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Divorce is a complex emotional and financial undertaking, and when a farm is involved, the situation becomes even more intricate. Beyond the emotional toll, farm divorces involve unique practical challenges due to the nature of the assets and income streams involved....
Division of property is a major challenge in all but the briefest marriages or those between two people of very modest means. The average divorcing couple in Rochester has valuable marital assets like a home, retirement savings and the contents of bank accounts to...
It's common in a divorce for real estate to be one of the most valuable things subject to division under Minnesota law. But unlike the family home, a farm is more than a place to live and raise children. It is your livelihood, or at least a major contributor to the...
Small business is at the heart of our economy. The Small Business Administration (SBA) reports that there are more than 525,000 small companies operating in Minnesota—employing nearly half of the state’s total workforce. For business owners, going through a divorce can be especially challenging. It is imperative that they know how to protect their rights and their company. A comprehensive…
Studies suggest that two-thirds (or more) of married couples primarily use joint financial accounts. You may have a joint checking account, joint savings account, and/or joint credit cards. One of the more challenging aspects of getting divorced is untangling all of these joint financial accounts. At Kohlmeyer Hagen, Law Office Chtd., we provide solutions-focused family & divorce representation in Southern…
While thousands of married couples separate every year in Minnesota, a divorce is never easy for the person that is actually going through it. There are undoubtedly many things on your mind—your finances should not take a backseat. It is crucial that you have the knowledge, tools, and resources to protect your financial interests. Here, our Mankato divorce attorney offers…
To be eligible to file for divorce in Minnesota, you and your spouse must satisfy the state’s residency requirement. Without establishing valid residency, a Minnesota court will not allow a couple’s divorce petition to move forward. At Kohlmeyer Hagen, Law Office Chtd., we want to ensure that you have knowledge you need to navigate the divorce process. In this article,…
Divorce is one of the most difficult things that parents of young kids can go through. Even if you and your spouse both agree that a separation is best, the process can still be incredibly stressful. At the same time, divorce is a normal part of life for many people. While it can be challenging, your divorce does not have…
Going through a divorce can be challenging, especially if you own and operate a business. You do not want a marital separation to harm your company. There are steps that you can take ahead of time and early on in the divorce process to put yourself and your business in the best position for the future. Here, our Mankato divorce…
Divorce is complicated. For high income and high net worth couples, a marital separation can be especially challenging. It is crucial that you are able to get your finances in order. If you own complex assets and/or you believe your spouse may be hiding property, a forensic accounting investigation can help to protect your rights. In this article, our Mankato…