Top Question – Minnesota Divorce and Property Division
During a Minnesota Divorce case, parties frequently have issues regarding the division (and proper valuation) of assets. Minnesota law requires an "equitable division" of assets (and the same applies to debts). The division is quite often something other than 50:50; there is no requirement that the division be precisely equal. [...]
Minnesota Divorce Update – Top Questions Regarding Asset and Debt Division.
In Minnesota Divorce cases, the division of assets and debts 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). However, [...]
Attorney Amber C. Bretl Joins Lake Harriet Law Office
Amber C. Bretl joined Lake Harriet Law Office as Associate Attorney in November of 2014. Ms. Bretl earned her J.D. from Hamline University School of Law and her B.A. in Political Science and Spanish from the University of Wisconsin-Eau Claire. She is a member of the Minnesota Bar Association and [...]
Top Minnesota Divorce Issues – Spousal Maintenance, Cash Flow and Vocational Assessments
In Minnesota Family Law cases, an award of Spousal Maintenance (Alimony) is based upon need. Contrary to what some lawyers might profess, equalizing \"cash flow\" or available income is not required by Minnesota Statue 518.552. Court in Minnesota have judicial discretion in awarding spousal maintenance, and the decision whether to award spousal maintenance is permissive.
Top Minnesota Divorce Questions – What is the Initial Case Management Conference (ICMC)?
In Minnesota Divorce cases, the Initial Case Management Conference (ICMC) is typically the first court appearance with a Judge or Referee. The ICMC is an informal hearing that generally takes place within 30 days of the case filing. The ICMC provides the parties with an opportunity to discuss important topics [...]
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 Questions In Minnesota Divorce – Property Division
Minnesota Divorce and Property DivisionIn Minnesota Divorce cases, the division of assets and debts is a process that requires financial expertise and attention to detail; the division of assets does not need to be mathematically equal, and you are not necessarily entitled, under Minnesota law, to one-half of the marital assets. [...]
Minnesota Divorce – Top Questions Regarding Asset and Property Division
The division of assets, property and debts during a Minnesota Divorce is a process that requires financial acumen and precise attention to detail. The division does not need to be mathematically equal, only equitable. Frequently, the parties agree to divide the assets on the balance sheet in a manner that is [...]
Minnesota Divorce and Property Division
During a Minnesota Divorce case, the division of assets, property and debts requires financial acumen and attention to detail. The division of assets during a Divorce does not need to be mathematically equal, only equitable. In many cases, the parties agree to divide the assets on the balance sheet in [...]
Minnesota Divorce and the Division Of Property – What Are You Entitled To?
During a Minnesota Divorce case, parties frequently have issues regarding the division (and proper valuation) of property and assets. Minnesota law requires an "equitable division" of assets (and the same applies to debts). The division is quite often something other than 50:50, and there is no requirement that the division [...]