How to Divide Property During a Divorce: Asset and Debt Division in Minnesota
Highlights Property division during divorce generally involves three steps: information gathering, negotiations or mediation, and finalization. Information-gathering involves initially listing all of the assets and debts you are aware of,
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Why Might My Divorce Need a Balance Sheet: Understanding the Marital Balance Sheet
Highlights Minnesota law calls for a “just and equitable” division of combined property – called a marital estate – during a divorce. Although this is not the same as equal
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10 Mistakes to Avoid in a High Asset Divorce
A high asset or a high net worth divorce refers to an estate that involves significant assets, high income/s, and usually meaningful complexity. While there is no single accepted definition
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Understanding the Complexities of a High Net Worth Divorce
The divorce process can be intimidating and complex for families of all sizes and financial means. Dividing marital property and other assets during a divorce settlement can require a good
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Common Tax Issues in Minnesota Divorce Proceedings
In any divorce proceeding or a post-decree matter in Minnesota, the Court has the ability to address certain tax matters that can have financial implications on parents and families. Tax
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If My Spouse Does Not Agree to a Divorce, Can We Still Get Divorced?
It is not uncommon for spouses to disagree on whether or not to proceed with a divorce. Under Minnesota law, both parties do not need to agree to move forward
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Four Tips to Help Children Adjust to a Divorce
Finalizing a divorce is often seen as the “final” step for couples choosing to part ways. However, when children are involved, that is not usually the case. While each family
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Should you use a Neutral Financial Expert or your own Expert in your Minnesota Divorce?
Financial experts can be very useful in Minnesota divorce proceedings, especially when there are non-marital claims or complicated financial assets. After deciding to use a financial expert, there is also
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What is a “Gray Divorce”?
The term “Gray Divorce” commonly refers to couples who decide to pursue a divorce after age fifty (50). There has been a rise in these later in life divorces since
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