Showing posts from September, 2016

How the Statute of Limitations Impacts Your Personal Injury Case

Clients often want to know if they’ve waited too long to file a personal injury lawsuit after an automobile accident. When you can file a personal injury claim as a result of injuries sustained in an automobile accident is governed by state law, referred to as the statute of limitations. This regulates the time limit an injured automobile accident victim may bring a claim for damages against an at-fault party, alleging that the at-fault party acted negligently or recklessly in causing physical injury and that you should be compensated as a result. If you have sustained an injury as a result of an automobile accident, contact O'Donnell Law Center  to discuss your options with a qualified attorney at the Lake of the Ozarks . Statute of Limitations If you’ve been injured in an automobile accident as a result of someone else's negligence, you have a limited amount of time to file your claim. In Missouri, the time limit is five years. If you do not file your lawsuit within

How Property & Assets Are Divided In A Divorce

What do you think are the most pressing issues on divorcing couple's minds? Determining how to divide jointly held property and assets is usually high on the list of priorities. Finding a fair and equitable way to divide property and assets is always essential. O'Donnell Law Center is here to help you get a better understanding how how these elements are typically divided during a divorce. Identifying All Properties & Assets The first step a person should take is to make a clearly defined list of all the properties and assets accumulated during the marriage. Such property may include: Your primary residence A second / vacation home Commercial land / buildings Vehicles Boats Valuable jewelry, antiques, and other pieces (or collectibles) Bank accounts Retirement accounts Life insurance policies CDs Stocks Bonds Cash   Marital And Non-Marital Property Missouri is considered a "dual-property" state. This means that property (as