Spousal Maintenance Changes – August 2024
Spousal maintenance in Minnesota is governed by M.S.A. § 518.552 which is being updated as of August 1st, 2024. A common misconception is that parties with different incomes are meant to equalize cash flow as the determination of spousal maintenance. However, the key question to whether maintenance is ordered at [...]
Common Financial Issues in High-Net-Worth Divorces
When a married couple has assets with substantial value, the division and valuation of marital property during a divorce can be complicated. In many cases, asset buckets have different tax consequences, and some assets are more liquid than others. Coupled with market volatility, the process requires substantial financial acumen and [...]
Minnesota Divorce and Disproportionate Divisions of Property
Property division can be a tricky part of your divorce and sometimes can become a point of contention between the parties. This is why, generally, property divisions are supposed to be equitable so that each party receives a fair amount in the division. There are two categories of property in [...]
Divorce and Investing
There are many changes that occur with divorce, especially in the realm of finances. The assets and income that was once available to a single household is now split, yet the total expenses are typically greater. For those who receive a financial settlement in their divorce, making wise choices on [...]
The 2018 Celebrity Breakup List is In
Every day, it seems there is a new A-list couple splitting up. But regardless of how rich and famous you are, no breakup is easy. Here is a list of 12 unlucky-in-love couples who know all too well how difficult a separation between the stars can be. […]