When a couple gets divorced, the separation of their financial interests involves dividing both assets and debts. Although figuring out “who gets what” in a divorce proceeding can seem like a significant issue, dividing debts can become just as contentious. Minnesota follows the equitable distribution
The division of marital assets during a divorce is often contentious. Spouses frequently have particular assets they want to keep, and they may simply want to come out of the divorce with more assets than their ex. This can lead to some spouses hiding assets
Life doesn’t always work out the way we imagined it, and sometimes, we need to take a step back – even from our spouses. Nothing can make a separation from a partner pain-free, but if you know specific steps to help you through the situation,
The price of a college education is higher than ever. A married couple’s combined income can help meet these costs. However, divorced parents, who are each living on a single income often struggle. If you are getting a divorce and concerned about your child’s future
For couples, divorce, especially due to a dysfunctional marriage, is an opportunity to turn on a new leaf. That said, it’s no secret that divorce is an undeniable disruption to the familiar rhythm of family life. Children may especially feel the effects of this sudden
Deciding what to do with the family home is one of the biggest property decisions that divorcing couples have to make. This decision has a lot to do with what’s affordable. These days, the option where one spouse keeps the home and buys out the
Your spouse informing you they want to dissolve the marriage can be devastating. However, you need to be extra careful about your response and the next steps you take. Here is what to do: Stay calm Staying calm is not the natural response to a
Relationships can be complex, particularly when they start to break down. All couples have disagreements, but when they fundamentally disagree on issues such as money, this can signal the beginning of the end. Financial disputes are thought to be a factor in up to 40%
Divorce often inspires a multitude of challenges, and one hurdle can involve children who are reluctant to move out of the family home. This can be especially difficult for parents who have already made alternative plans for post-divorce living arrangements. This situation can be emotionally
Legally speaking, you are certainly not required to tell your child’s teacher if you’re getting a divorce. The only person you legally have to notify is your spouse when you file the divorce petition. You serve them this paperwork, and then you can determine who
