If you are facing a divorce, you are facing a challenging transition ahead, and the surest way to protect both your parental and financial rights is with an experienced Wayzata divorce attorney in your corner. While your divorce will be unique to your specific situation, the basics don’t change from divorce to divorce, and better understanding them can help.
One of the primary factors of every divorce is the division of marital property, and in Minnesota, this division must be equitable, which means that those assets you and your spouse acquired while married must be divided between you fairly (in relation to a range of relevant factors) in the event of divorce. Those assets that either of you brings into your marriage with you will remain your own only if you are able to keep them separate throughout your marriage, which means keeping them disentangled from your marital assets. There are a variety of complications inherent to this division of marital property, and it is often one of the most challenging divorce terms to resolve.
Child custody in Minnesota is addressed in terms of both legal and physical custody. Legal custody takes on the issue of who will be making the serious parenting decisions moving forward, including:
You and your divorcing spouse can share – or split – this responsibility, or one of you can take on sole legal custody.
Physical custody tackles the issue of how you and your children’s other parent will divide your time with them. Although there is considerable scheduling flexibility if you hammer out a plan of your own, the basic choices include:
Child support is the state’s way of ensuring that both parents continue supporting their children financially, and while a variety of factors go into this determination, the primary concerns include each parent’s income and the amount of time each parent spends with the children. Generally – even if you split your parenting time evenly – the parent who earns more has the child support responsibility.
Gone are the days when alimony was a foregone conclusion. Alimony is now typically only awarded in those divorces in which one spouse experiences a divorce-related financial setback (when the other spouse has the financial ability to help offset it). Alimony generally is intended to help the recipient gain the education and/or experience necessary to become more financially independent.
The practiced Wayzata divorce attorneys at Atticus Family Law are committed to skillfully advocating for our clients’ parental and financial rights – in pursuit of favorable divorce terms. Your case is important and we’re here to help, so please don’t wait to contact us for more information today.
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