Minnesota Divorce – Top 5 FENE Issues – Financial
A Financial Early Neutral Evaluation, or FENE, is quite common during a Minnesota Divorce Case. Top issues during a FENE include 1) whether non-marital assets exist and need to be traced 2) the valuation of assets 3) property and asset division 4) spousal maintenance issues 5) debt division. An Actuary, [...]
Minnesota Divorce – Marital and Non-Marital Property
In many Minnesota Divorce cases, a spouse owns property that may be non-marital, either in part or in whole. Property can be both marital and non-marital (for example: a house, a cabin, retirement accounts or business assets). If an asset is both marital and non-marital, it may be necessary for a CPA, Actuary [...]
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 Hennepin County Property Division Issues
In Minnesota Divorce cases, property can be both marital and non-marital (for example: real estate). If an asset is both marital and non-marital it is sometimes necessary to perform a neutral financial analysis (also referred to as forensic tracing) in order to determine the marital portion and the non-marital portion. With real estate, the financial analysis is [...]
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 [...]
Divorce – Asset Division
A just and equitable division of marital assets does not need to be mathematically equal. An award of 53.8 percent of the marital estate to the Wife and 46.2 percent to Husband was upheld in the case of Trosvig v Trosvig, A-10 (Minn. Ct. App. May 31, 2011). During divorce, [...]