Divorce can change many aspects of your life, including your retirement plans. The division of retirement assets can significantly impact your financial future, so it is important to learn about the process. Retirement accounts as marital property In Minnesota, the...
Divorce
How to maintain your privacy throughout the divorce process
Privacy during divorce is a common concern, especially for individuals with significant assets or a public profile. The details of divorce proceedings can quickly become public, leading to unwanted attention and stress. Maintaining privacy can be difficult, as...
How to prepare financially for divorce
You need to prepare for divorce in all aspects of your life, including financially. Your finances are likely to change when you go through a divorce, whether you move out of or remain in the family home. Thus, it's vital to be ready. Here are two tips that can help...
Why you should avoid social media when going through a divorce
While you may want to use social media during your divorce to connect with friends or find new ones this can be a bad idea. You should consider avoiding social media altogether until the divorce is final. Here is why: You may post incriminating evidence Your...
What are the options for your house in a divorce?
Moving from living together as a couple or family to living apart throws up many challenges. One of the biggest will be what happens to the home you used to share. If the place was rented, then you can just let it go, but things are far more complex if you own it....
Changing your name after divorce: What to consider
Whether or not a woman changes her name when she marries depends a lot on how she feels about the social convention. Even though it’s no longer uncommon for a married woman to retain her birth name after marriage, 79% of women in opposite-sex marriages still take...
How to determine the value of your business in a divorce?
You can determine the value of your business by analyzing the business assets. You would need to calculate the liabilities and subtract them from the business assets. Assets and liabilities can be challenging to measure because factors like intellectual property are...
Navigating divorce as a business owner
Separating assets in a divorce can be a challenge, especially if you are an entrepreneur. Depending on your circumstances, your business could be a marital asset. You should review your options to protect your business and seek a fair outcome to your divorce. Business...
What steps should you take before asking for a divorce?
When a person wants to divorce her or his spouse, the decision comes with a lot of ground to cover. Before discussing the matter, parties may want to take specific steps to make the legal process easier. FamilyEducation offers a pre-divorce checklist for those...
3 tips for property division in high net worth divorces
As an individual with a high net worth, your divorce can become very complicated. Splitting up property can be difficult in any divorce, but when you have significant assets at stake, you will have additional factors to consider. Here are three tips to remember during...