2001, 2016
Minnesota Divorce and Property Division – What Does Equitable Division Mean?
In Minnesota, the division of assets and debts in a Divorce does not need to be mathematically equal, as addressed in Johns v. Johns, 354 N.W.2d 564, 566 (Minn. Ct. App. 1984). Equitable does not necessarily mean equal. In most long-term marriages, however, an equal division is deemed appropriate (see [...]
304, 2015
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. [...]