Chaska Family Law Blog

Divorces can be an emotionally draining period. Certain feelings can dominate a client’s mental state depending on what led to the divorce. These include feelings of anger or resentment at a partner, guilt for feeling like the marriage has failed, fear or uncertainty for the future, or event relief that an end is in sight.

While it is natural to have strong emotions during a divorce, it is vital to keep them in check when dealing with the distribution of assets, especially if it is a high-asset divorce, where these emotions can be even stronger because of the money or property involved. Before you go to court, it is important to check yourself for any strong reactions you might have against your ex. Failure to do so can result in any of these aggressive emotions to negatively impact your future business and retirement plans.

One issue that often rears its head in high-asset divorces is social media. Many people in Scott and Carver counties are accustomed to sharing their every thought, action and feeling on Facebook, Twitter, Instagram and Snapchat. Whether you are preparing to go through a high-value divorce or in the middle of tedious battle, you might find it beneficial to watch what you say and share online. 

It may seem as if the only people who have anything to lose from oversharing details of their divorce on Facebook or Instagram are celebrities. Anyone who has a large following, especially high-asset couples, risk misinterpretation of their words resulting in negative effects on their divorce settlement. Here are a few things to consider about using social media during the divorce process. 

No matter how rich you are, divorce always hits hard on finances. How hard depends on the monetary worth of your divorce and how long the process lasts.

Those facing a high-asset divorce commonly experience the following five financial consequences. Some are out of your control, but some you can mitigate by taking proper action.

Many couples use prenuptial or postnuptial agreements to set provisions in the event of a future divorce. Minnesota law generally enforces both kinds of agreements so long as they meet certain requirements.

A prenuptial, or antenuptial, agreement takes place before the marriage. Minnesota law sets out two broad requirements for a valid prenup.