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Fair Division: The Process of Separating Assets & Debts in a Missouri Divorce
Manage episode 466340009 series 3600270
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Episode Summary
In this episode of Navigating the End of a Marriage, host Kevin Rosenquist and experienced divorce attorney Anne Moody Johnson delve into the complexities of dividing property and debt during a Missouri divorce. Anne breaks down what qualifies as marital property and debt, explains the equitable division process, and highlights key considerations, such as inheritance, commingled funds, and hidden assets. The conversation also touches on preparing for divorce proceedings, including the necessary documentation and common pitfalls. This episode provides essential guidance for navigating one of the most challenging aspects of divorce.
Timestamps:
[00:00–00:30] Introduction and overview of the episode.
[00:30–02:10] Understanding marital property and debt in Missouri.
[02:10–03:55] Timing considerations and 50/50 division standards.
[03:55–06:23] Commingled funds and how they impact property classification.
[06:23–09:02] How courts handle separate and combined accounts.
[09:02–10:24] Consequences of hiding assets during or after divorce.
[10:24–12:33] Handling unknown debt and its impact on division.
[12:33–13:58] Finalizing property and debt division during the divorce process.
[13:58–16:01] Preparing for a divorce consultation: essential documents and information.
[16:01–16:59] Final thoughts, advice, and closing remarks.
About The Show
Navigating the End of a Marriage is a podcast hosted by Kevin Rosenquist and experienced divorce attorney Anne Moody Johnson, providing listeners with practical insights and compassionate guidance on navigating the complexities of separation and divorce. Each episode dives into crucial topics like property division, custody arrangements, and financial planning, helping individuals make informed decisions during challenging times. Whether you’re considering divorce, currently navigating the process, or simply curious about the legal and emotional aspects, this show offers clear advice and relatable discussions to empower listeners every step of the way.
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