Couples in Missouri may hesitate to create a prenuptial agreement because they are worried about how their families will react or even that the agreement could increase the chance they will get a divorce. They might also worry about revealing their own financial problems such as bankruptcy. However, a prenup can build communication between a couple along with important protections if they do divorce.
People in Missouri who are getting a divorce may want to take steps to prepare for the divorce itself and for life after the divorce. A divorce has essentially three phases. First, there is the process of filling out paperwork and filing. Next, there is the discovery phase in which both spouses reveal their finances. Finally, there is a settlement.
People in Missouri considering divorce may wish to expedite their plans in order to finalize before the end of the year. This is because there are some changes to federal tax laws that will go into effect at the beginning of 2019. Some of those changes could have a serious impact on the future finances of people who end their marriages. For people who want to ensure they are governed current tax laws during their split, finalizing during 2018 may be a priority.
Given that the rate of divorce rate in Missouri is above the national average, Missourians are likely aware of the anguish that comes with having to endure custody battles. On the one hand, children often find it emotionally trying to see their parents fight while feeling uncertain about what the future holds for them. On the other hand, not only may parents be terrified that they could end up missing out on a big part of their children's lives, but they might also be confounded by the amount of legal jargon thrown around.