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Missouri Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts Effective Immediately

State:
Missouri
Control #:
MO-DO-2A
Format:
Word; 
Rich Text
Instant download

Description Settlement Agreement Parties

This Marital Domestic Separation and Property Settlement Agreement is a Separation and Property Settlement for persons with no minor children. The parties do have joint property or debts. It is for use after separation. It contains detailed provisions for the division of assets and the payment of liabilities.

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Legal Settlement Agreement Other Form Names

Marital Property Settlement   Missouri Legal Separation   Separation Settlement Joint   Parties Joint Debts   Marital Separation Parties   Legal Separation Agreement   Separation Settlement No  

Settlement Agreement Debts FAQ

Marital property is anything acquired by either spouse during the marriage or which they shared. Missouri law makes the assumption all property is marital unless a spouse can prove an asset is non-marital.However, Missouri is not a community property state.

Missouri law defines marital property as any property acquired by either spouse subsequent to the marriage except: Property that was acquired by gift, bequest (received in a will), devise (received in a will), or descent (inheritance);

Missouri also allows a marriage to end if the two parties have lived apart for at least two years before they file for divorce. Legal separation Missouri does recognize legal separation. This means you can legally separate from your spouse without actually ending the marriage.

Marital property is anything acquired by either spouse during the marriage or which they shared. Missouri law makes the assumption all property is marital unless a spouse can prove an asset is non-marital.However, Missouri is not a community property state.

Marital, or community property, is defined as assets and debt newly acquired during the marriage, either jointly or by one party, other than by a gift or inheritance to one spouse. Nonmarital, or separate property, are the assets and debts owned prior to the marriage that remain unchanged.

Although Missouri is a no-fault divorce state, that does not mean that having an affair can't impact your divorce agreement and hurt you financially. As adultery is looked down on by many judges, if you can prove that your spouse has been unfaithful, it might help you to get more than you would otherwise.

Marital property includes real estate and other property a couple buys together during their marriage, such as a home or investment property, cars, boats, furniture, or artwork, when not acquired by either as separate property.

Missouri is an "equitable distribution" state, which means judges will divide marital property in a way they believe is equitable (fair), but not necessarily equal. A court doesn't have to give each spouse a 50% share of the marital assets.

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Missouri Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts Effective Immediately