Top Divorce-Related Financial Issues in Minnesota

In Minnesota Divorce cases, the division of Assets and Debts is a process that requires substantial financial acumen and attention to detail; the division of Assets during Divorce does not need to be mathematically equal, and you are not necessarily entitled, under Minnesota law, to exactly half of the marital assets.  It is quite common for one spouse to own Assets, Property or Real Estate that is Non-Marital, either in part, or in whole.  If an Asset is both Marital and Non-Marital, it is frequently necessary to perform a Non-Marital Tracing of the Asset (typically performed by a Neutral Actuary, CPA, ASA, CDFA, Real Estate Appraiser or similar Financial Professional).

Minneapolis Divorce Law Firm

Located in the historic Linden Hills neighborhood of Minneapolis, Lake Harriet Law Office provides experienced and personalized legal representation exclusively in the area of Divorce and Family Law.

Family Mediation and Divorce

It is important to have an experienced and assertive attorney who can effectively advocate your position during the case and who understands every phase of the Family Law legal process, including various Alternative Dispute Resolution processes such as Mediation and Early Neutral Evaluation.  Most Divorce cases are resolved at some point after the Initial Case Management Conference (ICMC).

Lake Harriet Law Office represents Divorce and Family Law clients throughout the Twin Cities including Minneapolis, Edina, Bloomington, Golden Valley, Hopkins, Eden Prairie, Southwest Minneapolis, Linden Hills, Plymouth, Hennepin County, Ramsey County, St. Paul, Anoka County and Scott County.

Please call 612-750-4843 or complete the Contact Us form to schedule an office consultation.

-Randall A. Smith

Published On: May 23, 2014Categories: Family Law Updates

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We represent clients throughout the Minneapolis area in Divorce, Financial Issues, Child Custody, Child Support, Parenting Time, Property and Asset Division, Spousal Maintenance and more!

Call 612-750-4843