Top Minnesota Divorce Issues – How are Assets and Debts Divided During A Divorce?
In Minnesota Divorce cases, the division of Assets and Debts does not need to be mathematically equal, and you are not entitled, under Minnesota law, to "half of your half." Minnesota Statute 518.58, subd. 1, states that the District Court is required to make a "just and equitable" division of [...]
Top Spousal Maintenance (Alimony) Issues In Minnesota Family Court
Throughout Minnesota, Spousal Maintenance (sometimes referred to as "Alimony") is an advanced financial topic associated with Divorce. Unlike Child Support, Spousal Maintenance does not provide the parties with a formula to determine if - and for what duration - money should be paid to a spouse after a Divorce. It's [...]
Top Property Division Issues In Minnesota Divorce
During a Minnesota Divorce case, the division of assets, property and debts is a process that requires substantial financial acumen and precise attention to detail. Despite what you may have been told, the division of assets during divorce does not need to be mathematically equal, and, under Minnesota law, you [...]
Minnesota Divorce – Top Property Division Issues
In Minnesota Divorce cases, the division of assets and debts is a process that requires great attention to detail; the division of assets during divorce does not need to be mathematically equal, and you are not necessarily entitled, under Minnesota law, to one-half of the marital assets. In many Divorce [...]
Top Reasons To Use An Actuary in a Minnesota Divorce
In a Minnesota Divorce case, the most frequent reasons to use an Actuary are 1) to determine the present value calculation of an asset, such as a pension; 2) to perform calculations related to non-marital claims, and 3) to run financial projections and scenarios based on risk and other assumptions. [...]
Hennepin County Divorce | Complex Assets
A just and equitable division of assets does not need to be mathematically equal, and you are not necessarily entitled, as a matter of law, to "half of your half" (although this is how family lawyers frequently explain asset division to their clients). In many divorce cases, the parties simply [...]
Top Minnesota Divorce Question – How Long Will My Case Last?
One of the most important questions facing any person who is thinking about divorce is "How long will my case last, or how long will it take for my divorce to be final." These are important questions, and the answer is not always simple. Many divorce case can be handled [...]
Divorce – Asset Division
A just and equitable division of marital assets does not need to be mathematically equal. An award of 53.8 percent of the marital estate to the Wife and 46.2 percent to Husband was upheld in the case of Trosvig v Trosvig, A-10 (Minn. Ct. App. May 31, 2011). During divorce, [...]
Minnesota Divorce | Real Estate and Assets
Debts, like assets, are presumed to be marital, and the party seeking to have credit card debt deemed non-marital bears the burden of proof. Berlinerblau v. Berlinerblau, A10-952 (Minn. Ct. App. May 9, 2011) Minnesota Court Of Appeals reversed and remanded the trial court's findings on the division of credit [...]
Hennepin County Divorce – FENE – SENE
Early Neutral Evaluation (ENE) is a process that is increasingly being used and ordered by Courts to help resolve Family Law issues involving child custody and parenting time (referred to as SENE). In addition the ENE process can assist parties with the resolution of financial matters (referred to as FENE) [...]