By aphlaw | Published November 8, 2018 | | |
When you get a divorce, your retirement plans and accounts are treated like most of your other assets. Part will be yours alone and part you must share with your spouse. The amount of money your spouse gets depends primarily on when you started contributing to your individual retirement account (IRA). Fortunately, the process of Read MoreRead More
One common point of contention during a divorce case is each partner’s responsibility for paying debts such as a mortgage. In some circumstances, the couple might simply choose the best option is to sell off the house and pocket the profits so that they don’t have to worry about untangling the asset. In other cases, Read MoreRead More
Whenever a couple gets divorced, the two spouses must decide how they will split their assets. The value of the home is part of this — whether one person will remain in the family home or you will choose to sell, both of you will have some stake in the home if it was purchased Read MoreRead More
If you plan to move in with a partner to whom you are not married, you might consider drafting a cohabitation agreement. This agreement acts similarly to a prenuptial agreement in that it protects your assets and defines certain responsibilities in the relationship, mostly with regard to how expenditures will be shared. As with a Read MoreRead More
Every divorce is different from the next. Each comes with complicating factors that could influence the length it takes to settle the case. Thus, while divorces vary in terms of how difficult and expensive they can be, there are some factors that will almost always lead to higher costs. Below are a few examples of Read MoreRead More
As Minnesota divorce attorneys, we regularly receive questions on all aspects of divorce, including the mediation process. Below are a few of the most common questions we receive, along with some brief answers to them. Q: Why should I use mediation for my divorce? Minnesota requires all divorcing couples without a history of domestic violence Read MoreRead More
The Minnesota Court of Appeals recently ruled that individuals are not entitled to a share of their former spouses’ military disability benefits, even if they agreed to split those benefits in a divorce settlement. The decision stems from the divorce of Mark Mattson and Diana Berberich, who ended their marriage in 2015. In their settlement, Read MoreRead More
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