Potential Mistakes with Spousal Maintenance Agreements

October 10, 2019

Divorce is typically one of the most financially difficult experiences people can go through.  Divorce means that both spouses will need to restructure their respective budgets.  It may also mean that one spouse needs to go back to school or start a new career.  When one spouse is economically disadvantaged, that spouse may request spousal maintenance in a […]

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Karon Waivers

July 26, 2019

Divorce can be the most difficult time for the parties.  During a marriage, most couples pool their resources to achieve their goals, pay off debts, and help support their children.  After the divorce, the parties will each have to figure out how to do these things without the benefit of the income of the other […]

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Spousal Maintenance and Lump Sum Payments

March 26, 2019

Divorce has a lot of financial stressors involved.  For the vast majority of people, divorce is one of the most financially stressful events possible in their lives.  One of the reasons for this is not only that the parties have spent years or even decades combining their resources and now will have to find their […]

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Child Support, Spousal Maintenance, and Estate Planning

February 25, 2019

Divorce and separation is not an uncommon occurrence in the United States, and Minnesota is no exception.  During a divorce, there will be many financial adjustments that one or both parties will have to make to accommodate for no longer having two adults to share the financial load of supporting a household.  If the parties […]

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Remarriage, Spousal Maintenance, and Child Support

December 10, 2018

Although a divorce means the end of a relationship, it also means the beginning of the next chapter of life for both spouses.  It is very common for one or both spouses to move forward after the divorce and get remarried.  Where a former spouse has been ordered to pay alimony (called “spousal maintenance” in […]

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Special Issues for High Net Worth Divorce

October 23, 2018

We all work diligently to ensure the financial security for our families.  Careful planning, scrupulous saving, and hard work can result in a comfortable lifestyle for you and your family.  This financial comfort and security, however, does not always promise a happy marriage, and even wealthy individuals may find their relationship failing and are now […]

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New Tax Law and Spousal Maintenance

June 22, 2018

Divorce almost always means that both spouses need to do some substantial financial rearranging. Whereas couples used to have two people to contribute to the utilities, housing expenses, and child expenses, after divorce, the spouses will each have to figure out how to pay the bills and meet expenses on just one income. Spousal maintenance, […]

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How Standard of Living Matters for Divorce

June 13, 2018

During a marriage, the parties work together for the common goal of building their future, both emotionally and financially.  Depending on their particular incomes, asset availability, and the types of goals they have set, they will follow a particular standard of living.  When a relationship ends and the parties are going through a divorce, there […]

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Preparing for Your Temporary Hearing

May 31, 2018

In any divorce, there are many different documents that need to be filed, and strategic actions that may be taken to ensure your rights and responsibilities are adequately protected and understood. One option in a divorce case is a motion for temporary relief. At a temporary hearing, the court can make decisions about financial and custody […]

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Imputing Income for Support

April 4, 2018

Following a divorce or custody action, it is likely that one or both of the parties will need to rearrange their finances. When the parties share children, they are both required to provide financial support for their children. In cases where a parent has lost a job, changed a job, or never had a job, […]

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