Advice About Property Division in Lee's Summit
At the Law Offices of Dennis Bonner & Associates, we advise divorcing spouses about the best ways to protect their interests on issues related to the division of marital property and debts. Contact us in Lee's Summit or Independence to learn how our lawyers on both simple and complex property division issues.
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Even in an uncontested divorce, it's good to know exactly what you're working with when you're working out your property division agreement. You should assume that any asset acquired after the marriage — except for gifts or inheritances — will be treated as marital property subject to division, but there are some finer points of this general rule to consider as well.
For example, the separate character of premarital assets can be lost if the spouses treat them as marital property during the marriage. Business interests or real estate acquired before the marriage are sometimes vulnerable to this commingling. Our attorneys can help you be sure of what's in and what's out of the marital estate. When a particular asset could go either way, we can present a strong case for your position in court.
We help our divorce clients work through marital property division problems in a wide range of situations, including:
- Business interests
- Professional partnership interests
- Real estate holdings in addition to the marital home
- Retirement and pension accounts
- Military pension benefits and privileges
- Marital or separate debts, including student loans, taxes or guaranties of business debt
- Prenuptial agreements
Missouri law does not require an even split of marital assets and liabilities — just a fair and equitable division. Property issues in divorce are usually negotiated together with alimony issues, and it sometimes makes sense to make concessions on one side to get advantages on the other.
The Law Offices of Dennis Bonner & Associates can explain how the legal and practical aspects of property division apply in your case, and can help you work toward obtaining your fair share. Contact us at either of our two locations for further information.
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