When filing for divorce, people have an obligation to reveal all personal and marital property to their soon-to-be exes and the court. However, due to wide-ranging factors, sometimes people hide shared assets from their spouses. Having some ideas of where to start...
Is your spouse hiding sources of income?
When you go through a divorce, it is likely that you and your spouse will harbor some resentment or anger toward one another. In many cases, these negative emotions can lead to other problems, such as one spouse trying to hide sources of income specifically to spite...
Deciding when to sell the home in a divorce
Unless one of you refinances the mortgage or buys out the other party, you may plan to sell your Minnesota home when you divorce. You may, too have questions about whether it makes more sense to sell your house while your divorce is ongoing or after it becomes...
Dividing cryptocurrency in your divorce
When it comes to dividing property in a Minnesota divorce, you may find that some assets are easier to split and transfer than others. Cryptocurrency, or digital currency, has surged in popularity in recent years. Many former couples are finding it to be a point of...
Will your divorce necessitate a QDRO?
As half of a high asset couple, the pension or retirement plans you and your spouse have may well form a large portion of your overall assets. If you divorce, you and he or she must divide your marital assets, including these accounts, in a fair and equitable manner....
How to divide a business during a divorce
Deciding how to divide assets and debts during a divorce is challenging. However, things are even more difficult if the couple owns a business together. The couple needs to decide how to divide the business, and there are generally three options. How to conduct a...
When can a spouse sell a business before divorce?
As a business owner ending a marriage, you have a lot of questions about how your legal situation affects your company. For instance, does your current spouse have the right to sell your enterprise before you finish divorcing? Chron breaks down rights and rules...
Mediation may be beneficial for high asset divorces
Going to court is not the only way to go through a divorce. For couples that are able to communicate and are willing to negotiate, mediation is a popular way to come to a divorce agreement. Mediation is beneficial for many divorcing couples, and couples that have a...
Could your work schedule affect custody in your upcoming divorce?
Some couples are able to work out a parenting plan or custody arrangement on their own. They then submit their plan to the Minnesota family courts for approval as part of an uncontested divorce filing. Other couples can't find solutions on their own and require the...
Are your retirement assets vulnerable to division in a divorce?
As a responsible professional in Minnesota, you have probably spent much of your adult life putting money aside for your eventual retirement. It can take an entire lifetime of earning wages to cover the costs of medical care and other basic needs for someone after...
