With marriages strained even more over the last couple of years, divorces continue to move forward in large numbers. If your marital assets total over a million dollars, you likely fall into the high asset category. Is mediation still a possibility? If you and your...
Is there an advantage to filing for divorce before your spouse?
If the end of your marriage is on the horizon, you may feel like you are playing a game of chess. After all, not only must you decide when the time is right to divorce your spouse, but you also must strategize for beginning the next chapter of your life. Beating your...
Are there penalties for hiding assets during a divorce?
If you are going through a divorce, you undoubtedly want to have as many financial resources as possible to begin the next chapter of your life. Still, according to Minnesota law, you may only receive an equitable share of everything you and your current spouse own....
3 tips for divorcing later in life
While divorce is never easy, it can be more difficult if you split from your spouse later in life. According to U.S. News and World Report, this is partly because you have less time to recover in many respects but especially financially. That does not mean that you...
Who gets the dog during your divorce?
If you have a dog, there is a good chance you see the animal as a member of your family. This is probably particularly true if you and your spouse do not have children. According to reporting from The Conversation, losing your dog may cause you to experience deep...
Should you see a divorce therapist?
If you have decided your marriage has become unsavable, proceeding with a divorce may be a good idea. After all, staying in an unfulfilling or abusive marriage is likely to take an extreme toll on your mental well-being. Divorce is not likely to be easy on your psyche...
How your social media accounts can affect your divorce
Most people have one or more social media accounts. Many people have profiles on several platforms and post often. While social media activity may seem irrelevant to your divorce proceedings, your posts can affect your case. If you decide to remain active on your...
3 places to search for hidden assets
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...