Property division proceedings can often be the most confusing aspect of your divorce case in Wichita, particularly when it comes to the handling of complex assets such as retirement accounts. Many clients have come to us here at the Stange Law Firm PC questioning why their individual 401k account is even considered a marital asset. If you share the same question, it is important to understand that your entire 401k may not be subject to property division; rather, only those funds contributed to it during your marriage can be divided in a divorce.
Once you have taken the first steps to divorce your spouse, your future may seem bleak as you navigate the complexities of putting a significant relationship behind you and moving forward independently. At Stange Law Firm PC, we are committed to helping people in Kansas to work through their divorce as efficiently as possible.
If you and your spouse in Kansas have been struggling with marital difficulties and finally decided that divorce is the right option for you, you know that there are many decisions you will now have to make. Certainly, there are numerous immediate decisions you must address such as where you will live, who will the kids be with on what days and how you will tell friends and family members about your divorce.
It is not uncommon for married couples in Kansas who experience challenging financial troubles to end up choosing to get divorced. Many a marriage has suffered or ended due to money issues. In these situations, each spouse should take care to protect themselves so they are set up to move forward toward a more positive financial future.
Divorcing spouses in Kansas who own a home together must at some point in their settlement discussions decide what they will do with their marital home. The emotional tug to keep the home can be quite strong, especially for families with young children. The ability to allow kids to stay in their original home at least while they are with one of their parents can provide some stability for them. This, however, may not be the best decision from a financial perspective.
In the lead up to your marriage in Wichita, you probably heard from at least one person that a prenuptial agreement was something to at least consider. Your reluctance to create one may be understandable; many fear that requesting one from a fiancee may not be well-received. Yet now that you may be contemplating a divorce, the wisdom in having such an agreement to protect any personal assets you may have brought into the marriage is becoming more clear. Luckily, a postnuptial agreement can typically provide the same protections as its counterpart.
Sometimes, couples put off divorce when they think they can't afford it. If the union is a contentious one, that may not always be the best course. Downloading divorce papers from an online site may not be a good choice either, however. Somewhere in the middle is an answer for couples who want a divorce but are worried about the cost.
Kansas attorneys, like those throughout the U.S., may tell you that January is the time of year when divorce filings peak. Some can pinpoint it to the day--Jan. 8--as the one that sees the most divorce inquiries from spouses, according to Harper's Bazaar, because it is the first business Monday following the Christmas and New Year holiday season. All that togetherness tends to make underlying issues rise to the top. The biggest reason? Money pressures.
No matter who you are and no matter what the specifics are in your divorce, there is a way that you can carry and conduct yourself during the legal process that will improve your chances of expediting the divorce and possibly securing "wins" on critical issues inherent to your situation. Too many people involved in a divorce get anxious and angry about it all, leading to extreme difficult in negotiating and completing the divorce.
Divorce can take on many different meanings when children are involved. No matter the details of a situation, it can be difficult to explain a separation to young minds. Kansas parents going through divorce are all too familiar with this struggle, and some even postpone telling children about the issue at hand. What strategies might parents use to help younger family members understand and cope with divorce?