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September 2013 Archives

Americans drastically underestimate domestic violence

Often, Minnesota victims of domestic violence feel alone. Their attacker may have intended it that way: One of the hallmarks of domestic abuse is isolation from friends and familY. Abusers often shut off the victim's social outlets in an effort to gain greater control over the victim.

Minnesota freezes assets during divorce

Before a divorce can be finalized in Minnesota, the parties must divide their marital property. Each spouse must list all his or her assets, and the parties must decide from there what's separate and what's marital property. This can be a long process, and it's especially difficult in high net worth divorce, in which the martial property consists of complex assets such as stock options, ownership in a family business or pensions. It can also be a time when a lot of shenanigans go on.

Alimony and same-sex divorce in Minnesota

Minnesotans are accustomed to hearing news about the market ups and downs of the Richfield-based electronics retail giant Best Buy. Less common are news items about the personal life of Best Buy's chief executive officer. That's exactly what Minnesotans got, however, after the company complied with federal regulations to show that the CEO had sold $10.4 million worth of shares in the company. The reason he gave was that he needed the cash for his divorce.

Alimony and same-sex divorce in Minnesota

In the past, Minnesota courts routinely ordered men to pay alimony to their ex-wives as part of the divorce settlement. The picture of alimony has changed a lot since then. In the past, women had few career options, and courts saw alimony as many divorced women's only possible source of income. Today, women's place in the workforce has changed, and alimony has changed along with it. Indeed, it's common for women to be ordered to pay alimony to ex-husbands. And now that Minnesota has legalized same-sex marriage, courts may also order women to pay alimony to other women.

Men, too, can be victims of domestic violence

The U.S. Surgeon General once referred to domestic violence as the number one health concern in the nation. As many as one in four American women have been the victim of some form of domestic violence, often at the hands of male romantic partners. For this reason, domestic abuse is sometimes thought of as solely a women's issue. However, men are the victims of domestic violence, too. As many as one in seven American men have been the victims of domestic violence, according to the Centers for Disease Control and Prevention.

What causes divorce after decades of marriage?

Most of us think that after a marriage has lasted ten or even twenty years, the couple has settled in to their life and divorce is unthinkable. But the fact is, many couples are divorcing later in life, a trend that may even be growing more common. Often, after such a long period of time, the couple has accumulated a great deal of wealth, meaning these couples usually require a high assets divorce.

Internet billionaires headed toward high asset divorce

All Minnesotans going through divorce must split up their marital property, and it is rarely an easy chore. But for some couples with complex assets such as pensions, stock options and ownership in a family business, the process can get especially demanding. For these complex asset division cases, the parties typically must negotiate heavily in order to get what they need at the end of their marriage.

Why divorce is different for Vikings and Packers fans

Although some Vikings or Packers fans might disagree with this assessment, Minnesota's rivalry with its nearest neighbor to the east is generally a pretty friendly one. Many people live in one state and commute to work in the other, or live in one and have a cabin in the other. Some may not even think very often about which state they're in until it's time to pay taxes or vote. There can be a big difference between the two states at those times.

Jane Lynch's wife seeks spousal support

In May of this year, Minnesota voters stepped up to the ballot box and made an historic decision: to legalize gay marriage in our state. Minnesota became one of the first states in America to legalize gay marriage through a legislative process, and as of this summer, couples have begun to tie the knot.

Divorce and property division in the age of social media

Social media is a huge part of Minnesota residents' lives today as a way to keep up on current events, stay connected with friends or network with business associates. Websites like Facebook and Twitter can be a great tool for all of those purposes. And, as certain politicians have recently illustrated, they can also be a way to put a strain on one's marriage and political aspirations.

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