Divorce can put a company at stake. These options offer guidance for business owners.
JOSEPHMARVINATTORNEY.COM
3 Ways To Divide A Business In A Divorce
When couples divorce after the age of 50, it's essential to address these critical areas for a secure future after marriage.
JOSEPHMARVINATTORNEY.COM
3 Key Aspects Of A "Gray Divorce"
Divorced couples won't agree on everything but their child's health needs effective co-parenting.
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How To Co-Parent Medical Decisions
The increased rate of divorce among couples over the age of 50 has been well-documented. Research has pointed to many potential reasons for this rise, all of them legitimate. People are living longer and may feel emboldened to start a new chapter at any age. Partners can simply grow apart. Maybe a spouse made a mistake one too many times.
Whatever the case, if divorce is the right next step for you, then that’s the path you should follow. But in order to ensure this transition is as successful as possible, there are three key aspects of the separation you should keep in mind.
The increased rate of divorce among couples over the age of 50 has been well-documented. Research has pointed to many potential reasons for this rise, all of them legitimate. People are living longer and may feel emboldened to start a new chapter at any age. Partners can simply grow apart. Maybe a spouse made a mistake one too many times.
Whatever the case, if divorce is the right next step for you, then that’s the path you should follow. But in order to ensure this transition is as successful as possible, there are three key aspects of the separation you should keep in mind.
For business owners in Anoka County, divorce can mean more than the dissolution of their marriage. The future of their company could be at stake.
That is because, many times, an ownership stake in a business is a marital asset. This could be true whether you and your spouse built the business together, or if one of you has worked on the business while the other focused on keeping the house and raising the children. In Minnesota, both direct and indirect contributions to a business entitle a spouse to an equitable (or reasonable) share of the business.
At the time of your divorce, the terms set forth in you and your ex’s parenting plan were likely workable. Yet, as your children grow up, their needs and schedules may have changed. And you or your ex may also have experienced changes in circumstance that have affected your ability to parent. If any of these events have arisen, you must understand if they warrant modifications to your custody order or parenting time schedule.
Marriage requires work...and play.
JOSEPHMARVINATTORNEY.COM
Balance Is Part Of Making Marriage Work
Life changes quickly, and an original agreement may no longer be the best arrangement.
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Can Divorced Parents Modify Custody?
You and your spouse decided that getting a divorce was the right choice for you after you had a drawn out argument that finally resulted in you both giving up on compromising. You were tired of fighting every day, and you realized that your life together wasn’t what it should be.
Now that you’ve decided to divorce, you and your spouse have gone to your respective attorneys and started looking into collecting documentation on your assets. Your children are all grown and out of your home, so you haven’t considered telling them yet. After all, this divorce shouldn’t affect them, right?
When a business owner's marriage ends, they must give serious thought to the future of their enterprise.
JOSEPHMARVINATTORNEY.COM
3 Ways To Approach Business Assets In A Divorce
Even when a couple is head-over-heels in love, they must account for what will happen if things change in the future.
JOSEPHMARVINATTORNEY.COM
5 Reasons Why A Prenuptial Agreement Makes Sense
Your marriage crumbled gradually. The once trusting bond between you and your spouse severed thanks to a combination of things. But trust was at the foundation or more accurately, lack of trust. Too many things were hidden from you, too many questions were unanswered, and it was time to break away.
Now, as you file for divorce, you must understand the importance of protecting yourself and your rightful assets. And part of that divorce journey includes uncovering some of the things that your estranged spouse may have kept from you. Namely hidden assets that are rightfully yours.
For years, prenuptial agreements have had a bad reputation. Many have thought you only need to worry about a prenup if you are wealthy. Or if you get a prenup, you are dooming your marriage even before it begins. But in recent years, more and more couples are seeking prenuptial agreements, especially among the millennial generation.
That’s because younger people are realizing why every couple can benefit from having a prenuptial agreement.
