On behalf of Coodin & Overson, PLLP | Aug 12, 2019 | Divorce
Financial security may be a concern for anyone in Minnesota who is going through a divorce. For people who are nearing or past retirement age or who have been a stay-at-home parent, this can be particularly true. While a catastrophic illness or accident can happen to...
On behalf of Coodin & Overson, PLLP | Jul 18, 2019 | Divorce
It’s important for divorced parents in Minnesota to understand how to raise their children in nurturing and psychologically sound environments. From emotional issues to financial insecurity, divorce can have negative ramifications in a young child’s life....
On behalf of Coodin & Overson, PLLP | May 6, 2019 | Divorce
Alimony, or spousal support, is one of the big issues most people in Minnesota and other states associate with the divorce process. However, the exact needs of a lower-earning spouse after a marriage ends can’t be determined until marital property and other...
On behalf of Coodin & Overson, PLLP | Apr 23, 2019 | Divorce
When parents in Minnesota get divorced, the noncustodial parent might be ordered to pay child support. This obligation is calculated using factors such as income and child care expenses. However, there are several other considerations parents should keep in mind...
On behalf of Coodin & Overson, PLLP | Mar 27, 2019 | Divorce
Minnesota couples who are divorcing do not always choose to sell their marital home and divide the proceeds. When one party plans to keep a home that has a mortgage, the loan needs to be refinanced in that person’s name or assumed by the person when possible....
On behalf of Coodin & Overson, PLLP | Feb 26, 2019 | Divorce
When Minnesota couples consider divorcing, at many times the trust has long since been broken. Tensions involving finances often help impel a couple toward ending their marriage. In some instances, spending patterns or excessive debt are issues, while in other cases,...
On behalf of Coodin & Overson, PLLP | Jan 28, 2019 | Divorce
The College Board reports that college costs have been rising at least 3 percent each year, but many families in Minnesota may still lack a financial plan in case of divorce or the death of one spouse. Divorce can make paying for college even harder, but there are...
On behalf of Coodin & Overson, PLLP | Dec 3, 2018 | Divorce
The end of a marriage can be a challenge for Minnesota couples with children during any time of the year. The stress that sometimes goes along with post-divorce co-parenting can be even greater during the holiday season, especially with the increased shuffling of kids...
On behalf of Coodin & Overson, PLLP | Nov 5, 2018 | Divorce
Temporary custody may be granted in cases in Minnesota when parents are going through a divorce. However, the orders that are initially put in place as temporary custody orders may become permanent once the divorce is final. A court attempts to make a decision...
On behalf of Coodin & Overson, PLLP | Oct 9, 2018 | Divorce
For some Minnesota couples who are ending their marriages, changes mandated by the Tax Cuts and Jobs Act, which passed in late 2017, will mean less money for them after the divorce. The TCJA changed how parents can take exemptions for children on their taxes and how...
