Property Division Attorney in Joplin, MO
Dividing property during a divorce can be one of the most contentious and complex parts of the process. At Flex Legal Group, we help clients in Joplin, MO, protect their financial interests and achieve fair outcomes in property division matters. Whether you have significant marital assets or are working through the division of a modest estate, our legal team provides strategic and thorough representation to ensure that your rights are fully protected.
Property Division Under Missouri Law
Missouri follows the principle of equitable distribution when it comes to dividing marital property. This means that property is not necessarily split 50/50 but is instead divided in a manner that is fair and just based on the circumstances of the case. The court considers several factors in determining what is equitable, including:
- The economic circumstances of each spouse
- The contribution of each spouse to the acquisition of property
- The value of non-marital property awarded to each spouse
- The conduct of the parties during the marriage
- Custodial arrangements for children, if applicable
Flex Legal Group works closely with clients to gather financial documentation, evaluate the value of assets, and negotiate property settlements that reflect their needs and long-term goals.
Marital vs. Separate Property
A critical part of the property division process is determining which assets are marital property and which are separate property. Marital property generally includes all assets and debts acquired during the marriage, regardless of whose name is on the title. This can include income, real estate, vehicles, retirement accounts, investments, and more.
Separate property, on the other hand, typically includes:
- Property owned before the marriage
- Inheritances or gifts received by one spouse
- Assets explicitly designated as separate in a prenuptial or postnuptial agreement
We help clients accurately identify and classify their property, and we advocate for the proper exclusion of separate property from the division process.
Valuing and Dividing Complex Assets
Some property division cases involve complex assets, such as business interests, investment portfolios, or retirement accounts. These assets may require professional valuation to ensure a fair distribution. Our firm collaborates with financial experts, forensic accountants, and appraisers when necessary to accurately assess the value of such property and support our client’s position in negotiations or litigation.
Whether your case involves a family business, high-value real estate, or pension benefits, Flex Legal Group is equipped to manage the details and advocate for a resolution that protects your financial future.
Debt Division and Financial Responsibilities
Property division also includes the division of marital debt, such as mortgages, credit card balances, and loans. Missouri courts consider the purpose of the debt and the financial capacity of each party when determining responsibility. We help clients ensure that debt division is handled fairly and that no one is left with an undue burden.
Contact Flex Legal Group
If you are going through a divorce and need assistance with property division in the Joplin, MO area, turn to Flex Legal Group for knowledgeable and effective legal support. We are committed to protecting your rights and helping you reach a fair financial resolution. Contact us today to schedule a consultation and take the first step toward securing your future.