In the months and years following a divorce, it is not uncommon for significant life events to have a devastating impact on finances. Depending on how the marriage ended, the exes might decide to arrive at a revised divorce order that accounts for changing...
According to the Former Spouse Protection Act, or FSPA, former spouses of military service members and retirees do not automatically receive a portion of service members' retirement pay. The laws of the state determine whether retirement pay is classified as marital...
Typically, a retirement account is classified as a joint marital asset that is subject to Minnesota property division laws during a divorce. This is generally true even if the account is held in just one person's name. The process by which such an asset is divided...
Many factors are considered in a Minnesota child custody case. This is true when the parents initially part ways and can even extend to after a court determination has been made. Substance abuse is a problem that can result in losing child custody and having limited...
Divorce can be a stressful situation for all parties involved. While you may know that when you end your marriage in Minnesota, you divide financial portfolios, boats and bank accounts, there are several other types of assets that you need to consider. There are...
Courts often act as the legal advocate for children during a divorce proceeding when determining custody. Minnesota courts actually encourage mediation in most divorce cases, especially when there are multiple issues involved in the separation. Child custody is...
Your business may be one of the many assets that might need to be divided in a divorce. However, there are ways to end a marriage without having to sacrifice your Minnesota company. Let's take a look at some of the most straightforward ways to craft an equitable...
Married couples deal with co-mingled assets frequently. When spouses decide to divorce, many financial issues come up during the settlement talks. Not all financial matters involve investment vehicles or real estate. A Minnesota couple may have concerns about a...
Going through a divorce in Minnesota is difficult enough, but add a business to the mix, and you may struggle significantly with everyone on your plate. One of the things that will be required is having the business officially valued. This is needed if your business...
There's no doubt that divorce in Minnesota can bring on some of the most challenging financial times of a person's life. Even if there aren't any major expenses involved, you will likely need to deal with the division of assets. One of the most asked about assets...
