Divorce and Spousal Maintenance – Cash Flow Analysis
In Minnesota, Spousal Maintenance (Alimony) is based upon need, and not the equalization of cash flow (equalizing monthly cash flow is not required or even addressed by Minnesota Statue 518.552). Unlike Child Support, Spousal Maintenance does not provide the parties with a basic formula to determine if (and for what [...]
The Most Exciting Divorce and Custody Case of the Year
We already know celebrities are nothing like us. They have homes all over the world, travel to exotic lands for a weekend getaway, and have other perks that go along with celebrity status. . At least, that is the perception we have. However, when push comes to shove, celebrities still [...]
What You Need to Know About Karon Waivers and Spousal Maintenance
When going through a divorce, Minnesota allows for spousal maintenance (or alimony) based on statutory qualifications. Once an award for spousal maintenance is established it can be later modified if either party brings a motion for modification to the court because of changed circumstances.These changed circumstances include job status, income, [...]
Minnesota Spousal Maintenance (Alimony) Trends During Divorce
The recent Minnesota Court of Appeals decision in Curtis v. Curtis affirmed the decision of the trial court (which required a spouse to liquidate an award of property and assets to meet post-divorce expenses and monthly budget). The Minnesota Supreme Court will hear the case and will issue their decision [...]
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. [...]