During a Minnesota divorce, a former couple will have to divide up any property they obtained during their marriage. For many, this means making decisions about the family home. One person often wants to retain ownership, especially if there are kids involved. However, simply choosing to keep the home may not be as simple of a decision once the financial reality sets in.
Keeping the family home in a divorce
How health insurance impacts divorce
Because of uncertainty surrounding federal health care policy, some Minnesota residents whose marriages are coming to an end might be putting their divorces on hold. In some cases, couples are choosing to stay together while finalizing the terms of an eventual divorce. In others, couples are having divorce papers drafted but are not signing or filing them.
The correlation between stressful jobs and divorce
Some Minnesota couples may work in professions that make them more vulnerable to divorce. A study that used census data to examine careers and the likelihood of divorce by the age of 30, the average divorce age, found that of the top 10 jobs that have the highest correlation with divorce rates, three are in the military. Factors such as psychological stress, including depression and post-traumatic stress disorder, along with moving frequently and deployments were among the reasons cited for the higher rate of military divorces.
Divorce misconceptions can be costly
Ending a marriage can be a traumatic experience even for Minnesota couples who have been estranged for years, and divorcing spouses sometimes turn to family members or close personal friends for advice or comfort during these difficult times. While these individuals generally mean well, they may not possess the experience or knowledge needed to give sound financial or legal advice. Misconceptions are common in divorce cases, and people often make disastrous decisions because they believe things to be true that are not.
Families make plans in case of deportation
Those living illegally in Minnesota or throughout America face the possibility of being removed from the country by Immigration and Customs Enforcement agents. This may mean that they are separated from their children. In Camden, New Jersey, 50 immigrants recently gathered with law students and other volunteers to fill out forms giving custody rights to family or friends if they are deported. Such meetings have also taken place elsewhere in the country since Donald Trump was elected president.
Should a prenuptial agreement be part of your wedding plans?
Since the moment you and your beloved decided to get married, you've probably relived the whole proposal experience a thousand times in your mind. You may even remember the first person you called to share your exciting news. Whether you and your soon-to-be spouse planned on tying on the knot within a few short weeks or began working on a longer-range plan, the delight of preparing for your own wedding day likely soared to the top of your "fun things to do" list.
