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...
