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September 2016 Archives

Prenup expected to guide Pitt/Jolie divorce

18620693_S.jpgAlthough most Missouri divorces do not make headlines like the split between actors Brad Pitt and Angelina Jolie, many involve complicated property division issues. Many observers have assumed that Pitt and Jolie executed a prenuptial agreement prior to their marriage in 2014, but if so, the terms of the document have not been made public.

The growing popularity of pre-nuptial arrangements

The ending of a marriage has the potential to be both unpredictable and traumatic. In the event that a marriage in Missouri terminates in divorce, the property of both individuals will be classified as either marital or personal. The marital property will be divided between the two departing spouses in a complex series of legal actions. If alimony is considered, one spouse could suffer extreme economic losses. That's why many individuals who are entering marriage are deciding to protect themselves via a prenuptial agreement.

Determining the value of a business during a divorce

39878823_S.jpgWhen divorcing Missouri couples are determining how they want to divide their assets, they will also have to figure what is best for any businesses that were started during the course of the marriage. Before the assets can be properly divided, however, the value of the business must first be determined.

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Stange Law Firm, PC
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