On behalf of Coodin & Overson, PLLP | Apr 13, 2020 | Blog, Divorce
Divorce comes with a lot of unknowns, such as who will be responsible for debts after the divorce is final. Many people who are filing for divorce in Minnesota have student loans they incurred during or prior to the marriage. Knowing how student loans are handled when...
On behalf of Coodin & Overson, PLLP | Apr 2, 2020 | Divorce
Some marriages in Minnesota will eventually end in divorce. There are many factors that impact how like you are to get divorced, including your age and education level. Multiple studies have looked at how education can impact your chances of getting divorced. Divorce...
On behalf of Coodin & Overson, PLLP | Mar 30, 2020 | Blog, Divorce
For business owners in Minnesota, getting a divorce means that they will have to determine whether they will divide the venture or keep working together. The latter may be necessary even if one hopes to eventually buy out the other. The person who wants to continue...
On behalf of Coodin & Overson, PLLP | Feb 21, 2020 | Divorce
When most people think of divorcing couples, they aren’t likely to think of grandparents, but studies show that divorce among people over 50 is on the rise. Older couples in Minnesota who are divorcing may have different needs and issues than their younger...
On behalf of Coodin & Overson, PLLP | Feb 7, 2020 | Divorce
When people divorce in Minnesota, they need to be careful with how they divide their retirement accounts. People who take early withdrawals from their retirement accounts may face substantial penalties. Withdrawals that are made from a retirement account to pay the...
On behalf of Coodin & Overson, PLLP | Jan 7, 2020 | Blog, Divorce
Minnesota residents who are ending their marriages need to be prepared for the tax consequences that may follow. For instance, if an asset is sold pursuant to a divorce decree, it may be necessary to pay capital gains taxes on any profits the sale generates. If a...
On behalf of Coodin & Overson, PLLP | Dec 20, 2019 | Divorce
Facing a divorce can be an overwhelming task, but just as daunting may be how you’ll manage afterward. You’re worried about how you’re going to pay the bills, but you might qualify for a little help once you’re on your own. If you and your spouse are going your...
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...
