How Are Assets and Debts Divided in a Divorce in Missouri?
When considering how to divide the assets and debts of a marriage, the court takes certain factors into account, including but not limited to: (1) the age of the parties; (2) how long the marriage lasted; (3) the parties’ current and future income earning capacities; (4) how each asset or debt was acquired; and (5) any other factors relevant to determine a reasonable division of property. The division of the marital estate must be just, and it's important to note that a “just” division may not be an equal division. Courts will consider all the circumstances, including the factors [...]