Going through a divorce can be one of the most challenging experiences of a person’s life. Along with the emotional turmoil, there are legal intricacies involved that require careful attention. In Minnesota, just like in other states, certain missteps can complicate your divorce proceedings, causing delays, financial strain and increased stress.
While every divorce case is unique, avoiding these common mistakes can make the process smoother and more manageable.
Not understanding Minnesota divorce law
Each state has its own divorce laws, and understanding the specifics of Minnesota’s laws can help you avoid mistakes. For example, Minnesota is a no-fault divorce state, which means you do not have to prove wrongdoing by your spouse to file for divorce. Trying to bring evidence of your spouse’s misconduct into the proceedings may not have the impact you expect and could potentially complicate the process.
Making decisions based on emotions
Emotions can run high during a divorce, but it is crucial to keep them separate from decision-making. You might feel tempted to agree to a settlement just to end the process quickly, or you might try to ‘win’ the divorce out of spite. It is important to focus on the facts and consider the long-term impact of your decisions.
Hiding or misrepresenting assets
You must fully disclose all assets during a divorce. If you hide assets, you could face penalties, including being in contempt of court. In addition, the court could grant a larger portion of the marital assets to your spouse if it discovers you have been dishonest about your finances.
Neglecting to plan for life after divorce
It is easy to become so consumed by the divorce process that you forget to plan for your future. Divorce will change your financial situation and it is important to plan for these changes. For example, if you are planning to keep the family home, you need to consider whether you can afford the mortgage payments, taxes and upkeep on a single income.
By avoiding these common errors, you can navigate through this challenging time with greater ease and confidence.