Missouri divides marital property equitably — meaning fairly, not necessarily equally. Identifying what's marital vs. separate property, and properly valuing complex assets, can be worth hundreds of thousands of dollars. Thompson & Walker has the financial expertise to protect every dollar.
Marital Property is generally everything acquired during the marriage, regardless of whose name is on the title. This includes income, home equity accumulated during the marriage, business growth, and retirement contributions made during the marriage.
Separate Property includes assets owned before marriage, inheritances received by one spouse (even during the marriage), and gifts made specifically to one spouse. Separate property is generally not subject to division — but commingling it with marital assets can change its classification.
Retirement accounts — 401(k)s, pensions, IRAs — are often the most valuable marital assets. Dividing them requires specialized legal orders called Qualified Domestic Relations Orders (QDROs). An improperly drafted QDRO can cost you years of retirement savings. Jason Walker has extensive experience preparing and reviewing QDROs.
When one or both spouses own a business, that business interest is often marital property. Proper valuation requires forensic accounting, industry analysis, and understanding of valuation methodologies. Jason Walker works with certified business valuation experts to ensure the business is properly valued — and to challenge inflated or deflated valuations by the other side.
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