Minnesota Divorce Issues and Trends – Alimony (Spousal Maintenance) post Passolt
Spousal Maintenance (Alimony) is based upon need. Contrary to what some lawyers might state, equalizing cash flow (or available income) is not required by Minnesota Statue 518.552. Judges in Minnesota have discretion in awarding spousal maintenance, and the decision whether to award spousal maintenance is permissive. A vocational assessment of the spouse requesting spousal maintenance has become much more prominent as a result of the 2011 decision in Passolt v. Passolt.
Spousal Maintenance – Lack of Precise Formula
Spousal Maintenance, unlike Child Support, does not provide the parties with a basic formula – or calculator – to determine if (and for what duration of time) money should be paid to one spouse during Divorce proceedings or after a Divorce. Under current Minnesota law, the Courts must use existing statutes and precedent to determine whether an award of Spousal Maintenance is appropriate under the given facts of the case. Since the Minnesota legislature has not addressed the issues for many years, Judges are put in a position of making spousal maintenance decisions that reflect current views and trends.
Use of Financial Experts in Spousal Maintenance Cases
The use of a CPA, Actuary or Real Estate Appraiser may be required in order to provide valuations of various assets and property, such as a 401k, 403b, IRA, Pension (including Teacher, Nurse, Physician, Carpenter, Professor, Electrician, Plumber, Police Officer, Firefighter, Nurse Practitioner and Pipe Fitter), Businesses, S-Corporations and Real Estate valuations.
Located in the historic Linden Hills neighborhood of Minneapolis, Lake Harriet Law Office Attorneys Randall A. Smith and Amber C. Bretl provide outstanding legal representation exclusively in the areas of Divorce and Family Law.
Lake Harriet Law Office represents clients in Minneapolis, Edina, Bloomington, Golden Valley, Hopkins, Eden Prairie, South Minneapolis, Southwest Minneapolis, Linden Hills, Plymouth, Maple Grove, Hennepin County, Ramsey County, St. Paul, Minnetonka, Anoka County, St. Louis Park and Scott County.
Please call 612-750-4843 or complete the Contact Us form to schedule an office consultation.
Randall A. Smith – Principal Attorney
Amber C. Bretl – Associate Attorney