This Marital Domestic Separation and Property Settlement Agreement is a Separation and Property Settlement for persons with no children. The parties have no joint property or debts. It is for use after separation. It contains detailed provisions for the division of assets and the payment of liabilities.
Missouri Marital Domestic Separation and Property Settlement Agreement for persons with no Children, no Joint Property, or Debts Effective Immediately
State:
Missouri
Control #:
MO-DO-1A
Format:
Word;
Rich Text
Instant download
Description
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FAQ
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.
An uncontested divorce is a divorce decree that neither party is fighting. When both parties in a married couple agree to divorce, filing for an uncontested divorce can save time and money through streamlined court procedures. The couple must: Not have any financial disputes (such as child custody or alimony)
A divorce can become contested after originally being uncontested. If spouses find it difficult to cooperate with one another during mediation sessions, they may be unable to finish the process. This can cause them to contest their divorce instead to have a judge make decisions for marital issues.
Uncontested means not disputed or that all issues are agreed upon by both the parties. For example in uncontested divorces, the parties are in agreement on all matters, and the court serves to approve their divorce agreement.
A Marital Waiver is when the spouse acknowledges a lien on the subject property, subordinating their interest in the real property to the lien holder. In Missouri a spouse must either be on the DOT or sign a waiver.
To contest divorce means a couple cannot come to an agreement about things like real property, child custody, or a division of assets. When a person contests a divorce, separate attorneys are typically hired to represent both individuals in an attempt to negotiate settlement terms.
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);
If a couple is able to come to an agreement about all the major issues before trial, that is called an uncontested divorce. Conversely, if there are one or more significant matters that the couple cannot agree on themselves, it is a contested divorce.
Missouri law makes the assumption all property is marital unless a spouse can prove an asset is non-marital. Non-marital, or separate, property is everything the spouses didn't share during the marriage and belonged to one spouse only.However, Missouri is not a community property state.