1002, 2019
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). Spouses have a fiduciary duty [...]
112, 2018
Divorce: Handling your Financial Settlement
After a divorce, there are many “new normals” to adjust to, including a change in your financial status. When a financial settlement comes your way, you will need to know how to manage your funds to pay for your lifestyle in the short term and prepare for the future 10, [...]