In divorce proceedings, assigning a value to a private business interest (whether owned by husband or wife) often leads to large disagreements when dividing property. Publicly traded interests (e.g., publicly traded stocks) are easy because those values are readily available. Private interests, however, are much more difficult because small businesses can be more economically volatie…
Legal Articles
Marital Property Division: Disclosure, Omission, Fraud, Mistake
Whether intentionally as part of a scheme to conceal and defraud, or an honest oversight, omissions occur in property disclosure statements and divorce decrees. In Missouri, the division of marital property — essentially all property and debt accrued/accumulated during the course of a marriage — is final and is not subject to division. Section 452.360.2,…
Division of Marital Assets in Divorce
When dividing marital assets in a divorce, a trial court has broad discretion and is to consider several factors. The specific factors a trial court should consider when dividing marital property are as follows: (1) the economic circumstances of each spouse at the time the division of property is to become effective, including the desirability…
Missouri Divorce
We offer free divorce consultations for divorce proceedings in Saint Louis County, Saint Louis City, Saint Charles, Jefferson County — and all other nearby counties in the Saint Louis region. For a couple to be divorced in Missouri, it must be shown that the marriage is “irretrievably broken.” This point is usually one that goes…
Missouri Divorce Attorney/Lawyer
In Missouri, Courts grant a divorce if a marriage is irretrievably broken. As a practical matter, parties in a divorce proceeding are usually in agreement as to this point, turning instead to the finer details that are involved in equitable distributing property and debts, while also (when necessary) trying to reach some common ground on…
Marital Home in a Divorce
Pursuant to Missouri Statutes, courts, if called up to divide property in a divorce, may consider a number of factors: (1) The economic circumstances of each spouse at the time the division of property is to become effective, including the desirability of awarding the family home or the right to live therein for reasonable periods…