Conflicts over the division of property are one of the most challenging aspects of divorce. On the surface, it may seem as though spouses are merely fighting over material possessions. However, the issue is a bit more complex than that.
Fights over property are actually fights over standard of living. You want to make certain that you have sufficient money and assets after your divorce to maintain a comfortable standard of living. An experienced attorney can
Understanding How Division Of Property Works
First of all, it is important to know that only marital property is subject to division during a divorce. This is property that was obtained during the marriage. Property obtained prior to the marriage, as well as some property such as gifts or inheritances that was obtained during the marriage, is considered nonmarital property and is not subject to division. We take great care in separating and protecting your nonmarital property.
Missouri is an equitable division state. That means that marital property is to be divided equitably. Equitable means fair. Sometimes, equal is fair. Property may be divided 50-50. In many cases though, a fair division of property requires that one spouse get a larger portion of the assets to compensate for lower income, lower earning potential or other factors. We carefully review all factors in pursuit of a division of property that is truly fair to you.