Divorce and Spousal Maintenance - The Analysis Of Cash Flow

Divorce and Spousal Maintenance – The Analysis Of Cash Flow

In Minnesota, Spousal Maintenance (Alimony) is based upon need, and not the equalization of cash flow (equalizing monthly cash flow is not required or even addressed by Minnesota Statue 518.552).  Unlike Child Support, Spousal Maintenance does not provide the parties with a basic formula to…

Minnesota Divorce Topics - Depletion and Dissipation of Assets

Minnesota Divorce Topics – Depletion and Dissipation of Assets

Although Depletion and Dissipation of property carry different meanings, in Minnesota divorce cases the terms are generally used synonymously by the Court.  Dissipation is defined by Minnesota case law as “wasting or expending funds foolishly.” Volesky v. Volesky, 412 N.W.2d 750 (Minn. Ct. App. 1987).…

Minnesota Divorce Topics - Spousal Maintenance and Income Inputation

Minnesota Divorce Topics – Spousal Maintenance and Income Inputation

During a Minnesota divorce proceeding, the court may order that one spouse pay alimony (or what Minnesota refers to as spousal maintenance) to the other spouse.  The primary reason for spousal maintenance is to provide cash flow to a spouse in order to approximate the…

Congrats on Your Engagement: Where’s the Prenup?

Congrats on Your Engagement: Where’s the Prenup?

The holiday season is the busiest time of year. Families are getting together, shopping, and eating to celebrate life, love, and happiness. It is one of the busiest engagement seasons of the year (maybe tied with Valentine’s Day). Whether you get caught up in a…

The Most Exciting Divorce and Custody Case of the Year

The Most Exciting Divorce and Custody Case of the Year

We already know celebrities are nothing like us. They have homes all over the world, travel to exotic lands for a weekend getaway, and have other perks that go along with celebrity status. . At least, that is the perception we have. However, when push…