A legal commentator in a CNN article written some time ago points to a number of material -- and recurrent -- mistakes he has seen committed by impending ex-partners in high-asset divorce cases. He notes that "almost all of [them] can be prevented with good legal counsel."
Experienced family law practitioners have been working with diverse nuclear families for many years.
"[D]ashed on the rocks of reality."
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.
If the Panama Papers sounds like an intrigue-laden novel of sorts, a tale replete with devious conduct and macabre twists and turns, rest assured that such is indeed the case.
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.
The word "standard" rarely tops the list of any adjectives selected to depict the divorce process in general and any given marital dissolution in particular.
Are you perchance about to divorce and worried that you and your soon-to-be ex will seldom be on the same page when it comes to co-parenting?
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.
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.