Missouri couples have faced unprecedented stress over the past several weeks. Schools, businesses, and even courts have been closed due to the state's response to a global health crisis. For couples that were considering ending a marriage, unexpected circumstances like unemployment or other financial matters may have put divorce plans on the back burner as households entered survival mode. Experts predict a surge in divorces in the coming months, and for people going through a high asset divorce, it may make good sense to act sooner rather than later.
Millions of Americans are receiving a stimulus check from the government, meant to help offset financial struggles many adults are facing due to business closures and loss of wages brought on by the spread of the coronavirus. While this is certainly a relief for people that are struggling to stay on top of household bills and other necessary expenses, the distribution process may be flawed. For Missouri residents that have gone through a high asset divorce in the last tax year, receiving the stimulus money may be a headache.
The importance of a father's role in a child's life is well-established, but recent research suggests that fathers who actively participate in the lives of their children provide benefits that go beyond parenting. When a child is born in Missouri, establishing paternity is an important way to ensure that fathers can be involved with their child's future. A new study suggests that paternal involvement is far more important than a few weekend visitations a month.
A statistically high number of online search queries about divorce occur each January. Experts say it is not a coincidence that many people choose to end their marriages early in the year. Sometimes referred to as Divorce Month, Missouri residents might be interested to learn that there may be some merit to filing in January, especially in cases of high asset divorce.
Though no marriage is guaranteed to last a lifetime, many Missouri couples cannot imagine splitting from the spouse they love. Research now shows, however, that some couples consider a high asset divorce for reasons that have nothing to do with love lost between husband and wife. It is becoming ever more frequent for some couples to view a divorce as a strategic financial endeavor.
Missouri residents may have been surprised to hear that former presidential candidate Sarah Palin is going through a divorce. Palin is no stranger to the public eye, and after serving several gubernatorial terms, making appearances to promote her literary works and starring on reality television shows, she has managed to maintain a level of financial success. Though, in years past, Palin scoffed at rumors of divorce, the news has now been confirmed, and Palin will now have to consider the fate of any marital assets.
Missouri residents may find themselves considering divorce for any number of reasons. Without a doubt going through a divorce is an emotional and life-changing experience. Nevertheless, there are practical matters -- like finances and property division -- to tend to. An individual facing a high asset divorce will want to make sure his or her ducks are in a row.
Missouri residents know that technology is changing each day. Most American households have integrated the internet, and all it has to offer, into daily life. Whether it be for communication, paying bills, or even games and entertainment, people now rely on technology in an unprecedented way. Now, there is a growing concern that the law needs to catch up. In cases of high asset divorce, litigants may have trouble getting a fair shake.
When a Missouri resident chooses to end a marriage, it may not be a topic he or she cares to discuss. Divorce can be a sore subject for many, and when it comes to a high asset divorce, things just got a bit more complicated. A new tax law is shaking up the way many divorcees proceed financially.