Divorce mediation is a way that you can work out the terms of your divorce with your ex-wife instead of going to a trial and letting the judge decide them for you. You must prepare before you go into the first mediation session. This preparation puts you in a position of being able to keep your wits about you and your emotions under control while you are working through the negotiations.
After being married for more than 30 years, you and your spouse have accumulated significant assets. Sine you were married, the two of you purchased various properties, including your main residence and a vacation home on the lake. In addition to these assets, there are also various investment accounts, retirement funds, cars and even your spouse's consulting business.
When longstanding marriages fail, high asset divorces such as yours can be very complicated. While an experienced divorce attorney can guide you through the process, it is important to understand the basics of marital property laws in Minnesota. Very often, those that have been married for a long time do not understand that they have joint ownership of marital property.
You have kids, work hard at your job and didn't expect to struggle with your health. Unfortunately, because you have had to finance so much lately, you haven't had the money to provide payments on your home. What can you do to avoid going into foreclosure now that you've missed several payments? Here are two possible ways to stop the foreclosure process and get back on track.
Finding out that your husband is leaving you is a frightening situation for any woman to be in, especially if she is unsure of how she is going to make it financially. If you are facing a situation like this, you can act now to make plans that might help you to start your new life on a firm financial footing. Before you make any plans, you should find out what options you have. Consider these three financial points as a starting guide.
Splitting up is hard enough, but you absolutely don't want your company to be destroyed by the end of your marriage. If you're not careful, though, that's a very real possibility. Below are six tips that business owners can use to protect their companies when assets must be divided.
Single parents in Minnesota have a lot to think about. They must make sure that their children are cared for and have everything they need. When single parents learn that they will be thrust into a child custody battle for any reason, they usually want reassurance that their children aren't going to be ripped away from them. Knowing some of the factors that the courts will consider in their custody cases might help single parents better understand the legal process.
Divorce is an uncertain time in life. Foreseeing your circumstances beyond marriage can be difficult when life with your spouse is what you've known for the past 20 or more years. Emotions are running high, and you're worried about your finances. What can you do to relieve some of the stress you are feeling?
If there's one thing you know about life after divorce is that it will be simpler. You will be single; you may be downsizing your home and your budget too. Your savings and assets will be divided; you will be on your own in life once again. While one can be a lonely number, you shouldn't get lost in the space you foresee in the future.
People grow throughout the course of their relationships and sometimes they grow apart. If this does happen, there is no formula to calculate how long the process will take. Sometimes the priorities couples have when they are beginning a marriage change over the course of many years. Every divorce is unique, but they are rarely easy and more often than not they are very stressful. For some couples, the decision to divorce will come later on in their lives and this involves particular things you will want to consider.
How will you divide your accumulated assets?
If you and your partner have been married for many years, it is likely that you have combined and accumulated resources over that time. These resources can take many forms and are generally treated differently when it comes to their distribution.
Sometimes, after couples divorce they end up leading truly separate lives. However, many couples remain connected by children, friends, business and other mutual interests. If you are at all connected to your former spouse and your former spouse is going through another divorce, it is important to be cautious in how you handle this news.
The challenges you may encounter in the wake of your former spouse's latest divorce will likely vary depending on whether or not you share custody of minor children with your ex.
If you've ever gone on a vacation, chances are you've experienced the post-vacation blues. After having the time of your life in a new place, it can be difficult to go back to monotonous "normal" life. Unfortunately, the post-vacation blues do not always go away without consequences. In fact, a recent study suggests that family vacations can pose a danger to marriages.