Dividing property during a divorce doesn’t always feel straightforward. Some couples own more than just a home or a car. If you have real estate, retirement accounts, or business interests, these assets can complicate things fast. Understanding how Minnesota law...
Divorce
How are luxury assets divided in a divorce?
Dividing luxury assets in a divorce involves complex decisions. High-end property, such as vacation homes, fine art, yachts, and jewelry, requires careful evaluation. Understanding how luxury assets factor into divorce settlements helps ensure a fair outcome....
What are the top dos and don’ts before filing for divorce?
Divorce is a challenging process that can be both emotionally and financially overwhelming. Taking the right steps early can help ensure a smoother transition. Understanding what to do—and what to avoid—when preparing for divorce can make a significant difference. Do...
How do I silently prepare for divorce?
Preparing for a divorce is never easy, especially if you need to do it quietly. Sometimes, you need time to get things in order before you let your spouse know. If you're planning to file for divorce but want to avoid any confrontation during the preparation stage, it...
How are intellectual property rights handled during a divorce?
High-asset divorces often involve splitting up complicated assets, like intellectual property rights. These include patents, trademarks, and copyrights, which hold significant value. Understanding how to divide these rights helps make the process easier. Figuring out...
Can you appeal a family law decision in Minnesota?
Minnesota family courts handle cases like divorce, child custody, child support and spousal maintenance. If you believe these courts made an error in a family law decision, you have the right to appeal that decision. You do not have to accept a decision that you...
How is ownership interest in small businesses divided?
Minnesota has several common ownership structures for small businesses. Ownership interest defines who owns what portion of the business and how the sharing of profits and responsibilities occurs. Dividing ownership interest can be complex, especially during divorce....
6 tips for keeping a family business stable during divorce
Divorce can be a challenging period, especially when the spouses own a family business. One major issue may be how to divide the business. Aside from that is navigating the split while keeping the business afloat. Doing this requires careful planning and strategic...
Is my small business marital property in a Minnesota divorce?
In a Minnesota divorce, what the court constitutes as marital property can significantly impact your financial health after the split. One primary consideration is any small businesses either of you own. Even if you are the only party with ownership, your business...
How school location can play a role in parenting plans
In Minnesota, crafting a parenting plan involves careful consideration of various factors. Among these, the location of the child's school holds major importance. For example, co-parents should try to give their children stability while meeting their educational...