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Posts tagged "Divorce"

Spousal maintenance: focus on Minnesota's cohabitation law

Here was the rub for many Minnesota advocates seeking change to state law addressing post-divorce spousal maintenance payments: their belief that their ex-spouses receiving alimony while cohabiting with financially contributing new partners would not remarry to avoid the risk that incoming payments would be legally cut off by virtue of that event.

Dividing business assets in divorce

In Minnesota, assets and property acquired during marriage are generally considered marital property and subject to equitable division upon divorce. Some assets are fairly straightforward and simple to divide, such as a shared bank account. Others, such as a business or professional practice, require more thorough investigative and valuation efforts. 

Discovery in a MN dissolution (divorce) case

A Dissolution of Marriage (divorce) is a legal proceeding and it is governed primarily by Minnesota Statutes (in general Minnesota Statute Section 518 and 518A), the Minnesota Rules of Civil Procedure and the Rules of Family Court Procedure. The Rules of Civil Procedure regarding discovery govern the exchange of information between the parties to a dissolution and obtaining information from third parties. These rules are premised on the view that parties to a lawsuit should cooperate and disclose information that is relevant to the case.

College savings? Is there a 529 plan in your divorce agreement?

Saving for your child's education is a daunting prospect for any parent. For a divorced parent, it may be even more complex as you struggle to balance the martial income across two households. Divorce will also affect your child's prospect for financial aid, and this adds another layer to the complexity of your child's choice of school.

What do you need to make the decision?

Divorce is a very personal act. It is, however, embedded in the very public institution of the courts, and so there are many reasons why some people who are unhappily married remain that way. They fear the embarrassment. They may feel the personal pain of having been betrayed by the person they loved and the prospect of making that public in a divorce proceeding may be overwhelming. They may think it is better for their children.

What your divorce does not do

When you end your marriage, you typically want to have nothing more to do with your former spouse. Unless, of course, you have children, and then you custody agreement and eventual parenting plan will describe your relationship with your child or children's other parent.

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