Introduction to Financial Abuse
Domestic abuse is very common in intimate relationships—in Minnesota, approximately 1 in 3 women and 1 in 4 men report experiencing intimate partner violence or stalking during their lifetimes, and real numbers are likely much higher.[1] Domestic abuse statistics are often underreported, partly because victims and survivors of abuse may [...]
Navigating Joint Custody in Minnesota
When it comes to determining joint custody of a child, the legal landscape can vary significantly from one state to another. In Minnesota, the primary focus remains on the best interests of the child. However, specific laws, standards, and procedures within the legal field can impact how joint custody is [...]
Congratulations to the 2023 Law School Graduates!
Congratulations to former Lake Harriet Law student attorneys Lottie James, Claire Paulsen, Julia Kasbohm (University of Minnesota Law School) and Sophi Gorman (Mitchell Hamline School of Law) on their recent law school graduations! We appreciate their exceptional dedication and contributions and wish them the very best in their legal careers [...]
Daphne Karofsky joins Lake Harriet Law as a Student Attorney
Student Attorney, Daphne Karofsky, is a second-year law student at the University of Saint Thomas School of Law in Minneapolis completing her Juris Doctor degree. Prior to law school, Daphne attended the University of Arizona where she earned her Bachelor of Science in Family Studies and Human Development with a [...]
Divorce Camp 2023 – Lake Harriet Law Office is pleased to be a Gold Sponsor
Lake Harriet Law Office is a Gold Sponsor at Divorce Camp 2023, which takes place September 28 - October 1, 2023, at Madden's on Gull Lake. The American Academy of Matrimonial Lawyers Minnesota Chapter organizes and plans Divorce Camp each year. One of the most common questions for someone contemplating [...]
Common Financial Issues in High-Net-Worth Divorces
When a married couple has assets with substantial value, the division and valuation of marital property during a divorce can be complicated. In many cases, asset buckets have different tax consequences, and some assets are more liquid than others. Coupled with market volatility, the process requires substantial financial acumen and [...]
Sydney Koehler joins Lake Harriet Law as a Student Attorney
Lake Harriet Law is pleased to announce that Sydney Koehler has started at the firm as a Student Attorney. Sydney is a second-year law student at the University of Minnesota Law School, completing her Juris Doctor Degree. Before attending law school, she graduated from Boston College with a Bachelor of [...]
Spousal Maintenance – The 8 Factors and Equalizing Income
In Minnesota, the topic of spousal maintenance (also referred to as alimony) is a frequent area of dispute during a divorce. Spousal maintenance is awarded to meet need, and it depends on a showing of need. The marital standard of living is analyzed in detail, along with cash flow and [...]
Common Financial Issues in High-Net-Worth Divorces
When a married couple has assets with substantial value, the division and valuation of marital property during a divorce can be complicated. In many cases, asset buckets have different tax consequences, and some assets are more liquid than others. Coupled with market volatility, the process requires substantial financial acumen and [...]
How Financial Issues Can Impact Divorce Proceedings
Data collected by TD Ameritrade as far back as 2018 found that 29% of divorced Baby Boomers and 41% of divorced Gen Xers cited disagreements about money as the cause of death for their marriages. Ironically enough, the same financial issues capable of ruining a marriage can also impact the [...]