On behalf of Bowden Cyr, PLLC | Oct 9, 2020 | High Asset Divorce
There is nothing quite like the freedom of running your own business in Minnesota. But now that you are thinking about a divorce, everything that you built could be at risk. This means that now is the time to take smart, sensible steps that will preserve your...
On behalf of Bowden Cyr, PLLC | Sep 28, 2020 | High Asset Divorce
Society is changing, and along with it so are Minnesota families. It is now much more common for wives — not husbands — to be the primary breadwinner in their families. These women often bring more assets into their marriages, too. So what can women do to...
On behalf of Bowden Cyr, PLLC | Sep 14, 2020 | High Asset Divorce
Most married couples do not decide to go their separate ways because they were getting along so well. However, this does not mean that divorce has to be an unnecessarily hard process. Minnesota couples who are committed to things like ongoing communication, honest...
On behalf of Bowden Cyr, PLLC | Sep 3, 2020 | High Asset Divorce
Even when the process is going well, divorce can be a financially stressful experience. Seemingly small mistakes can significantly impact one’s finances, leading to a less than equitable division of marital assets. Taxes on the future sale or withdrawal of certain...
On behalf of Bowden Cyr, PLLC | Aug 4, 2020 | High Asset Divorce
No matter how confident one may be in his or her relationship, the reality is that following marriage, divorce is always a possibility. Preparing for this possible outcome is sometimes painted as lacking confidence or trust, but it is simply about recognizing that...
On behalf of Bowden Cyr, PLLC | Jun 5, 2020 | High Asset Divorce
More and more adults who are over the age of 50 are deciding that it is time to call it quits on their marriages. But while ending an unhappy relationship can be incredibly rewarding, there are also certain financial pitfalls for which people should watch out. This is...
On behalf of Bowden Cyr, PLLC | Apr 16, 2020 | High Asset Divorce
Student loans are just another part of life for many working professionals. But while they might not be uncommon, student loans can be confusing to address during divorce. In some situations, Minnesota couples may have to divide student loans like other types of...
On behalf of Bowden Cyr, PLLC | Mar 11, 2020 | High Asset Divorce
Going through a divorce is never easy, but it can be especially difficult when there are significant assets involved. A prenuptial agreement is an efficient tool for streamlining the divorce process while also protecting wealth in the process. Unfortunately, prenups...
On behalf of Bowden Cyr, PLLC | Dec 11, 2019 | High Asset Divorce
For people in Minnesota, retirement funds may be among the largest assets that they have. This means that they are also some of the most substantial marital assets dealt with during property division in a divorce. In most cases, retirement accounts are considered...
On behalf of Bowden Cyr, PLLC | Nov 12, 2019 | High Asset Divorce
Some Minnesota residents may find it helpful to hire a divorce financial specialist alongside an attorney and other professionals when they are going through a divorce. Even if the person already has a financial adviser, a divorce financial specialist can provide...
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