Top Question – Minnesota Divorce and Property Division
During a Minnesota Divorce case, parties frequently have issues regarding the division (and proper valuation) 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; there is no requirement that the division be precisely equal. [...]
Top Minnesota Divorce Issues – Spousal Maintenance, Cash Flow and Vocational Assessments
In Minnesota Family Law cases, an award of Spousal Maintenance (Alimony) is based upon need. Contrary to what some lawyers might profess, equalizing \"cash flow\" or available income is not required by Minnesota Statue 518.552. Court in Minnesota have judicial discretion in awarding spousal maintenance, and the decision whether to award spousal maintenance is permissive.
Top Minnesota Divorce Questions – What is the Initial Case Management Conference (ICMC)?
In Minnesota Divorce cases, the Initial Case Management Conference (ICMC) is typically the first court appearance with a Judge or Referee. The ICMC is an informal hearing that generally takes place within 30 days of the case filing. The ICMC provides the parties with an opportunity to discuss important topics [...]
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 [...]
Family Court in Minnesota – Top Divorce Issues
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 [...]
Top Spousal Maintenance (Alimony) Issues In Minnesota Family Court
Throughout Minnesota, Spousal Maintenance (sometimes referred to as "Alimony") is an advanced financial topic associated with Divorce. Unlike Child Support, Spousal Maintenance does not provide the parties with a formula to determine if - and for what duration - money should be paid to a spouse after a Divorce. It's [...]
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 [...]
Minnesota Divorce – Top 5 FENE Issues – Financial
A Financial Early Neutral Evaluation, or FENE, is quite common during a Minnesota Divorce Case. Top issues during a FENE include 1) whether non-marital assets exist and need to be traced 2) the valuation of assets 3) property and asset division 4) spousal maintenance issues 5) debt division. An Actuary, [...]
Top Minnesota Divorce Issues – Property and Asset Division
In Minnesota Divorce cases, an equitable division of assets does not need to be mathematically equal, and you are not necessarily entitled, as a matter of law, to one half of the marital assets (although most family lawyers typically explain asset division to their clients in this manner). In some [...]
Hennepin County Divorce | Complex Assets
A just and equitable division of assets does not need to be mathematically equal, and you are not necessarily entitled, as a matter of law, to "half of your half" (although this is how family lawyers frequently explain asset division to their clients). In many divorce cases, the parties simply [...]