Child Support and Taxes: 5 Essential Rules

Tax season is upon us. During this time of year, we often focus on things like deductions and taxable income, and how we can maximize our tax credits and deductions to obtain the largest benefit from the IRS. When reviewing tax laws, attorneys and parties…

What You Need to Know About Karon Waivers and Spousal Maintenance

When going through a divorce, Minnesota allows for spousal maintenance (or alimony)  based on statutory  qualifications. Once an award for spousal maintenance is established it can be later modified if either party brings a motion for modification to the court because of changed circumstances.These changed…

Minnesota Divorce and Spousal Maintenance – Equalizing Cash Flow Is Not Part of The Algorithm

In Minnesota, Spousal Maintenance (Alimony) is based upon need.  Equalizing monthly cash flow (or available income) is not required by Minnesota Statue 518.552.  Unlike Child Support, Spousal Maintenance does not provide the parties with a formula to determine if (and for what duration of time)…

Minnesota Divorce and Property Division – Does Equitable Also Mean Equal?

Equitable does not necessarily mean equal (check Black’s Law Dictionary).  In Minnesota Divorce cases, the division of Assets and Debts does not need to be mathematically equal, and you are not entitled, under Minnesota law, to “half of your half.”  Minnesota Statute 518.58, subd. 1,…

Minnesota Divorce and Property Division – What Does Equitable Division Mean?

In Minnesota, the division of assets and debts in a Divorce does not need to be mathematically equal, as addressed in Johns v. Johns, 354 N.W.2d 564, 566 (Minn. Ct. App. 1984).  Equitable does not necessarily mean equal.  In most long-term marriages, however, an equal…

Curtis v. Curtis – Minnesota Spousal Maintenance 2016

The Minnesota Supreme Court will hear oral arguments in the case of Curtis v. Curtis on January 12, 2016 (the June 22, 2015 decision by the Minnesota Court of Appeals affirmed the decision of the trial court (which required a spouse to liquidate an award…

Property Division During Divorce in Minnesota

The division of assets during a Minnesota Divorce is a process that requires financial acumen and significant attention to detail.  The division of assets (as well as debts) does not need to be mathematically equal, as addressed in Johns v. Johns, 354 N.W.2d 564, 566…

Minnesota Spousal Maintenance (Alimony) Trends During Divorce

The recent Minnesota Court of Appeals decision in Curtis v. Curtis affirmed the decision of the trial court (which required a spouse to liquidate an award of property and assets to meet post-divorce expenses and monthly budget). The Minnesota Supreme Court will hear the case…

Spousal Maintenance Trends in Minnesota Divorce and the Spolum vs. D’Amato decision.

The August 17, 2015 decision by the Minnesota Court of Appeals in Spolum vs. D’Amato reversed the district court’s award of permanent spousal maintenance, and remanded for a determination of the appropriate level of maintenance in conformity with the opinion by the Court.  In Minnesota,…

Spousal Maintenance (Alimony) Trends and the Curtis decision

The June 22, 2015 decision by the Minnesota Court of Appeals in Curtis v. Curtis affirmed the decision of the trial court (which required a spouse to liquidate an award of property and assets to meet post-decree expenses).  In Minnesota, Spousal Maintenance (Alimony) is based…