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April 2017 Archives

Should you seek alimony to get back at your ex?

Divorce can cause many concerns. One major apprehension is how an individual will be able to transition from his or her married life to a single life. This is not only an emotional and social challenge, but it can also be a financial hardship. If one spouse did not work during the marriage because they acted as the primary caregiver for the couple's child, or they earned less than the other spouse, it is likely that they will seek spousal support. Alimony can be a very beneficial resource, helping the recipient meet his or her financial needs post-divorce.

How is a 401(k) plan divided through divorce?

The divorce process has the tendency to cause disputes to erupt. It is often difficult to sort through all the assets and property that are included in a marriage, but divorcing couples in Minnesota and elsewhere can take the time to ensure that they are leaving the marriage with what is rightfully theirs. This includes retirement assets.

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