One element of a divorce that may be lost in all of the emotional trauma and other legal dealings is the effect of a divorce on a will, life insurance or other estate plans. While it is likely that creating a child custody or parenting plan or dealing with issues related to child support may take much of your attention, you should not ignore these other aspects of your divorce.
When a person notices that a friend or someone in their family is going through a general type of life experience they have also gone through, like a divorce, one of their first inclinations might be to provide advice based on their own experience. So, one thing divorcing individuals may get a lot of over the course of their divorce is advice from friends and family members who have gone through a divorce.
Who wants what property-wise can play an enormous role in divorce negotiations/proceedings. Sometimes, both spouses will strongly desire to keep a certain piece of marital property. For some types of property, one option that might be available in such a situation is to physically split the property, so each person gets some of it.
Most readers are probably aware that, when it comes to property division, different states have different rules. A small group of states utilize an approach to property division known as "community property," which generally involves an equal division of marital assets. Most states, including Missouri, use an approach generally referred to as equitable distribution.
Divorce can be a simple process if you are still very young, have no children, have few assets and your finances are relatively basic. If you were married right out of college, or even during school, and are just starting your careers with modest salaries and your financial portfolio consists of mostly student loan debt, you may obtain a divorce relatively quickly here in St. Louis and go on with your separate lives.