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Showing posts with the label Filing For Divorce

How Property & Assets Are Divided In A Divorce

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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 ...

5 Steps To Take Before Filing For Divorce

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Filing for divorce is a big undertaking. Your life as you know it is about to change dramatically and permanently. Divorce proceedings can be challenging, time-consuming, and complicated, especially in high-asset divorces, even when there isn't a custody dispute. In order to set yourself up for success, you'll want to be sure that you get all your ducks in a row before really diving into the process. As your trusted divorce attorney at the Lake of the Ozarks , I'm here to share with you some of the important steps you should take before filing for divorce in Camden County MO .  1. Organize All Financial Documents One of the most challenging and intricate aspects of getting divorced is dividing financial assets and responsibilities. Before filing for divorce, you will want to have access to all documents that outline your assets and liabilities so that down the road you and your attorney can more accurately assess them with a value and determine which assets and deb...

3 Components of a Successful Divorce

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By nature, divorce tends to be messy, stressful, and overwhelming. Even if you and your spouse are in equal agreement that divorce is the right decision, you will still have to separate two lives that were inextricably combined for the past months or years. There is rarely an easy path (although some paths are certainly more challenging than others). The team at O'Donnell Law Center has a great deal of experience helping couples successfully navigate high-asset divorces at the Lake of the Ozarks  - but this concept can be confusing to some. What exactly counts as a "successful" divorce? What Count As A Successful Divorce? Before we can discuss what the characteristics of a successful divorce are, we must address what a successful divorce is not . A successful divorce does not mean getting everything that you want. It is extremely rare that divorcing individuals walk away from the situation feeling like everything panned out exactly as they were hoping it woul...

What NOT To Do When Getting A Divorce

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Even for the most mature, emotionally grounded individuals, divorce can be incredibly challenging and stressful. Even when both parties agree that divorce is the best option for everyone involved, emotions tend to run high and it can be hard to stay level-headed. Your Lake of the Ozarks divorce attorney can help you navigate your divorce in such a way that is as stress free and rational as possible. If you are getting a divorce at the Lake of the Ozarks , what you don't do can be just as important as what you do do. Here are a few reminders on what NOT to do, courtesy of the team at O'Donnell Law Center . Don't Forget To Update Your Will If you and your spouse had established a will while you were married, it is crucial that you update this document after the divorce is finalized. Chances are you will no longer want your now-ex-spouse to be your healthcare power of attorney, for example, and your assets may have changed during the divorce proceedings. You will want...

"We Want A Divorce, But Which One Of Us Should Leave The Marital Residence?"

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Unfortunately, divorce is a fact of life for many couples. It's no secret that divorce is a highly emotional and stressful event for everyone involved, and many couples feel overwhelmed at the very idea of filing for a divorce. As you work your way through the process, there are many factors that should be taken into consideration.  One of the most challenging decisions is who should move out of the family residence during the divorce proceedings. If remaining in the home does not present safety risks, then the decision to move out or stay in the marital residence may not be a simple one. Here is a brief look at a few of the factors to consider when deciding who should stay in the marital residence when filing for divorce, courtesy of your Lake of the Ozarks divorce attorney . Are There Children Involved? Divorce is already incredibly hard on children, and moving the children out of the marital residence may cause additional distress for them. If the children will be retainin...