» Assets and Debts

Money is wasting away. Visual concept for a legal blog discussing squandering marital assets in divorce.

Recent Case Addresses the Issue of Squandering Marital Assets

Property division is a crucial issue in divorce. Under Missouri law, property and assets acquired during the course of the marriage must be distributed between spouses in a manner that is equitable — meaning fair. However, the process of dividing p… Read More
IRS refund check and 1040 tax form

What Happens to a Coronavirus Stimulus Check that Arrives During a Divorce?

The global coronavirus pandemic is a truly unprecedented event in modern history. It has caused extensive upheavals across Missouri, the United States, and the world. Much of our society has slowed to almost a halt as people practice “social distan… Read More

Spousal support awarded in 6.5 year marriage

Recent case from the Court of Appeals: Husband appeals from the trial court’s judgment, dissolving his marriage Wife, dividing the parties’ marital property, and ordering him to pay maintenance. On appeal, Husband asserts that the trial court err… Read More

Child support continued for child over age 18 with mental disability

Recent Case from the Missouri Court of Appeals: Mother appeals from a judgment modifying her child support obligation to continue support for a child beyond the age of eighteen. Mother argues that it was against the weight of the evidence to find the… Read More

Modification of spousal support order requires substantial and continuing change in circumstances

Recent Case: From the Missouri Court of Appeals, Modification of Spousal Support vs. Property Division Appellant Husband appeals the trial court’s judgment reducing, but not terminating, his maintenance obligation, retroactive to February 2015, and… Read More

Failure to include holiday or vacation schedule in parenting plan

Recent Case from the Missouri Court of Appeals: Parenting plans must contain holiday and vacation schedules; voluntary reduction in income does not support child support reduction Mother appeals the trial court’s judgment of modification for a fail… Read More

LAGERS Pension divided as a future asset

Recent Case: LAGERS Pension present value of zero but future payment divided Missouri Statutes require division of marital property, including local government retirement system benefits. The Circuit court treated the defined benefit pension as a fut… Read More

All financial resources can be considered for support, but parent must have some level of control over gifts and inheritances to count as income

Courts Bulletin: No financial resource is exempt from the court’s consideration for child support and maintenance calculation purposes. However, financial gifts from a parent or third party and lump-sum inheritances/financial gifts are considered a… Read More

Stock Split is Marital Property in Missouri Divorce

Recent Case: Split of Stock awarded to spouse is property of that spouse Wife appeals the judgment of contempt of the Circuit Court of St. Charles County ordering her to transfer 960 shares of stock to Husband. Decision upheld Because the dissolution… Read More

Guardian Ad Litem recommendation not binding; Custody findings required; Property division must be fair, not necessarily equal

Recent Ruling: Court not required to follow Guardian Ad Litem Recommendation, Specific findings under the 8 statutory factors required in Judge tried case Father appeals from the trial court’s dissolution judgment as to child custody and property d… Read More