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Edina Family Law Blog

Ways to protect your business during a Minnesota divorce

What you do is a big part of who you are. If you have spent much of your adult life building up your own business, you likely have a sense of pride related to that company. It could even be a cornerstone of your personal identity and the legacy you want to leave in the world.

Unfortunately, if you find yourself inching closer to a divorce, your Minnesota business could be in danger. The Minnesota family courts wand to divide up the assets and debts you've acquired in your marriage in a way that is fair to you and to your spouse, per the equitable distribution standard. While equitable may mean fair, it may seem like anything but, as the courts may divide anything acquired during the marriage with a few exceptions.

Make the most of your settlement in a gray divorce

There is an interesting and unusual trend taking place in the United States in recent decades. Overall, the nation's divorce rate stabilized and is slowing down. However, for one group, the rates continue to climb.

Over the past 30 years, the rate of divorce for couples age 50 and older has doubled. Perhaps even more surprising, with couples 66 and older, the rates are higher still. In fact, there's even a term describing the phenomenon — gray divorce.

Important steps to safely leave an addicted or abusive spouse

Some people already know that their spouse has an anger problem when they get married, while others could be with their spouse for years before they experience any kind of abuse. Regardless of when your spouse showed you their true colors, chances are good that you wanted to believe things would get better with time.

Unfortunately, most abusive relationships get worse as time goes on, not better. It can take a lot of courage to work up the will to leave a spouse who has hurt you physically or emotionally. However, leaving is what is best in the long run. To most effectively protect yourself and any children you share with your spouse, you need to think about documenting your experiences before you leave the family home or file for divorce.

A good parenting plan can make going back to school easier 

You tried your best to make your marriage work for the kids. Now you’re getting a divorce and wondering what’s going to happen when school starts again. By making a parenting schedule, you and your ex can have time with your kids and a schedule that works for everyone.  

Creating this plan is an important part of your divorce. It can make the process easier for you and your kids.

How do money problems contribute to divorce?

Even if you both have the best intentions, you and your spouse may fight over money. You might not have kids, but money issues can still cause problems in your relationship.

There are many money-related problems you could encounter in your marriage, and it’s possible these concerns could lead you towards a divorce. What are scenarios where money can become an issue in your marriage?

Success as a divorced dad

Going through a divorce can be very scary, especially if a custody battle is involved. If you and your spouse cannot come to a joint-custody agreement, the court may determine which parent will be the custodial parent of your child. The custodial parent gets physical or legal custody, or both, of your child.

The court may choose the custodial parent based on your child’s best interest. There are many factors that the court considers in custody hearings.

Common reasons why older couples divorce

Though couples over 50 still tend to get divorced less than younger couples, the rate of gray divorces has doubled since 1990. Many may have certain preconceived notions about an older couple divorcing. They may associate leaving a long-time partner with a mid-life crisis, the presence of another lover, or some other extenuating factor.

While leaving a marriage after several decades may seem inexplicable to outsiders, the decision can often have a positive effect on one or both spouses. Here are some common reasons why older couples may decide to separate.

Three tips for co-parenting with a narcissist

Co-parenting can be challenging under the best circumstances. Co-parenting with a narcissistic ex-spouse can sometimes feel next to impossible. However, there are a few tips to keep in mind to help your co-parenting experience be as stress free as possible.

Keep parental conflict away from your child

What will happen to your business after divorce?

Business owners have plenty on their plates. Throw a divorce into the mix and life can become even more overwhelming. While there are many different elements to navigate during divorce, as a business owner, you may be particularly concerned about what is going to happen to your business.

Divorce and business is a particularly complicated issue to navigate. You may have questions that you cannot find the answers to. Here are a few common issues people encounter during divorce.

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