Posts » Family Law Updates

Minnesota Divorce and Property Division

During a Minnesota Divorce case, the division of assets, property and debts requires financial acumen and attention to detail.  The division of assets during a Divorce does not need to be mathematically equal, only equitable.  In many cases, the parties agree to divide the assets on the balance sheet in a manner that is roughly equal.    When interviewing and choosing a Divorce lawyer, you sh… Read More
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Minnesota Divorce and the Division Of Property - What Are You Entitled To?

During a Minnesota Divorce case, parties frequently have issues regarding the division (and proper valuation) of property and 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 requirement that the division be precisely equal.  In many cases, the parties simply ag… Read More
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Categories: Family Law Updates

Top Divorce-Related Financial Issues in Minnesota

In Minnesota Divorce cases, the division of Assets and Debts is a process that requires substantial financial acumen and attention to detail; the division of Assets during Divorce does not need to be mathematically equal, and you are not necessarily entitled, under Minnesota law, to exactly half of the marital assets.  It is quite common for one spouse to own Assets, Property or Real Estate that… Read More
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Categories: Family Law Updates

Family Court in Minnesota

In Minnesota Family Court, parties address important legal matters such as Divorce, Child Custody, Child Support, Parenting Time, Property Division and Spousal Maintenance (Alimony).  Family Court can be quite complex –  there are numerous Minnesota statutes, rules and procedures that must be followed and adhered to.  For this reason, the selection of an experienced, assertive Family Atto… Read More
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Categories: Family Law Updates

Minnesota Divorce - Non-Marital Financial Tracing

In Minnesota, it is quite common for one spouse to own assets, property or real estate that is non-marital, either in part, or in whole.  If an asset is both marital and non-marital, it is frequently necessary to perform a non-marital tracing of the asset, performed by a Neutral Actuary, CPA, ASA, CDFA, Real Estate Appraiser or similar Financial Professional to determine the marital portion, and… Read More
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Categories: Family Law Updates

Family Court In Minnesota - Twin Cities

Across the Twin Cities, Family Court provides an environment for parties to address legal issues that involve important matters such as Divorce, Child Custody and Support, Parenting Time, Property and Asset Division and Spousal Maintenance (Alimony).  Family Court can be intimidating at times; there are complex Family Law rules and procedures that must be followed.  For this reason, the selectio… Read More
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Categories: Family Law Updates

Top Property Division Issues In Minnesota Divorce

During a Minnesota Divorce case, the division of assets, property and debts is a process that requires substantial financial acumen and precise attention to detail.  Despite what you may have been told, the division of assets during divorce does not need to be mathematically equal, and, under Minnesota law, you are not necessarily entitled to “half of your half.”  In many Minnesota D… Read More
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Minnesota Divorce and Property Division - Will You Receive Exactly Half?

In Minnesota Divorce cases, you are not necessarily entitled to one-half of the marital assets.  Instead, Minnesota law requires an “equitable division” of assets and debts (and this is quite often something other than 50:50).  In many Divorce cases, the parties simply agree to equally divide the assets and debts.  There is significant Minnesota case law, including several recent Mi… Read More
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Categories: Family Law Updates

Minnesota Divorce and Spousal Maintenance

In Minnesota Divorce cases, Spousal Maintenance (also referred to as “Alimony”) is a topic that is often misunderstood, frequently litigated at the District Court level, and is often appealed to the Minnesota Court Of Appeals.  Spousal Maintenance, unlike Child Support, does not provide the parties with a basic formula to determine if (and for what duration of time) money should be pa… Read More
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Categories: Family Law Updates

Minnesota Divorce and Property Division - Are You Really Entitled To Half?

In Minnesota Divorce cases, the division of assets and debts does not need to be mathematically equal, and you are not entitled, under Minnesota law, to “half of your half.”  Minnesota Statute 518.58, subd. 1, states that the district court is required to make a “just and equitable” division of assets – there is no mention of the term “equal.”  (and the… Read More
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Categories: Family Law Updates