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About marital separation

41611243_S.jpgMarried couples in Missouri who want to work on repairing their marriage may decide to physically separate for a while. Physical separation can be helpful in these situations, as it can provide both parties with space and time to fully analyze their situation. However, there are some financial concerns that can arise if a physical separation lasts for more than a few months. In order for both parties to be protected financially, it is important that they know exactly what they should and should not do during a separation.

It is very important to have a clear understanding of the state of the marital finances. If one spouse has been completely responsible for managing the finances in the marriage, the other spouse may have no idea about what is being spent, earned, sold, invested or purchased, which can place that spouse in a very compromising situation.

Individuals should have credit cards in their own name when physically separated from a spouse. As a single person, having good credit is one of the most critical steps in being financially secure. For spouses who do not have credit in their own name, it is advised that they do as soon as they can.

All joint credit accounts should be closed so that one party cannot be held liable for the debt that is accumulated by the other party. This is especially necessary if there is no legal agreement in place that stipulates that each party is responsible for his or her own credit card debt.

An attorney who practices divorce or separation law may advise clients on how to protect their interests and rights during a physical separation. The attorney may file the necessary paper to petition for a legal separation. The attorney might also negotiate on behalf of clients for favorable terms in a separation agreement.

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  • Saint Louis County: 120 S. Central Ave., Suite 450, Clayton, MO 63105: Clayton Office
  • West County: 16024 Manchester Rd., Suite 103, Ellisville, MO 63011: Ellisville Office
  • Jackson County: 256 NE Tudor Rd., Lee's Summit, Missouri 64086: Lee's Summit Office
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  • Franklin County: 5 S. Oak St. Union, MO 63084: Union Office
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  • St. Clair County: 115 Lincoln Place Ct., Ste. 101, Belleville, IL 62221: Belleville Office
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  • Johnson County: 7300 West 110th Street, Suite 560, Overland Park, KS 62210: Overland Park Office
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  • Shawnee County: 800 SW Jackson Street, Suite 812, Topeka, Kansas 66612: Topeka Office
  • Monroe County: 116 W. Mill St., Waterloo, IL 62298 (by appt. only): Waterloo Office
  • St. Louis City: 100 S. 4th St., #549, St. Louis, MO 63102 (by appt. only): St. Louis Office
  • Jackson County: 2300 Main St., #948, Kansas City, MO 64108 (by appt. only): Kansas City Office

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