If divorce has become an inevitability in your marriage, it’s important to understand the divorce basics as they apply to you and your circumstances. The decisions made during the course of your divorce are likely to significantly affect not only your financial future but also the amount of time you will be spending with your children. These issues are far too important to leave to chance – work closely with an experienced divorce attorney in Minneapolis.
Your Divorce
During the course of your divorce, you and your divorcing spouse will need to hammer out decisions related to specific divorce fundamentals that you are both willing to sign off on. If you are unable to find mutual ground, however, the court will intervene on your behalf and make these decisions for you. The divorce fundamentals include:
Your Child Custody Arrangements – Child custody concerns often top divorcing parents’ lists of priorities. In the State of Minnesota, one parent will generally become the primary custodial parent while the other parent will have a visitation schedule (this is a form of joint physical custody). Further, both parents usually share legal custody, which means you will both remain involved in making important decisions related to your children’s education, religious upbringing, non-emergency health care, and extracurriculars.
The Division of Your Marital Property – The division of marital property is an important financial component of every divorce that can reverberate far into your future. Marital property usually refers to the assets you and your spouse acquired as a married couple (regardless of who signed the lease or of whose name is attached). The issue of dividing marital property can quickly become very complicated and very heated, especially when there are high assets and/or a business involved.
Child Support Payments– Both parents are naturally responsible for continuing to financially support their children into adulthood. After a divorce, the primary custodial parent is generally deemed to already be fulfilling this responsibility, and as such, the parent with the visitation schedule will make child support payments to him or her.
Alimony – Alimony is also known as spousal support. While alimony is not guaranteed in any divorce, it is intended to help balance a discrepancy in finances between divorcing spouses. If one spouse doesn’t have the financial resources to support himself or herself in a satisfactory manner and the other spouse can afford to rectify the discrepancy (usually temporarily), alimony may be ordered by the court.
Work Closely with An Experienced Divorce Attorney in Minneapolis
The outcome of your divorce will play an important role in your future, and as such, it’s important to pay careful attention to every facet along the way. The formidable divorce attorneys at Atticus Family Law – proudly serving Minneapolis – have the experience, commitment, and resources to help ensure you obtain divorce terms that protect your rights and that allow you to move forward with increased confidence into your post-divorce future. We care about your case, so please don’t hesitate to learn more bycontacting us today.