The separation of one household into two carries significant challenges including crafting parenting time, the determination of support and dividing property. Asset and debt division plays a huge role in the divorce process for most couples. Not only must couples...
How are business assets divided during a divorce?
For business owners in Anoka County, divorce can mean more than the dissolution of their marriage. The future of their company could be at stake. That is because, many times, an ownership stake in a business is a marital asset. This could be true whether you and your...
How to avoid financial problems in divorce
Divorce can be an emotionally difficult experience. Though most people understand this, they may not be fully prepared for other questions that arise due to divorce. One of the biggest areas of concern is how it might affect finances.If divorce is something you're...
Property division in Minnesota is not black and white
You have decided to divorce your spouse, but you are worried about the financial fallout of this major life event. How can you be sure that you will be in the best position financially, following the marital breakup?A particularly important aspect of divorce that will...
Hiding assets during divorce is both wrong and illegal
Once you decided to divorce, you were hopefully able to set time aside to sit down with your children and talk about the life changes coming their way. The good news in that regard is that kids are typically quite resilient and adaptable barring any extenuating...
A peaceful division of assets is possible
Even if the custody of your children is of primary concern in your divorce, decisions about property division are likely not far behind. After all, dividing property goes beyond who gets what. An unfair or unbalanced settlement can leave you struggling for years after...
Men and women approach property negotiations differently
A divorce is typically the culmination of a longstanding conflict between spouses. And throughout the divorce process, there will be a number of potentially contentious issues to resolve, one of which is property division. On the surface, it may seem that men and...
Knowing value of marital property helps assure a fair settlement
If you are in the process of getting divorced, you are likely aware that you have issues that must be resolved. In fact, a divorce could end up occupying a large portion of your time until the final decree is signed. This is because you are essentially reorganizing...
Postnuptial agreements are on the rise, lawyers say
If you got married without a prenuptial agreement, and regret not getting one, don’t worry. It is not too late to protect your finances in writing in case you ever must get divorced.Just as a “pre”nuptial agreement is drawn up before you and your...
9 reasons a Minnesota judge might reject your prenuptial agreement
We have spoken before in this bog about prenuptial agreements, and how they give numerous Minnesotans reassurance that they will not lose valuable assets if they get divorced someday. While a prenup is a good idea for many couples, it is also a legal contract that...
