Virtually no one goes into marriage expecting to get divorced, but the reality is that this happens to Minnesota couples all the time. It makes sense to protect one’s self regardless of what the outcome might be. For some soon-to-be married couples, this means...
Property Division
5 things you’re forgetting in property division
For even an amicable divorce, the process of ending a marriage can be stressful for both parties. Dividing one household into two brings with it significant emotional and financial turmoil. Couples take the time to be thorough and move through the process in a...
Watch out for taxes during property division
For most people, securing a fair share of the marital assets is usually a priority during divorce. This is sometimes easier said than done. Sometimes property division can look equitable on paper, but in practice may be tilted in one person’s favor. This is often...
Will I lose my pet during property division?
Pets are so much more than just animals. These four-legged friends are often important companions, and like many other people, you might consider your own pet another member of the family. Unfortunately, Minnesota family law does not value the relationship that you...
How property division works in Minnesota
Whether a couple has been married for decades or just a few years, there is a good chance that they accumulated plenty of marital property. Jointly owning property with a spouse is pretty convenient, especially when it comes to things like bank accounts, homes and...
Later marriages and asset protection driving use of prenups
Members of the millennial generation in Minnesota and nationwide get married at later ages than previous generations. As a result, they often enter relationships with individual assets that they want to protect if divorce should occur. These reasons appear to be...
How a person can keep the home after a divorce
The decision on whether to keep or sell the family home in a divorce may be one of the biggest decisions a former Minnesota couple has to make. Many couples decide to just sell the family home and split the proceeds as this is usually the easiest way to divide this...
Divorce and the family home
When a couple divorces in Minnesota, some of their primary concerns revolve around finances and property division. Even in situations where there are only modest assets to consider, mistakes can be made when it comes to deciding what happens to the family home. The...
Is that property really yours, or does it belong to both of you?
One of the primary functions of the divorce process is to divide property. This can get tricky because you may believe that certain assets belong to you alone and are, therefore, not part of the marital estate. If those assets truly are your separate property, they...