An Overview of Antenuptial (Prenuptial) Agreements in Minnesota
Minn. Stat. 519.11 covers the basics of antenuptial contracts. Antenuptial contracts are more commonly referred to as “prenups”. While many people know what prenups are, most don’t know what they can and cannot include, and the logistics and enforceability of them. Simply put, these agreements are a contract made between [...]
New Tax Law Changes and the Impact on Divorce
The laws for 2018 taxes have changed, impacting those going through a divorce. As of January 1, 2019, spousal maintenance is no longer taxable to the recipient or deductible for the paying party. Due to this change, people are looking at other options for spousal maintenance, or alimony, payments. One [...]
Cohabitation Effects of Spousal Maintenance in Minnesota
Minnesota law, under Minn. Stat. § 518.522, Subd. 6, allows a spousal maintenance award to be modified if the party receiving maintenance or alimony (also known as the obligee), moves in with a significant other. Typically, spousal maintenance terminates upon the remarriage or death of the obligee, but now it [...]