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Property Division Archives

How is an inheritance handled during divorce?

33873157_s.jpgInheritances fall under the property division process during divorce. As a result, divorcing spouses may have questions related to how an inheritance is handled during this process, as well as methods to protect an inherited asset or property from division when a marriage dissolves.

The basics of commingled assets

28342750_S.jpgAs this blog has discussed before, marital property is subject to the property division process when a couple divorces. This means that separate property is not subject to the property division process but there is a third category of property that can come up during divorce and property division that divorcing couples should be familiar with which is commingled property.

Appreciation of separate assets may be open to property division

91325671_S.jpgThere's nothing easy about divorce. The marriage dissolution process often has very real emotional consequences, even if divorce ends up being better for an individual in the long run. Additionally, divorce can have a tremendous financial impact on an individual, which might make life post-divorce all the more challenging. This is why it is critically important for divorcing individuals to be aggressive during the property division process, which starts with knowing what assets are in play.

Divorce, property division, and refinancing the marital home

87155831_S.jpgDivorcing couples often struggle to figure out how to divide their marital assets. Successfully divvying up this property is often dependent upon accurate valuations and a firm understanding of one's post-divorce financial goals. Although most couples are able to fairly divide retirement and bank accounts as well as pieces of personal property, the marital home is an asset that often brings up a lot of issues.

What are the different types of property during divorce?

21860558_S.jpgThere are generally two primary categories of property during divorce and property will be defined as one or the other to help decide what is divided and what will not be subject to the division process. Sometimes considered a third category or property, or simply a separate designation, is commingled property which it is also helpful for divorcing couples going through the property division process to understand.

Be careful when divorcing; it may affect your credit score

58229841_S.jpgIf you're considering divorce, then you've got a lot on your plate. You need to consider how your child custody arrangements will be laid out, how marital assets will be divided and whether alimony will be paid. Navigating the tangled web of divorce can be overwhelming and much more complicated than initially thought. Since many Midwesterners going through marriage dissolution find themselves down in the weeds trying to figure out matters like whether visitation drop offs will occur at the mall or a parents house and the value of a long treasured family heirloom, it can become easy to lose focus of the big picture.

Property division basics in Missouri

38072942_S.jpgHow property is divided during divorce is an important concern for couples in Missouri. Understanding some property division basics can be helpful to ensure that divorcing spouses can protect their interests and reach a property division settlement agreement that both parties can live with.

Property division critical in gray divorces

98229462_S.jpgDivorce can take an emotional and financial toll on people of all ages. Short-term and long-term marriages can both have tremendous ramifications when they end in divorce, which is why Midwesterners need to do everything they can to protect themselves and their well-being when marriage dissolution is on the horizon. While this often means surrounding one's self with supportive friends and family, it also means knowing how to utilize divorce laws to one's advantage.

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  • Saint Louis County: 120 S. Central Ave., Suite 450, Clayton, MO 63105: Clayton Office
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  • Jackson County: 256 NE Tudor Rd., Lee's Summit, Missouri 64086: Lee's Summit Office
  • Jefferson County: 16 Municipal Drive, Suite C, Arnold, MO 63010: Arnold Office
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  • Franklin County: 5 S. Oak St. Union, MO 63084: Union Office
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  • St. Clair County: 115 Lincoln Place Ct., Ste. 101, Belleville, IL 62221: Belleville Office
  • Madison County: 25 Professional Park, Suite B, Maryville, Illinois 62062: Maryville Office
  • Sangamon County: 400 S. 9th St., Suite 100, Springfield, IL 62701: Springfield Office
  • McLean County: 1012 Ekstam Drive, Suite 4, Bloomington, IL 61704: Bloomington Office
  • Johnson County: 7300 West 110th Street, Suite 560, Overland Park, KS 62210: Overland Park Office
  • Sedgwick County: 2024 N. Woodlawn Street, Suite 407, Wichita, Kansas 67208: Wichita Office
  • Shawnee County: 800 SW Jackson Street, Suite 812, Topeka, Kansas 66612: Topeka Office
  • Tulsa County: 6660 S. Sheridan Road, Suite 240, Tulsa, Oklahoma 74133:  Tulsa Office
  • Oklahoma County: 2601 NW Expressway, Suite 411 W, Oklahoma City, OK 73112:  Oklahoma City Office
  • Monroe County: 116 W. Mill St., Waterloo, IL 62298 (by appt. only): Waterloo Office
  • St. Louis City: 100 S. 4th St., #549, St. Louis, MO 63102 (by appt. only): St. Louis Office
  • Jackson County: 2300 Main St., #948, Kansas City, MO 64108 (by appt. only): Kansas City Office

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