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…

UPDATE - Minnesota Supreme Court Ruling on Kremer v. Kremer

UPDATE – Minnesota Supreme Court Ruling on Kremer v. Kremer

MAJORITY OPINION The time has finally arrived, and the Minnesota Supreme Court has released their decision in the Kremer case. A case that many divorce attorneys and clients have been patiently waiting for. On Wednesday, May 30, 2018, the Supreme Court ruled in favor of…

Kremer Decision: Procedural Fairness and Minnesota Antenuptial Agreements

Kremer Decision: Procedural Fairness and Minnesota Antenuptial Agreements

PROCEDURAL REQUIREMENTS: Currently governed by Minnesota Statute 519.11, antenuptial agreements require procedural fairness in order to be enforced. The first of these requirements includes full and fair disclosure of the parties’ earnings and property. Next, the parties must have the opportunity to consult with legal…