Emotions, stress, and all the legal considerations involved in divorce proceedings can take a toll on your mental and financial well-being. Understanding your rights and what you’re entitled to can also be confusing. One complicated issue, in particular, surrounding divorce is alimony payments. Alimony, or spousal maintenance, is a payment of money you or your …
Divorce can be a stressful and confusing time—even more so for couples who have children. Cases that involve child custody disputes usually question what rights father have. This is accomplished by evaluating the ability of the father to gain legal or physical custody of his children. Some determining factors used to see whether the father …
Going through a divorce can be difficult, even if both parties involved desire a mutual outcome. If you and your soon-to-be ex-spouse have any children together, the stress and complexity of your divorce proceedings can increase exponentially. When your divorce is finalized, the type of child custody will be determined. In the case of sole …
No one ever plans for a divorce, but sometimes, you and your spouse find yourselves at the end of a relationship. Though this can be difficult to emotionally process, the financial implications are another matter entirely—especially when it comes to your retirement savings! In a previous blog post, we discussed the differences between marital and …
401(K) and Divorce: What Can Happen to Your Savings? Read More »
Although emotionally stressful and financially burdensome, divorce is sometimes necessary. If you’re currently going through a legal separation, you may have heard the phrase “marital property,” but you’re unsure whether certain assets in your name fall under this category. Marital Property vs. Non-Marital Property: During your marriage, if you acquired any property or debt (i.e. …
Understanding the Basics of Marital vs. Non-Marital Property Interests Read More »
Alimony payments are a reality in many divorce cases today. Also known as spousal support or maintenance, alimony is most common in divorces when one spouse earns substantially more than the other and the couple has been married for many years. In every divorce case, there are many difficult items to sort through and decisions …
Taking risks is intimidating, whether you’re committing to a budding relationship by pursuing marriage, quitting a long-time career to start a business, or all of the above. Some people elect to avoid uncertainties entirely, but the most successful people take precautions instead. The Minneapolis attorneys at KTF Law are prepared to offer legal services and …
Tactics to Protect Your Business Through a Breakup Read More »
A wedding is one of the happiest days in an individual’s life. Unfortunately, sometimes marriage does not work out and the next step is divorce. Cases involving family law are an especially difficult and emotional time for everyone involved, but many don’t realize that they can be just as hard legally. Minneapolis’s own KTF Law …
It’s a sad reality that 50% of children in America today will witness the breakup of their parent’s marriage. Divorce takes an emotional and physical toll on everyone involved, but perhaps no one more than kids. Custody battles for children are often the most trying parts of a divorce and will only make things more …