A divorce is a time of significant change in your life. In addition to ending a defining relationship in your life, you will also likely have to experience changes in your housing situation and your relationship with your children. It is perfectly normal and natural...
Property Division
How to handle car insurance after divorce
Minnesota couples who are getting a divorce may need to split up their car insurance as well. Usually, this involves one person having to purchase a new policy. That person will also need to be removed from the old policy, but this should not be done until the new...
Issues regarding the marital home during a divorce
The largest asset owned by a married couple is usually their home. Therefore, it's generally the most contested asset in the event of a divorce. Couples going through a divorce in Minnesota should avoid acting out of emotion when dealing with the family home during...
Divorce and dividing retirement accounts
Minnesota couples who are getting a divorce might need a document known as a Qualified Domestic Relations Order if they are dividing a retirement account. A retirement account is generally divided equitably, but this may not be 50/50. A judge may decide that a...
What to do with the house in a divorce
When a Minnesota couple goes through a divorce, one of the most difficult decisions that they often must make is what to do with their home. Divorcing homeowners usually have a few options in this regard, but some may not always be feasible. They may choose to sell...
What to do with the home and other shared property
Some Minnesota residents who are getting a divorce may face particular challenges if they have not traditionally been very involved in the family finances. They might find out that the family is not as well off as they thought, or they may simply lack the skills to...
The possible benefits of a divorce mortgage
Overall, the divorce rate in Minnesota and around the country is either stabilizing or falling depending on the source. However, a study from Bowling Green found that the divorce rate among those at or over the age of 50 has actually doubled from 1990 to 2014. Reasons...
What to do with the house after a divorce
Divorcing may end a marriage, but it does not end shared financial obligations such as home ownership. Minnesota homeowners who are divorcing will need to figure out how to divide that asset. In some cases, people may feel too battered by the process to fight over the...
Minnesota’s laws on property division in a divorce
Those divorcing under the laws of the state of Minnesota should be aware that the state is not a community property state. Instead divorcing spouses split their assets according to the doctrine of equitable distribution. Rather than halving the marital assets...
Why a spouse’s job may actually reduce the likelihood that he or she will stray
Prior to the women's liberation movement of the 1960s and 1970s, many U.S. women fulfilled the roles of homemakers and stay-at-home moms. Today, the U.S. Department of Labor reports that more than 57 percent of women age 16 and older work outside the home and a record...