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...
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...
It is understandable to feel concerned about one’s financial future when thinking about leaving a spouse. Most people understand that they will lose a portion of their marital assets and may also have to pay support. Business owners in particular know that there is a...
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...
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...
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...
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...
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...
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...
One of the primary concerns for people involved in a divorce is making sure they receive a property settlement that gives them a secure financial start to their newly single lives. They focus on dividing assets and may not give enough thought to dividing debts.If you...
