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The likelihood of divorce and factors affecting it

On behalf of Stange Law Firm, PC posted in divorce on Thursday, June 29, 2017. Divorce statistics are calculated in a number of different ways, and each sheds a different kind of light on the divorce rate. Certain factors also raise the likelihood that any one Missouri couple might get a divorce. While the divorce rate may be around 40 to 50 percent, there is more complexity to this picture than is immediately apparent. The crude divorce rate looks at its prevalence throughout the population annually regardless of age or marital status. In the United States, it is about 3.6

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Tax court says no alimony deduction without formal agreement

On behalf of Stange Law Firm, PC posted in divorce on Friday, June 23, 2017. In a Missouri divorce settlement, a person might agree to pay alimony to a former spouse. That alimony is usually tax-deductible, but it is important that it be mentioned in the formal divorce agreement. Otherwise, according to the U.S. Tax Court, it is not deductible. In the case that the Tax Court heard, a man filed for divorce in 2007 and signed an agreement with his wife regarding splitting with her a bonus he had received in 2006. Later, as part of a temporary support

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How to handle income inequality in a Missouri marriage

On behalf of Stange Law Firm, PC posted in divorce on Tuesday, June 20, 2017. Income inequality is a topic that has drawn a lot of attention in a variety of contexts. It has impacted many different aspects of people’s lives including who they marry. In this regard, “associative mating” has become a popular trend as individuals look for others who have similar levels of education and similar income potential. This is different from the 1950s when women would look to marry those who had more money or education. This new phenomenon has limited a person’s ability to move within

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Child support after bankruptcy

On behalf of Stange Law Firm, PC posted in child support on Thursday, June 8, 2017. When Missouri parents divorce or separate, the non-custodial parent may be ordered to pay child support. These funds are used for the everyday expenses of raising a child, including food, housing, clothing, school fees and health care. Most parents pay child support willingly and take this responsibility seriously. There are, however, some cases in which people who have child support obligations find themselves in adverse financial circumstances. Despite their best efforts, it may become difficult, if not impossible, to make the agreed-upon monthly payments.

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How to avoid end-of-marriage financial woes

On behalf of Stange Law Firm, PC posted in divorce on Monday, June 5, 2017. Divorcing couples in Missouri often face a combination factors that make it difficult to make wise decisions. Ending a relationship is an emotional situation that presents many complex options. When people don’t clearly understand the divorce process and the associated laws, it can lead to financial ruin and cause even more emotional damage to everyone involved, especially children. Therefore, divorcing parents should be aware of strategies on how to protect their assets for a better financial future after the split. After divorcing, it’s essential that

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How paternity is established in Missouri

On behalf of Stange Law Firm, PC posted in fathers’ rights on Tuesday, May 23, 2017. In the state of Missouri, paternity is generally established in hospitals shortly after children are born. Unmarried parents do this by voluntarily declaring paternity in documents known as Affidavits Acknowledging Paternity. When these forms have been properly completed and signed, paternity is established and the father’s name is placed on the child’s birth certificate. The mother’s name is placed on the birth certificate even if no Affidavit Acknowledging Paternity is completed. Parents who fail to file an Affidavit Acknowledging Paternity when their children are

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