Kniess Law, LLC
651-393-9072

December 2019 Archives

Divorce has an impact on 401(k) savings

Along with being emotionally challenging, the dissolution of a marriage can present financial hurdles. For this reason, individuals in Minnesota may worry about how the divorce process will impact their retirement funds and thus their ability to retire. Let's take a look at how divorce impacts 401(k) savings.

Financial planning is an important part of divorce planning

The rate of marital dissolution has dropped from around 50% around 40 years ago to about 39% now. However, divorce in Minnesota can still easily happen today if two spouses have irreconcilable differences. Unfortunately, divorce can be devastating from not only an emotional standpoint but also a financial one. Here is a rundown on what individuals who are going through divorce can do protect themselves financially in the years ahead.

Contact us To find out why our family law approach is right for you.

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Kniess Law, LLC
2155 Woodlane Drive
Suite 100
Woodbury, MN 55125

Phone: 651-393-9072
Fax: 651-315-8053
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