Minnesota Divorce Issues - Depletion and Dissipation of Assets

Minnesota Divorce Issues – Depletion and Dissipation of Assets

Although Depletion and Dissipation of property carry different meanings, in Minnesota divorce cases the terms are sometimes 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).…

Calming the Storm: Tips for an Amicable Divorce

Calming the Storm: Tips for an Amicable Divorce

The media is abundant with horror stories about couples ending their marriages and dragging each other through the mud in the process. Fights over property, finances, kids, and pets are common; common and yet, unnecessary when a couple makes the rational decision to have an…

4 Steps to Secure Your Emotional Well-being During a Divorce

4 Steps to Secure Your Emotional Well-being During a Divorce

There is a reason divorce always ranks among the top two stressors. The only stressor that tops divorce is the death of a loved one. Divorce is a type of death itself. Like any death, survivors go through a grieving process. This emotionally-charged process requires…

Divorce and Investing

Divorce and Investing

There are many changes that occur with divorce, especially in the realm of finances. The assets and income that was once available to a single household is now split, yet the total expenses are typically greater. For those who receive a financial settlement in their…

Dividing Assets and Debts During a Divorce

Dividing Assets and Debts During a Divorce

Financial concerns are often a sticking point when two people are going through a divorce.  Not only can splitting assets become a point of contention in some cases, but resolving debt issues is also a major concern.  Determining who will be responsible to pay off…

Top Minnesota Divorce Issues - Depletion vs. Dissipation of Property

Top Minnesota Divorce Issues – Depletion vs. Dissipation of Property

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