Top Minnesota Divorce Issue – Tracing Non-Marital Property
It is quite common for one spouse to own assets or property (Real Estate, Retirement Account, Pension, Investment Account, etc.) that is non-marital, either in part, or in whole. If an asset is both marital and non-marital, it is generally necessary to perform a non-marital tracing of the asset, performed [...]
Top Reasons To Use An Actuary in a Minnesota Divorce
In a Minnesota Divorce case, the most frequent reasons to use an Actuary are 1) to determine the present value calculation of an asset, such as a pension; 2) to perform calculations related to non-marital claims, and 3) to run financial projections and scenarios based on risk and other assumptions. [...]
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, [...]
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 [...]
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 [...]
Top Minnesota Divorce Question – How Long Will My Case Last?
One of the most important questions facing any person who is thinking about divorce is "How long will my case last, or how long will it take for my divorce to be final." These are important questions, and the answer is not always simple. Many divorce case can be handled [...]
Minnesota Divorce | Real Estate and Assets
Debts, like assets, are presumed to be marital, and the party seeking to have credit card debt deemed non-marital bears the burden of proof. Berlinerblau v. Berlinerblau, A10-952 (Minn. Ct. App. May 9, 2011) Minnesota Court Of Appeals reversed and remanded the trial court's findings on the division of credit [...]