Top Minnesota Divorce Issues - Qualified Plans Subject to Division

Top Minnesota Divorce Issues – Qualified Plans Subject to Division

In a Minnesota divorce proceeding, a qualified plan may include any marital portion of a retirement or investment account (IRA), pension plan, or deferred compensation plan that either party has an interest in. However, it is difficult to determine the value of these plans because…

Spousal Maintenance, the 8 Factors and Equalizing Income

Spousal Maintenance, the 8 Factors and Equalizing Income

Spousal maintenance is commonly dealt with in family law, but is frequently misunderstood.  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 proposed budgets.  Equalizing…