Division of Marital Property
Property Division Attorneys and Debt Allocation
The division of marital assets and debts is often one of the most contentious and complicated aspects of a divorce. The attorneys at Farrell & Martin have the knowledge and trial experience necessary to attain the property division to which you are entitled.
Our firm works with CPAs and other financial experts to resolve asset and debt disputes. We will help create property settlements which account for business assets, debts, tax obligations and retirement funds. Our lawyers will examine all aspects of our clients’ situations and provide knowledgeable advice that meets their individual needs.
For more information about property division in St. Peters, St. Charles County and the surrounding communities of Missouri, contact us at Farrell & Martin and speak with an attorney at 636-397-2600.
Equitable Property Division in Missouri
In the state of Missouri, property and assets are divided by the court according to equitable distribution. This equitable distribution, however, is not necessarily a 50/50 division, as the Courts of Missouri take several factors into consideration, including:
- Economic circumstances of each spouse
- How much each spouse contributed to the acquisition of property
- Estimated value of each spouse’s non-marital property
- Conduct of each spouse during the marriage
- Custody and visitation rights
There are many types of assets which can be difficult to properly evaluate and divide. These include retirement assets, such as 401(k)s and IRAs, as well as debts and business assets. Separating marital property and separate property can also be difficult and contentious. It is important to have an advocate on your side to protect your rights and ensure that your marital assets are divided in as fair a manner as possible.
Contact an Experienced Attorney for Your Divorce
At Farrell & Martin, our attorneys are experienced at handling matters related to divorce, including the division of property and other marital assets. If you are going through a divorce that involves complex assets or high net worth, contact us at our office in St. Peters and schedule a free initial consultation.
Call us at our office in St. Peters at 636-397-2600 to schedule an appointment.