During the divorce process, making mistakes could harm your finances for years to come. The stakes during this time are especially high for people over the age of 50 who are nearing retirement. What errors should they avoid when approaching the divorce process?...
Property Division
How may I take ownership of my small business after my divorce?
When you start or acquire a business during a marriage, Minnesota's laws consider it marital property. This means there is an equal amount of shared ownership between you and your spouse. A divorce may result in changing your business's ownership structure based on...
Looking for clues, looking for hidden assets
Your marriage crumbled gradually. The once trusting bond between you and your spouse severed thanks to a combination of things. But trust was at the foundation or more accurately, lack of trust. Too many things were hidden from you, too many questions were unanswered,...
Three things to know about property division in Minnesota
Going through a divorce is a stressful event that can leave a person worried about what their future may hold. While it is not possible to predict the outcome of legal matters, many men and women find it helpful to work with trusted attorneys who can guide them...
How to navigate divorce as a business owner
Staying in a marriage that isn't working is hard on the whole family. But, if you're the owner of a small business, choosing to divorce could have serious implications on the welfare of your business and personal finances. Before entering divorce proceedings, it's...
You planned for retirement — How do you re-plan after divorce?
The rate of people divorcing over age 50, known as gray divorce, is increasing. This increase may not surprise you, but what may surprise you are the problems that this presents. People who are older usually have more assets to consider during the asset division of...
Minnesota fathers should be a part of their child’s life
Unmarried fathers in Minnesota who are no longer in a relationship with their child's mother still often want to play an active part of their child's life. They want to go to special events such as their child's soccer games and dance recitals. They want to celebrate...