Randall A. Smith

1902, 2016

Child Support and Taxes: 5 Essential Rules

February 19, 2016|

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 going through the legal process [...]

1502, 2016

What You Need to Know About Karon Waivers and Spousal Maintenance

February 15, 2016|

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 circumstances include  job status, income, [...]

1812, 2015

Property Division During Divorce in Minnesota

December 18, 2015|

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 (Minn. Ct. App. 1984).  In [...]

1007, 2015

Minnesota Spousal Maintenance (Alimony) Trends in Family Court

July 10, 2015|

In Minnesota, Spousal Maintenance (Alimony) is based upon need.  Equalizing monthly cash flow (or available income) is not required by Minnesota Statue 518.552.  In the June 22, 2015 unpublished decision in Curtis v. Curtis, the Minnesota Court of Appeals affirmed the decision of the Trial court that required wife to [...]

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