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, [...]
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 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 [...]
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 [...]
Family Court in Minnesota – Top Divorce Issues
In Minnesota Family Court, parties address important legal matters such as Divorce, Child Custody, Child Support, Parenting Time, Property Division and Spousal Maintenance (Alimony). Family Court can be quite complex - there are numerous Minnesota statutes, rules and procedures that must be followed and adhered to. For this reason, the [...]
Top Divorce Issues – Hennepin County
Hennepin County, in particular, uses Alternative Dispute Resolution (ADR) processes in Divorce and Family Law cases including SENE to address Child Custody and Parenting Time and FENE to address Financial Issues including Child Support, Property Division, Tracing and Valuation Of Assets and Spousal Maintenance (Alimony). Your Divorce lawyer you should [...]
Minnesota Divorce and Spousal Maintenance
In Minnesota Divorce cases, Spousal Maintenance (also referred to as "Alimony") is a topic that is often misunderstood, frequently litigated at the District Court level, and is often appealed to the Minnesota Court Of Appeals. Spousal Maintenance, unlike Child Support, does not provide the parties with a basic formula to [...]
Child Custody Evaluations in Minnesota Family Court
In some Minnesota Divorce and Family Law cases, a Child Custody Evaluation (conducted by Court Services or by a private evaluator such as a Social Worker, Psychologist, Therapist or an experienced legal professional) can aid the Judge in making a custody determination that is in the best interests of the [...]