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…

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…

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. Judges in Minnesota have discretion in awarding spousal maintenance, and…

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…

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…

Top Questions In Minnesota Divorce - Property Division

Minnesota Divorce and Property Division In 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,…

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…

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…