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 – Top Questions Regarding Asset and Property Division
The division of assets, property and debts during a Minnesota Divorce is a process that requires financial acumen and precise attention to detail. The division does not need to be mathematically equal, only equitable. Frequently, the parties agree to divide the assets on the balance sheet in a manner that is [...]
The Minnesota Family Court Process
Throughout Minnesota, Family Court provides an opportunity for parties to resolve legal issues that involve important matters such as Divorce, Child Custody, Child Support, Parenting Time, Property Division and Spousal Maintenance. For most people, Family Court can be overwhelming and intimidating; there are numerous Family Law rules and procedures, and [...]
Minnesota Divorce – Top Property Division Issues
In Minnesota Divorce cases, the division of assets and debts is a process that requires great 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 one-half of the marital assets. In many Divorce [...]
Top Minnesota Divorce Issue – Tracing Non-Marital Property
It is quite common for one spouse to own assets or property (Real Estate, Retirement Account, Pension, Investment Account, etc.) that is non-marital, either in part, or in whole. If an asset is both marital and non-marital, it is generally necessary to perform a non-marital tracing of the asset, performed [...]
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 [...]
Top Minnesota Divorce Question – How Long Will My Case Last?
One of the most important questions facing any person who is thinking about divorce is "How long will my case last, or how long will it take for my divorce to be final." These are important questions, and the answer is not always simple. Many divorce case can be handled [...]
Minneapolis Divorce | Tax Issues and Children
The tax benefits for a qualifying child are: 1) Head of Household filing status; 2) Child and Dependent Care Credit; and 3) Earned Income Credit. These three benefits can only be claimed by a parent who meets the definition of a custodial parent pursuant to Internal Revenue Code 152(e)(4)(A). There [...]