Kansas City Divorce & Family Law Blog by Stange Law Firm, PC

Asset distribution is a complex aspect of a divorce. Marital assets must be split between spouses in a separation agreement. In Missouri, assets are divided via equitable distribution if the couple separates through litigation. This means that assets are divided according to what the court considers equitable based on several factors. These factors include the contributions of each spouse to the value of marital property and the value of each spouse’s separate property. A complete valuation of separate and marital property is necessary during a divorce. In some divorces, spouses are not honest with each other about the assets they

During a divorce, one essential aspect is the division of property. To divide property between parties fairly, both spouses must provide information about their assets, property, and debts. This exchange of information is called discovery. When spouses are getting an uncontested divorce, this may be information they give to each other voluntarily to make negotiation or mediation go more smoothly. In some uncontested and in all contested divorces, discovery is a formal and court-ordered process. Contested vs. Uncontested Divorces A divorce is made up of several types of family law cases, including: Division of property Determining alimony Calculating child support