Randall A. Smith

1512, 2017

Divorce and Spousal Maintenance – Cash Flow Analysis

December 15, 2017|

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 determine if (and for what [...]

911, 2017

Spousal Maintenance (Alimony) and Cash Flow – No Need to Equalize

November 9, 2017|

In Minnesota, Spousal Maintenance (Alimony) is based upon need, and not the equalization of cash flow or income.  The 2017 Curtis v. Curtis decision from the Minnesota Supreme Court stated that "need" is the first step in analyzing spousal maintenance.  Some divorce lawyers like to equalize cash flow, which is [...]

2310, 2017

Spousal Maintenance (Alimony) and the Imputation of Income

October 23, 2017|

During a divorce proceeding, and once a divorce is finalized, 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 [...]

1509, 2017

Attorney Gail E. Mattey Joins Lake Harriet Law Office

September 15, 2017|

Associate Attorney Gail E. Mattey earned her J.D. from the University of Minnesota Law School in 2008, and her Honors B.A in Biological Sciences with a minor in Psychology from the University of Delaware in 2003.  Gail represents clients in a variety of Family Law matters including Divorce, Child Custody [...]

709, 2017

Who Gets The House? And Other Questions Relating to Division of Assets.

September 7, 2017|

When our parents were young, life progressed in this fashion: finish school; get married; buy a house; have children; retire. As life changed, this progression has also changed for many.  Maybe you bought a house after you finished school and before you even met your spouse. Maybe you had children [...]

2306, 2016

Mitigating Tax Liability in Divorce

June 23, 2016|

Divorce can be emotional, confusing and sometimes expensive.  During a divorce proceeding, any advice to save money, protect cash flow or mitigate tax liability is welcomed by a client. Fortunately, there are ways to address financial issues and mitigate taxes to help offset the existence of other new expenses.  You [...]

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We represent clients throughout the Minneapolis area in Divorce, Financial Issues, Child Custody, Child Support, Parenting Time, Property and Asset Division, Spousal Maintenance and more!

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