Paying Off Your Spouse’s Premarital Debt
Let’s say that when you get married, your spouse has $10,000 in credit card debt. You have some savings built up, so when you get married, you decide to use…
Changes Coming to Child Support in Minnesota
A variety of factors go into calculating child support. The law considers the income of both parents, the number of children, and each parent’s parenting time percentage, among other factors….
Personal Injury Settlements: Marital or Nonmarital?
If you were ever in a serious accident, or suffered a serious injury, you were likely part of a personal injury case. You may have received a sizeable financial settlement….
LIFE INSURANCE TO SECURE SPOUSAL MAINTENANCE OR CHILD SUPPORT; DON’T TAKE IT LIGHTLY
Recently the Court of Appeals was asked by a surviving ex-wife to award life insurance proceeds to herself and children, which her ex-husband, before he died, elected go to his…
Enough is Enough; When it’s Time to Revisit Spousal Maintenance
The Court of Appeals recently reversed a lower court’s decision to reject a husband’s request to modify his maintenance obligation to his ex-wife. It was error, the Court said, to…
The New Tax Law and Spousal Maintenance
If you pay attention to the news at all, then I’m sure you know that Congress recently passed a new tax reform law. There are many sweeping changes to the…
KEEPING THE HOMESTEAD SAFE IN A DIVORCE
Divorcing couples who own a home still remain homeowners, even after the divorce; they just aren’t joint owners any longer. Instead, they own the home as individuals who each have…
A YEAR OF LIVING WITH THE ‘COHABITATION’ PROVISION IN SPOUSAL MAINTENANCE LAW
It’s been more than a year since new law went into effect, allowing a court to determine whether maintenance can be modified based on a recipient’s cohabitation with another adult…
It’s Just Discovery
A very common and routine part of any court case – including divorces – is what we call discovery. After the case is started, both sides have the opportunity to…
The Price of Freedom
During the divorce negotiation process, it is easy to become entrenched in a certain position. Say, for example, that your spouse is seeking spousal maintenance. You make a greater income…