If you are facing a family law concern, it involves a family matter, and it’s important. Family law covers a wide swath of legal issues related to families, including divorce, adoption and surrogacy, paternity, domestic violence, and more. An experienced Eden Prairie family law attorney will help ensure that your case moves toward a resolution that supports you and your children’s rights and best interests.
An important component of family law involves those terms that comprise divorce and modifications of those terms outside of divorce. These are important terms that relate to your rights as a parent, and that can significantly affect your financial future, which means they require careful legal attention.
The primary financial component of your divorce will likely involve the division of your marital property, which is that property that you acquired while you were married (irrespective of who purchased what or whose name is on what document). Upon divorce, this marital property will be divided in a way that is determined to be fair in your situation (equitable). Often, a divorcing couple’s most substantial asset is their family home, and while many couples believe they’ll have to sell their home to split the equity upon divorce, there are other options that can allow one of you to remain in your family home (with the children – if this is your goal). These options can include:
The division of marital property is often one of the most complicated – and contentious – divorce terms to hammer out.
In the State of Minnesota, custody is discussed in terms of parenting time and parenting plans, but the basic elements remain the same. Child custody is divided into legal custody (who makes the important decisions that parents must make for their children) and physical custody (who has parenting time and when). Both can be either joint or sole, but it’s important to point out that even if physical custody is joint, it doesn’t mean that you will necessarily split your time with the children exactly equally, and even if physical custody is sole, the other parent is still likely to have a visitation schedule.
Child support is the state’s way of ensuring that both parents help support their children financially. Child support payments are calculated according to a state schedule that helps balance the financial support in relation to how much time each parent has the children in his or her care and each parent’s financial means.
Alimony is called spousal maintenance in Minnesota, and while it doesn’t have a part in every divorce, it can be awarded in those situations in which one spouse faces a financial deficit and the other spouse has the financial means to help offset that deficit.
The accomplished Eden Prairie family law attorneys at Atticus Family Law are committed to helping you find workable answers to all your family law concerns. You and your case are important to us, so please don’t hesitate to contact us for more information today.
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