Who wants what property-wise can play an enormous role in divorce negotiations/proceedings. Sometimes, both spouses will strongly desire to keep a certain piece of marital property. For some types of property, one option that might be available in such a situation is to physically split the property, so each person gets some of it.
Many things can be a part of a person's everyday reality post-divorce. If they have kids, one such thing can be co-parenting with their ex. While one would hope the co-parenting relationship with one's ex would go smoothly, this doesn't always happen. Conflicts can arise between co-parents over many different things. Some examples of things that can be sources of conflict among divorced parents when it comes to co-parenting include:
Most readers are probably aware that, when it comes to property division, different states have different rules. A small group of states utilize an approach to property division known as "community property," which generally involves an equal division of marital assets. Most states, including Missouri, use an approach generally referred to as equitable distribution.
Divorce can be a simple process if you are still very young, have no children, have few assets and your finances are relatively basic. If you were married right out of college, or even during school, and are just starting your careers with modest salaries and your financial portfolio consists of mostly student loan debt, you may obtain a divorce relatively quickly here in St. Louis and go on with your separate lives.
Missouri Governor Jay Nixon signed House Bill 1550 into law, which will help promote more shared custody and visitation agreements between divorcing parents. The goal of the law is to ensure that fathers are not cut out of the parenting process by unfair and out-of-date custody or visitation agreements.
A divorce often requires a reassessment of your living arrangements. Questions of whether you should stay in your home, and as important, can you afford to stay in your home arise. If you have children and have lived in the property for any length of time, you may have developed a strong emotional bond with the home. It may contain many of your fondest memories, you child's first steps, birthday parties, holidays and thousands of others.