Collaborative Law Institute Blog – Family Law Attorneys & Professionals
All Hands on Deck
Divorcing couples often think that they will be “done” when the court documents are signed and the divorce is finalized, and that there will be only smooth sailing ahead. But, after the documents are finalized, there is the new normal to navigate, particularly...
Finances & Divorce: 9 Questions to Prepare
When you first consider divorce, there are often many financial questions and concerns. A complete resolution will answer many of these questions, but it is important to have a complete understanding of the financial situation before coming up with resolutions. ...
Retirement Accounts & Divorce: 5 Things to Know
In divorce, there are many things to consider with retirement accounts. Here are 5 important facts/questions to keep in mind when dealing with such accounts during a divorce. Tax Free Division. In Minnesota, retirement accounts that were created during the marriage...
Single Parents Often Walk a Financial Tightrope
Being a single parent demands so much of a person’s time and energy that taking care of longer-term financial concerns often take a back seat. So many single parents face financial restrictions that make it seem they are constantly on a financial tightrope. Getting...
Designing Divorces
“Mom, why won’t this piece fit here like it should?” My son is trying to build a Lego kit, and has made a mistake in the previous steps while trying to follow the directions. He keeps fitting the pieces together, but isn’t getting any closer to making the design on...
Investing in yourself can be the most profitable investment that you can make.
While we financial advisors need to know a lot about numbers, we often use some shortcut “rules-of-thumb” to make quick estimates. Two of those rules-of-thumb are the Rule of 72 and the Rule of 115. The rule of 72 is a shorthand way to figure out how long it will...
The Puzzle in Divorce
Do you do jigsaw puzzles? They can be great exercise for your brain, but they do require patience. The image on the box looks great, and then there’s the daunting moment you must face after dumping the pieces out in a messy pile. Those who approach puzzles with...
Invest in Yourself
Is money a little tight and it seems you’ll never get ahead in life? Perhaps it’s time for you to invest in yourself. In fact, investing in yourself can be the most profitable investment that you can make. Three possible investment options include investing to...
Tear Down the Walls
For anyone living or working in the east metro, especially Woodbury, the iconic State Farm Regional Office Building that once loomed over the Radio Drive and I94 corridor is now a pile of rubble. It was a symbol of economic growth when it was built in 1994, then...
The First Agreement: Words Matter
The Four Agreements is a best-selling book by Don Miguel Ruiz that articulates principles people can choose to follow to stay out of conflict with others. These principles are extremely relevant and helpful for parents going through a divorce or break up. I have...
