For many couples, the family home is one of the most significant assets involved in a divorce. Deciding what happens to the home can be both a financial and an emotional issue, and the outcome depends on several factors. In general, a home acquired during the marriage is considered marital property, regardless of whose name [...]
When parents divorce, one of the most important issues to resolve is how custody and parenting time will be arranged. Courts generally approach these decisions with a focus on the best interests of the child, rather than the preferences of either parent. Custody typically involves two components: legal custody and physical custody. Legal custody refers [...]
Retirement accounts are often among the most valuable assets a couple owns, and they can play a significant role in divorce proceedings. Many people are surprised to learn that retirement assets accumulated during the marriage are subject to division, even if the account is held in only one spouse’s name. In general, contributions made to [...]
One of the most frequent questions people ask when considering divorce is, “How long will it take?” While this is a reasonable concern, the answer depends on several factors and can vary significantly from case to case. At a basic level, the length of a divorce depends on whether it is contested or uncontested. An uncontested [...]
One of the most common questions people ask when considering divorce is whether hiring an attorney is truly necessary. While some divorces can be handled without legal representation, many situations benefit from the guidance of an experienced divorce attorney. In relatively straightforward cases—such as an uncontested divorce where both spouses agree on all major issues—some [...]
Are you considering estate planning but feel overwhelmed by too many questions, leading you to postpone the process? Would you like some clarity before navigating this process? Over the next week we will be posting some frequently asked questions and answers to help you get started: What is the difference between a will and a [...]
One of the most common questions we hear from individuals considering divorce in Minnesota is, “Do I need an attorney to file?” The legal answer is no - Minnesota law does not require you to hire a lawyer to initiate or complete the divorce process. In fact, the state provides tools such as Minnesota Guide [...]
Divorce can be an emotionally charged and complex process, and many individuals make mistakes that can have long-lasting effects on their financial and personal well-being. Understanding these common missteps can help individuals navigate the dissolution process more effectively and avoid pitfalls that could affect their future. Below are some of the biggest mistakes people make [...]
When a couple who owns farmland in Minnesota divorces, one of the most complicated aspects of the division of assets is determining how to handle the land. If farmland is the primary marital asset, it can significantly impact the financial future of both parties. Farmland often holds significant value both in terms of its real [...]
In Minnesota, the division of property during a divorce follows the principle of "equitable distribution," which means that marital property is divided fairly, though not necessarily equally. But what about an engagement ring? Is it considered marital property or non-marital property? Under Minnesota law, an engagement ring is generally considered a "gift" and is treated [...]