri, Illinois, Kansas, Oklahoma and Nebraska
As Stange Law Firm, PC, we can determine the right type of trust for your needs and objectives and select the type of trust that best protects your interests.
Valuing professional practices and businesses
Valuing a professional practice can be extremely difficult because much of the value is in the individual's contribution, not in merchandise or interests that can be easily divided. If you have questions, we have answers.
Pensions, IRAs and 401(k)s
Missouri law significantly affects the division of retirement savings accounts. If many of your assets are in IRAs or 401(k)s, we can talk with you about your options.
Qualified Domestic Relations Orders
QDROs create or recognize the existence of an alternate payee's right to receive all or a portion of the benefits payable under a retirement plan. We can explain what this means for you.
Divorce Tax Issues
For some, they can have significant questions and concerns about how getting divorced might effect them from a tax perspective. We can help ensure that clients can get the tax advice they need from tax professionals.
Maintaining Lifestyle
Many individuals have spent their entire life working hard in order to maintain a lifestyle that they have sought out. We can help individuals going through divorce ensure that they are put in the best financial position possible after a divorce.
Business Owners
Many individuals have spent their whole life trying to create a successful business or they have assisted their spouse build up this interest. It can be stressful when that business interest becomes part of a divorce proceeding. However, we an help ensure that a business interests are fairly evaluated.
Prenuptial & Postnuptial Agreements
Prior to entering into a marriage, or after the wedding date, many individuals are interested in putting together a prenuptial or postnuptial agreement to ensure that there are not lengthy and contentious divorce proceedings later if the marriage ends in divorce In these instances, we can help.
Farm Divorce
In certain cases, parties going through a divorce may own a family farm. This can result in the farm itself, equipment, livestock and other valuable assets being put in play in a divorce. We can help you if this is the case.
Stocks and Bonds
Many married couples also have significant sums in stocks and bonds. It's vital to work with an attorney to have an accounting of what is out there and to ensure it is properly addressed in family court.
Vocational Examination
The income producing potential of a husband and wife can be an important issue in a spousal support or child support case. A vocational examination can be useful in many of these cases where the current income of a party does not appropriately reflect what they could make.
Real Estate Portfolios
Real estate can be an important issue in divorce cases where the parties own rental property and other valuable real estate. We can work with parties in these types of cases to make sure these assets are property valuated and apportioned.
Delayed Compensation
In some situations, a party may be compensated through delayed compensation. This is an important area that should not be over-looked in a divorce.
Overseas Assets
Overseas assets can be significant issue in certain cases. It is vital that you have an attorney who understands how to address this issue
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Serving the St. Louis Metropolitan Area, Kansas City, Columbia, Springfield, Wichita, Topeka, Tulsa and Beyond in Missouri, Illinois, Kansas and Oklahoma

From our webpage, you can also read articles about family law, view informational videos, seminar videos, listen to our podcast, download our mobile application or view support calculators for MissouriIllinois and Kansas.

If you are looking to find and hire a child custody lawyer, contact us online or by phone to schedule a consultation at any of our convenient locations.

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Prenuptial Agreements Line by Line

Aspatore Books from Thomson Reuters Westlaw
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Strategies For Family Law Illinois

Aspatore Books from Thomson Reuters Westlaw
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Strategies For Military Family Law

Aspatore Books from Thomson Reuters Westlaw

Protect Yourself By Understanding Your Options and Knowing Your Rights

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Stange Law Firm, PC

120 S. Central Avenue, Suite 450

St. Louis (Clayton), Missouri 63105

Toll Free: 855-805-0595
Fax: 314-963-9191
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