Minnesota Divorce Update – Top Questions Regarding Asset and Debt Division.
In Minnesota Divorce cases, the division of assets and debts is a process that requires financial expertise and significant attention to detail. The division of assets and debts does not need to be mathematically equal, as addressed in Johns v. Johns, 354 N.W.2d 564, 566 (Minn. Ct. App. 1984). However, [...]
Top Questions In Minnesota Divorce – Property Division
Minnesota Divorce and Property DivisionIn Minnesota Divorce cases, the division of assets and debts is a process that requires financial expertise and attention to detail; the division of assets does not need to be mathematically equal, and you are not necessarily entitled, under Minnesota law, to one-half of the marital assets. [...]
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, [...]
Top Reasons To Use An Actuary in a Minnesota Divorce
In a Minnesota Divorce case, the most frequent reasons to use an Actuary are 1) to determine the present value calculation of an asset, such as a pension; 2) to perform calculations related to non-marital claims, and 3) to run financial projections and scenarios based on risk and other assumptions. [...]