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Prenup expected to guide Pitt/Jolie divorce

On behalf of Stange Law Firm, PC posted in divorce on Thursday, September 29, 2016. Although most Missouri divorces do not make headlines like the split between actors Brad Pitt and Angelina Jolie, many involve complicated property division issues. Many observers have assumed that Pitt and Jolie executed a prenuptial agreement prior to their marriage in 2014, but if so, the terms of the document have not been made public. The high-profile couple possesses sizable fortunes and have six children. In her divorce filing, Jolie expressed her desire for full custody of the children. If Pitt attempts to gain joint

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The growing popularity of pre-nuptial arrangements

On behalf of Stange Law Firm, PC posted in divorce on Wednesday, September 21, 2016. The ending of a marriage has the potential to be both unpredictable and traumatic. In the event that a marriage in Missouri terminates in divorce, the property of both individuals will be classified as either marital or personal. The marital property will be divided between the two departing spouses in a complex series of legal actions. If alimony is considered, one spouse could suffer extreme economic losses. That’s why many individuals who are entering marriage are deciding to protect themselves via a prenuptial agreement. Although

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Dividing a retirement account in a divorce

On behalf of Stange Law Firm, PC posted in divorce on Wednesday, September 14, 2016. In Missouri and around the country, the divorce rate is rising among people over 50. This age group was two times more likely to get divorced in 2014 than they were in 1990. People over 65 were three times more likely to end their marriages in that year compared to 1990. This means that retirement accounts are a big concern for many divorcing couples. Usually, retirement accounts are treated as marital property. This is the case whether one or both couples has been contributing to

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Determining the value of a business during a divorce

On behalf of Stange Law Firm, PC posted in divorce on Wednesday, September 7, 2016. When divorcing Missouri couples are determining how they want to divide their assets, they will also have to figure what is best for any businesses that were started during the course of the marriage. Before the assets can be properly divided, however, the value of the business must first be determined. In general, there are two different analyses that can be done to determine the value of a business. A full valuation is the actual monetary value of the business. This analysis is important if

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Helping kids adjust to divorce

On behalf of Stange Law Firm, PC posted in family law on Wednesday, August 31, 2016. Missouri parents place a huge priority on the well-being of their children. This is particularly true during and after a divorce. Even in amicable divorces, the transition from living together as a family to separate households can be very difficult for kids. That is why parents often take special care to minimize the trauma and to stabilize their lifestyle as quickly as possible. Mental health and family experts generally agree that there is a lot that parents can do to reduce the negative impact

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Study finds that divorce numbers rise in March and August

On behalf of Stange Law Firm, PC posted in divorce on Tuesday, August 23, 2016. Missouri couples who are contemplating ending their marriage may be interested to learn that a study found that divorce filings peak in August and March. The study, which analyzed filings from 2001 to 2015 in Washington state, found that the filing numbers peaked following the summer vacation period and winter holidays. Researchers suggested that the number of divorce filings rose in summer after the couple finished a final vacation as a family but before school started back up. When it comes to the rise in

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