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4 Things to Expect with High Net Worth Divorce in Metro East, IL

On behalf of Stange Law Firm, PC posted in Divorce on Friday, July 17, 2020. Divorce is often a difficult issue to handle, even when a couple decides to separate on mutually agreeable grounds. No matter how two soon-to-be ex-spouses may feel about one another, the fact remains that divorce in the Metro East area requires negotiations concerning property division. The more property a married couple possesses, the more likely it is for divorce proceedings to become messy, complex affairs. When a couple owns significant amounts of wealth and assets, their divorce will be a high net worth divorce in

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Consider the parenting time schedule carefully

On behalf of Stange Law Firm, PC posted in Child Custody on Friday, May 15, 2020. One of the most stressful things to handle when you divorce and have children is the child custody plan. Trying to come up with a parenting plan that you and your ex agree to might seem impossible. If both adults can put their own feelings aside, there’s a good chance that you’ll be able to work something out that puts the children’s best interests first. We know that trying to work with your ex isn’t easy, but we’re here to help our clients find creative solutions to the

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Understand medical care expense division in child support orders

On behalf of Stange Law Firm, PC posted in Child Support on Friday, May 1, 2020. Raising a child is costly, so when parents split up, one parent shouldn’t be left trying to cover all the expenses. This is why child support orders are put into place when the parents aren’t in a relationship. The order will cover regular payments from one parent to the other. It also governs things like who pays for school expenses, health insurance and related costs. It is imperative that both parents fully understand the terms of the child support order. There’s a chance that

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Know what factors impact property division agreements

On behalf of Stange Law Firm, PC posted in Divorce on Friday, April 17, 2020. The property division process that occurs during a divorce can be relatively simple for people who don’t have considerable assets. For those who do have a lot of assets, the split can be rather complicated. Anyone who’s going through a divorce should ensure that they’re prepared for this process. One of the most important things for you to do is to know exactly what needs to be divided. As part of the divorce filing, you’ll have to fill out a document that asks about the

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Help your children build a relationship with their other parent

On behalf of Stange Law Firm, PC posted in Child Custody on Friday, April 3, 2020. Some children who have divorced parents spend a lot more time with one parent than the other. It is often difficult for these kids to build a meaningful relationship with their noncustodial parent. Because of this, the custodial parent must accept a primary role in fostering the relationship between their ex and their child. No matter what type of relationship you have with your ex, you need to be willing to look past the issues between you and them. Your focus right now must

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Prenups can help people of all wealth levels

On behalf of Stange Law Firm, PC posted in Divorce on Tuesday, March 17, 2020. When people in Missouri decide to marry, they may worry they will spoil the excitement by asking about a prenuptial agreement. For years, these agreements were seen as solely the domain of the ultra-wealthy or Hollywood celebrities. However, as people marry later in life with business plans, children and existing careers, there are many reasons why prenups can be a good choice for almost anyone. A prenuptial agreement lays out financial understandings about how a couple would divide their assets in case of a divorce and, in some cases,

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Belleville and Edwardsville Divorce Law Blog

Belleville & Edwardsville Divorce & Family Law Blog by Stange Law Firm, PC Prenups can help people of all wealth levels On behalf of Stange Law Firm, PC posted in Divorce on Tuesday, March 17, 2020. When people in Missouri decide to marry, they may worry they will spoil the excitement by asking about a prenuptial agreement. For years, these agreements were seen as solely the domain of the ultra-wealthy or Hollywood celebrities. However, as people marry later in life with business plans, children and existing careers, there are many reasons why prenups can be a good choice for almost

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Research shows fathers receive preference in child custody cases

On behalf of Stange Law Firm, PC posted in fathers’ rights on Monday, March 9, 2020. It might surprise some Missouri residents that research has found, when it comes to child custody cases, even in situations where abuse is alleged, fathers are given preference over mothers. This goes against the popular belief that mothers are given preference in child custody battles. The research, completed by a George Washington University Law School professor, shows this to be particularly true when parental alienation is claimed by the father and abuse by the mother. According to the findings, only 1 in 51 cases like this are substantiated

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Factors to consider before going to trial

On behalf of Stange Law Firm, PC posted in Divorce on Wednesday, February 19, 2020. It may be possible to dissolve a marriage through settlement talks alone. This can be ideal because it’s typically less expensive to negotiate a divorce settlement as opposed to going to trial. It can also take less time to resolve the matter outside of court because mediation or other negotiation sessions can be scheduled when it is convenient for the participants. A trial will be scheduled for the next available date, and that could be weeks or months in the future. Divorce trials can cost $10,000 or more after

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How to make a divorce less challenging for children

On behalf of Stange Law Firm, PC posted in Child Custody on Friday, February 7, 2020. Missouri parents who get a divorce may feel as though they are struggling to do the right thing for their children. However, while divorce can be hard on children, parents can work together to make it easier for them. Children need to feel free to maintain a normal relationship with both parents. This means being able to express both love for and frustration with one parent to the other without worrying about how that parent will react. Parents should be able to help their children navigate their relationship

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3 ways business assets can be divided in divorce proceedings

On behalf of Stange Law Firm, PC posted in Divorce on Thursday, February 6, 2020. Divorce presents many financial concerns, but it can be especially worrying for business owners. Individuals invest more than time and money in entrepreneurial endeavors. They also put in a generous amount of blood, sweat and tears to bring their aspirations to life. With your marriage ending, your business may feel like your center of gravity right now. The worry that you may lose control of it in the divorce may be keeping you up at night. Here is a breakdown of the most common options

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Calendars as evidence of activity and expenses in divorce

On behalf of Stange Law Firm, PC posted in Child Custody on Monday, January 6, 2020. When parents in Missouri think about the kind of records they need to gather to prepare for a divorce, a calendar is probably not even on the list. However, a calendar can provide valuable information for parents who need to reconstruct a schedule and list of expenses associated with their children. Deep into the stressful process of divorce, it can be difficult for parents to accurately answer questions about expenses, and a calendar can help. One thing the calendar can do is jog a

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How divorce may affect retirement savings

On behalf of Stange Law Firm, PC posted in Divorce on Thursday, December 26, 2019. Going through a divorce can be challenging. If the emotional difficulties are not enough, there are also financial issues that arise as well. Missouri residents who have been saving for retirement may wonder what will happen to these savings if they get a divorce. Here are a few basic things a person can expect. The first consideration are the steps that were taken prior to the marriage. If a prenuptial agreement was signed, what will happen with a person’s 401(k) will go by what was

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