Located in the Linden Hills neighborhood of Minneapolis, attorneys Randall A. Smith and Amber C. Bretl of Lake Harriet Law Office provide exceptional legal representation exclusively in the areas of Divorce and Family Law.
We represent clients throughout the Twin Cities and in outstate Minnesota in Divorce, Child Custody, Child Support, Parenting Time (Visitation), Property and Asset Division, Spousal Maintenance (Alimony), Complex Family Law Cases, Family Law Appeals and Antenuptial (Prenuptial) Agreements.
Financial Expertise and Divorce
In Divorce cases, financial expertise is essential, including the ability to properly value Assets as of the valuation date (such as Retirement and Brokerage Accounts, Real Estate, Pensions, Stocks and Businesses), to accurately trace Non-Marital Property (when applicable), to prepare a precise Balance Sheet identifying Assets and Debts and to understand Post-Decree financial goals.
The Division of Assets
Minnesota law requires an "equitable division" of assets (and the same applies to debts). The division is quite often something other than 50:50, and there is no statutory requirement that the division be precisely equal (although in many cases the parties stipulate to a division that is roughly equal). A spouse is not necessarily guaranteed to exactly "half" of the marital estate.
Use of Experts During Divorce
In Divorce cases, it is beneficial to work with an expert such as a CPA, ASA, Actuary or Real Estate Appraiser to provide present value calculations for Assets such as a 401k, 403b or other Qualified Plan, IRA, Brokerage Account, Pension, Business, S-Corporation, Partnership or Real Estate.
Children and Divorce
In contested cases involving Child Custody or Parenting Time, a Custody Evaluation or Parenting Time Evaluation may be conducted to determine what is in the best interests of the minor child or children; the use of a Therapist, Social Worker or Psychologist is common in High Conflict cases.
We also provides Alternative Dispute Resolution (ADR) options for Family Law clients including Family Mediation, Social Early Neutral Evaluations and Financial Early Neutral Evaluations.
Lake Harriet Law Office represents Divorce and Family Law clients in Minneapolis, Bloomington, Edina, Eden Prairie, Golden Valley, Minnetonka, Plymouth, St. Louis Park, St. Paul, Hennepin County, Ramsey County, Anoka County, Scott County, Washington County and Wright County.