» Legal Costs, Finances & Property

dividing a business in divorce

How is a Small Business Valued in Divorce?

Divorce closes one chapter in your life and opens another. In order to move forward, you need a financial foundation. That foundation comes, in part,… Read More
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gavel and wedding rings

Why is Divorce Trial So Expensive?

There is an old joke that goes, “How much does a good divorce lawyer cost?” The answer: “Far less than a bad one.” The joke is funny because i… Read More
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Singing divorce forms

Divorce Settlement Agreement vs. Divorce Trial

There are two ways to get a divorce in Minnesota: reach a settlement agreement sometimes called a Marital Termination Agreement at some point in the d… Read More
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couple in discussion with a lawyer

Personal Property Arbitration in Divorce

It’s not surprising that people fight over their children in divorce. And it’s not surprising that they fight over big assets, like the house or r… Read More
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College file for debt

Am I Responsible for My Spouse’s Student Loan Debt?

These days, 70% of college graduates leave their years of higher education with not just a degree, but with student loan debt. The average student loa… Read More
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Young couple arguing while working on the computer

Seven Mistakes to Avoid in a DIY Divorce

We’ve been known to tell people in the past that getting a divorce is kind of like cutting your hair: sure, you CAN do it without the help of a prof… Read More
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Three Ways Divorce Affect…

Three Ways Divorce Affects Your Income Tax

Divorce obviously changes a lot of things in your life, but it’s not until the April following your divorce that you might realize one of them: divo… Read More
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Retirement Accounts in Di…

Retirement Accounts in Divorce: Asset or Income?

For many Minnesota couples, retirement accounts such as pensions and 401(k)s figure prominently in the divorce settlement. To the extent that money in… Read More
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Paying Your Bills While G…

Paying Your Bills While Going Through Divorce

For almost everyone, divorce is a time of financial stress and uncertainty. You may be worried about needing to pay child support or spousal maintenan… Read More
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How Does Divorce Affect S…

How Does Divorce Affect Social Security Benefits?

Financial issues are a big part of divorce: how you will divide marital assets; whether you will pay or receive spousal maintenance (and how much); ho… Read More
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QDRO - Mundahl Law, PLLC

What is the Process for Getting a QDRO?

Of all the property that must be divided in a Minnesota divorce, retirement accounts are among the most challenging to split up. Often the asset is pa… Read More
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divorce pets - Mundahl Law, PLLC

Who Gets the Pets When You Divorce?

Divorce can be difficult on so many levels—not having your kids around all the time; the financial struggles; possibly having to move out of your ho… Read More
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couple fighting over money - Mundahl Law, PLLC

What is Non-Marital Property in Minnesota?

In any Minnesota divorce, the couple must agree to a division of marital property, or the court must decide how to divide that property. One thing ma… Read More
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wedding photo - Mundahl Law, PLLC

What is a Prenup? (And Three Surprising Reasons You Should Have One)

Almost everybody has heard of prenuptial agreements, also known as prenups or antenuptial agreements. But many people don’t know someone who has one… Read More
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piggy bank - Mundahl Law, PLLC

Your Child's Financial Aid and Your Divorce

All parents face challenges when a child approaches college age, but divorced parents face extra challenges: the end of child support, possible change… Read More
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Recent Blog Posts

Oct
25
Some of the hardest choices many of us face involve how we care for our loved ones. Do we put our newborn in daycare so that we won’t lose the job that supports them, or stay home with them and slash our budget? Do we stay by the hospital bedside o… Read More
Oct
20
In Minnesota, as in most states, courts prefer divorced parents to share joint legal custody of their children, which means making major decisions for the child as a team. Those major decisions include things like education and health care decisions,… Read More
Oct
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There are many reasons that divorcing or separating parents argue over custody of their children. While gaining a tax advantage may not be the primary reason to seek custody of a child, historically, there have been federal tax benefits associated wi… Read More

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