While divorce is universally difficult, every divorce is utterly unique to the circumstances and people involved. There are, nevertheless, some divorce basics that guide the divorce process and that are useful to better understand. If you have concerns related to divorce, it’s time to consult with an experienced Minneapolis divorce lawyer.
The property that you and your spouse acquired together as a married couple is generally considered marital property. In the State of Minnesota, this marital property may not be divided equally upon divorce, but it will be divided in a manner that the court finds fair (or equitable) in the given circumstances. The division of marital property can become very complicated – and very contentious – very quickly, which makes working with an experienced divorce attorney critical.
If you and your divorcing spouse can come to an agreement that you are both willing to support, you can hammer out nearly any child custody arrangements that work for you (as long as the court agrees that they are in the best interests of the children). If the matter goes before the court, one of the following scenarios will apply:
Minnesota finds that both parents are responsible for supporting their children financially, which is why one parent typically pays child support to the other. Child support is based on each parent’s financial means – among other variables – which is why even if a parent has joint physical custody, he or she may still be required to pay child support (in an effort to balance finances across both homes).
Spousal maintenance (or alimony) is a monthly payment made for a predetermined length of time by one spouse to the other in those situations in which the receiver has too few finances, and the payor has the financial means to rectify the deficiency.
The skilled Minneapolis divorce Lawyers at Atticus Family Law have the experience, dedication, and resources to help you obtain favorable divorce terms that address your post-divorce circumstances. Help is available, so please don’t hesitate to contact us for more information today.
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