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, [...]
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 [...]
Top Property Division Issues In Minnesota Divorce
During a Minnesota Divorce case, the division of assets, property and debts is a process that requires substantial financial acumen and precise attention to detail. Despite what you may have been told, the division of assets during divorce does not need to be mathematically equal, and, under Minnesota law, you [...]
Minnesota Divorce and Property Division – Will You Receive Exactly Half?
In Minnesota Divorce cases, you are not necessarily entitled to one-half of the marital assets. Instead, Minnesota law requires an "equitable division" of assets and debts (and this is quite often something other than 50:50). In many Divorce cases, the parties simply agree to equally divide the assets and debts. [...]
Mediation in Minnesota Parenting Time Disputes
Mediation is commonly used in Minnesota to resolve disputes related to parenting time, including issues regarding the adjustment of an existing parenting time schedule, changes to the primary residence of a child (or children), vacations, holidays, birthdays, summer vacation schedules, extracurricular activities and parenting time when a parent relocates to [...]
Top Minnesota Divorce Issues – Property and Asset Division
In Minnesota Divorce cases, an equitable division of assets does not need to be mathematically equal, and you are not necessarily entitled, as a matter of law, to one half of the marital assets (although most family lawyers typically explain asset division to their clients in this manner). In some [...]
Top 3 Financial Issues in Minnesota Divorce
In Minnesota, the 3 most challenging Financial Issues during Divorce are 1) the present value calculation of assets; 2) non-marital claims, and 3) spousal maintenance (alimony). Present value calculations can be difficult, and may require the assistance of a CPA, Actuary or CFP. Pensions, annuities and business valuations are three [...]
Minnesota Divorce – Property Division
In a Divorce case, a just and equitable division of assets does not need to be precisely equal, and you are not entitled, as a matter of law, to "half of your half". In many divorce cases, the parties simply agree to divide the assets equally (although there are many [...]
Top Issues – Minnesota Family Law Appeals
In some Family Law cases, the Judge or Referee assigned to the case makes a decision that may not adequately address the legal issues presented. When a party feels that a Judicial decision constitutes an abuse of discretion or was made in error, there are legal remedies, including the option [...]
Hennepin County Divorce | Complex Assets
A just and equitable division of assets does not need to be mathematically equal, and you are not necessarily entitled, as a matter of law, to "half of your half" (although this is how family lawyers frequently explain asset division to their clients). In many divorce cases, the parties simply [...]