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High Net Worth Divorce Archives

Examining your ex-spouse's claim to your business assets

70654685_S.jpgDivorce in Springfield can be a messy affair, particularly if you and your soon-to-be ex-spouse have considerable assets to divide amongst each other. If your business is included in those assets, then like many of those that we here at the Stange Law Firm have previously worked with, you might be worried about how much interest your ex-spouse may profit from it once your divorce becomes final. Answering this concern first requires an explanation of how Missouri handles property division proceedings. 

Should I cash out my IRA during a divorce?

46008930_S.jpgMissouri spouses considering divorce know it is certainly not an easy decision to make, or an easy process to get through. Another significant hurdle in the process of dividing your lives into separate pieces is the division of assets. Divorce is a financial decision as well as an emotional one, and it reaches beyond choosing which spouse winds up with the house and car.

Dividing student loans in a divorce

21449053_S.jpgOnce you and your spouse have made the tough decision to end your marriage, you will likely face many more challenging decisions. If you are like many other couples in Missouri, how to split your assets and your debts will be some of the most difficult decisions you will need to wrestle with. While many people assume that if a debt is in one spouse's name only that person will assume all responsibility for it after a divorce, that may not necessarily be the case.

How does a QDRO work?

47609348_S.jpgIf you are one of the many people in Missouri eyeing a divorce this year, you will want to start learning how you may protect your assets. Certainly you know that splitting some assets with your current spouse is likely to be part of your ultimate divorce settlement. However, it is reasonable for you to seek ways to minimize some of your losses. If you expect that you may need to split a 401K or other employer-sponsored retirement account, you will want to know about the qualified domestic relations order.

How do I split a retirement account?

13371859_S.jpgIf you and your spouse have decided that you are going to get divorced in Missouri, you have no doubt wondered how you will split your assets and your liabilities. For many people, a home and a retirement account tend to be the largest and most valuable assets they have. While it may seem that splitting a 401K account should be relatively simple, special care must be taken in order to avoid paying out high penalties and taxes that essentially eat up a lot of your hard-earned savings.

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Springfield, Missouri 65806

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Other Office Locations

  • Saint Louis County: 120 S. Central Ave., Suite 450, Clayton, MO 63105: Clayton Office
  • West County: 16024 Manchester Rd., Suite 103, Ellisville, MO 63011: Ellisville Office
  • 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
  • St. Charles County: 2268 Bluestone Drive, St. Charles, MO 63303: St. Charles Office
  • Franklin County: 5 S. Oak St. Union, MO 63084: Union Office
  • Lincoln County: 20 Centerline Drive, Troy, Missouri 63379: Troy Office
  • Boone County: 1506 Chapel Hill Rd., Suite H, Columbia, MO 65203: Columbia Office
  • Greene County: 901 E. St. Louis, Suite 404, Springfield, Missouri 65806 Springfield, MO Office
  • St. Clair County: 115 Lincoln Place Ct., Ste. 101, Belleville, IL 62221: Belleville Office
  • Madison County: 5 Club Centre Ct., Suite A, Edwardsville, Illinois 62025: Edwardsville 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
  • 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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