Financial Missteps During the Minnesota Divorce Process
Many individuals become so focused on short-term goals and finalizing their divorce, that they may make financial decisions that negatively impact them in the long-term. Below are some financial missteps
Can A Financial Expert Be Beneficial for My Minnesota Divorce?
Even if you think that your estate is relatively straightforward, your divorce proceeding could likely benefit from the services of one of the following financial experts. Forensic Accountant If you
How to Separate Finances after a Divorce
Most married couples have intertwined their finances through joint bank accounts, joint debts, and joint titles to property. Sometimes, the idea of separating these finances after a divorce can seem
What is a “Balance Sheet” and Why Might My Case Need One?
Minnesota law calls for a “just and equitable” division of property during a divorce. Although this is not the same thing as an equal division of property, the Court typically
Survivor Benefit Plan: Former Spouse Coverage
If your ex-spouse is a member of the United States Military, you may have a marital interest in his/her retirement pay. When a military retiree dies, his/her retirement pay stops.
Filing Taxes during Divorce
Sometimes, spouses have to make a decision on filing tax returns during a divorce proceeding. The best approach is to seek the advice of your attorney so that the attorney
Bankruptcy & Divorce
Since Bankruptcy is a Federal Court proceeding, it can allow one party to be “released” from some or all debts. Therefore, if Bankruptcy is an issue in your Divorce proceeding,
Income Tax Filing Status & Divorce
The income tax filing status is determined by the marital status of the parties as of December 31st of the calendar year. If the parties are still married on December
Health Insurance After Divorce in Minnesota
Typically, both spouses carry and maintain their own individual health insurance coverage after the Divorce is concluded. However, if insurance is not available to one party, Federal law (COBRA) mandates