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How Are Assets Divided In A Divorce In Kansas And Missouri

Posted by Drama Free Divorce | Feb 20, 2020 | 0 Comments

how are assets divided in a divorce in kansas and missouri

Drama-Free Divorce can offer guidance if you need an explanation of 'how are assets divided in a divorce in Kansas and Missouri?'. We also offer affordable financing solutions, starting at $500 per month for Kansas City residents, particularly in Kansas and Missouri, providing flexible payment options throughout your divorce proceedings.

Drama-Free Divorce's fixed pricing structure leaves no surprises for you to worry about, while our streamlined process eliminates court appearances, saving you from the stress and hassle associated with legal proceedings. Additionally, our compassionate attorneys understand and empathize with any emotional difficulty you may be facing during this difficult period.

Understanding the local dynamics of Kansas and Missouri can be essential when navigating the complicated process of asset distribution during divorce. This article will explore definitions of marital property in both states, whether it is considered 50-50 state status, the nuances of the property division process, and why it's essential to hire an attorney.

 

How Kansas and Missouri Define Marital Property?

Understanding how Kansas and Missouri define marital assets is the first step to solving the asset division puzzle. Kansas and Missouri differ from some states by adhering to equitable distribution principles that do not divide marital estate evenly but instead make adjustments according to various factors.

Kansas includes any assets acquired during marriage by either spouse regardless of who is listed on the title, while Missouri covers assets acquired during marriage except in certain categories like gifts or inheritances.

 

Is Kansas and Missouri a 50-50 State in Divorce?

Misconception of 50-50 Division. There's a popular misperception that Kansas and Missouri strictly adhere to a 50-50 asset division, however in reality the situation is more nuanced as both states adhere to equitable distribution principles which seek a fairer distribution of assets but may not always result in equal division.

 

How are properties divided during divorce in Kansas and Missouri?

Let's get down to the details of the property division. Courts take several factors into account when determining an equitable division of assets between spouses, such as length of the marriage, financial contributions by both partners, and future financial prospects for both.

This nuanced approach ensures a more tailored outcome, one that reflects the complexity of every situation.

 

Why Hiring A Divorce Lawyer Is Beneficial?

Divorce can be like sailing into unfamiliar waters without any direction, which makes hiring a lawyer for help an absolute necessity.

  • Legal Expertise: Attorneys have the knowledge and skills needed to help navigate you through the complicated divorce laws.
  • Negotiation Skills: Experienced attorneys are well-equipped to represent you during negotiations to secure the most beneficial asset division outcomes possible.
  • Avoiding Costly Errors: Legal proceedings can be complicated and involve many details. Consulting an attorney is often helpful in avoiding errors caused by a lack of legal expertise.

 

When should you hire an attorney?

Timing is everything when it comes to hiring a divorce attorney, so don't leave this decision until the last minute - otherwise, they might not have enough time to collect information or build your case effectively. Consult an attorney as soon as you're contemplating divorce to give yourself enough time for strategy and preparation.

 

What criteria can help me find a competent attorney?

Your choice of attorney can have an enormous impact on the outcome of your case, so when selecting one for a divorce or other family-related legal matter, keep these things in mind:

  • Experience: Look for an attorney with considerable expertise in handling divorce and family law cases.
  • Reputation: Reviews and testimonials can provide a snapshot of an attorney's reputation and success.
  • Communication: Ensure your attorney is responsive and readily accessible.

 

Why Choose Drama-Free Divorce:

Our team of attorneys brings experience and a history of positive results to each customer we represent. Communication is paramount - we want you to feel informed and empowered throughout this journey.

 

Suggestions for Action

  • Consultation: Reach out to one of our attorneys for a consultation about your case.
  • Gather Documents: As soon as you start considering divorce, gather together all of the financial and legal paperwork that will aid in its process.
  • Mediation Alternative: Mediation can provide an effective alternative to traditional dispute resolution processes.
  • Plan For The Future: Work with our team of professionals to strategize, plan, and prepare for life post-divorce.

To conclude, successfully navigating asset distribution in Kansas and Missouri requires both knowledge of local laws as well as an effective plan. Hiring an experienced divorce lawyer will not only provide legal expertise but will also protect your interests throughout the process. Contact us today at 816 615-5555 or send us an email on our Contact Page.

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