Archives

Closing a joint bank account

On behalf of Stange Law Firm, PC posted in divorce on Thursday, August 24, 2017. Property division can be a contentious divorce issue. Couples in Missouri who are getting a divorce and have a joint checking or saving account should know how to close a joint bank account, and if need be, without the permission of other owners of the account. Typically, banks will require that an account holder come to the bank to close an account in person. Even though it may not be necessary to have all joint account holders present to close the account, having them there

READ MORE

Financial results of divorce often hit women hard

On behalf of Stange Law Firm, PC posted in divorce on Wednesday, August 16, 2017. Many factors influence the financial outcomes for Missouri women after a divorce. Societal factors like pay gaps between men and women and traditional gender roles contribute to lower incomes for divorced women. Taking too long to create a post-divorce budget also diminishes the financial futures of some women. A divorce often results in a drop in income. The Bureau of Labor Statistics calculated that earnings for married women exceed earnings for other women by roughly 20 percent. Divorce erases this advantage. According to the U.S.

READ MORE

Women more likely than men to file for divorce

On behalf of Stange Law Firm, PC posted in divorce on Thursday, August 3, 2017. Like all other states, Missouri has no-fault divorce laws, meaning that a filer does not have to provide grounds for seeking a dissolution of his or her marriage. When no-fault laws were initially passed, some where concerned that men would use no-fault divorces as a way to abandon their families, potentially leaving their wives and children in poverty. However, a study showed that approximately 80 percent of all divorces are initiated by women. Although the idea of what constitutes a marriage has evolved over the

READ MORE

When parents interfere with visitation rights

On behalf of Stange Law Firm, PC posted in fathers’ rights on Friday, July 28, 2017. Missouri parents who have gone through a divorce and who have custody and parenting time orders in place are required to follow them. If issues arise and one parent tries to interfere with the time allotted to the other, that parent may be subject to both civil and criminal penalties for doing so. When parents of minor children decide to end their marriage, they sometimes will negotiate parenting time agreements on their own. Filing these agreements with the court can help the parents with

READ MORE

Understanding divorce

On behalf of Stange Law Firm, PC posted in family law on Thursday, July 20, 2017. Couples in Missouri who are considering ending their marriages should have a clear idea of exactly what a divorce does and how it can affect the rest of their lives. Having a realistic view of what to expect and understanding the futility of attempting to predict how the divorce court may rule in a certain matter can help divorcing individuals be more satisfied with the outcome. Divorce is useful for allocating property between soon-to-be ex-spouses. Normally, the assets in a marriage will be divided

READ MORE

Common falsehoods about divorce

On behalf of Stange Law Firm, PC posted in divorce on Thursday, July 13, 2017. Missouri couples who are going through a divorce might be offered advice from friends, acquaintances and family, but that advice might not always be accurate. For example, they may hear that it is possible to save money by having both of them use the same attorney, but that presents a conflict of interest and is an ethical violation. Another misconception is that marital misconduct will be irrelevant in a no-fault divorce. Cheating by one party, however, might still affect division of assets or other aspects

READ MORE