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 circumstances include job status, income, [...]
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) money should be paid to [...]
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 division is deemed appropriate (see [...]
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 of property and assets to [...]
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 (Minn. Ct. App. 1984). In [...]
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 and will issue their decision [...]
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 (also referred to [...]
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 upon need, and contrary to [...]
Minnesota Spousal Maintenance (Alimony) Trends in Family Court
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 [...]
Minnesota Divorce Issues – The Division of Assets and Debts
The division of assets and debts during Divorce is a process that requires financial expertise and significant attention to detail. The division of assets and 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 most long-term [...]