Minnesota Divorce – Top Questions Regarding Asset and Property Division

The division of assets, property and debts during a Minnesota Divorce is a process that requires financial acumen and precise attention to detail. The division does not need to be mathematically equal, only equitable.  Frequently, the parties agree to divide the assets on the balance sheet in a manner that is approximately “equal.”  The use of a CPA, ASA, CDFA,  Actuary or Neutral Real Estate Appraiser may be required in order to provide neutral valuations of various assets, such as a 401k, 403b, Qualified Plan, IRA, Pension, Business and Real Estate.

We Represent Clients in Divorce and Family Law

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; we are a boutique Law Firm that dedicates our legal representation to one select area of Minnesota Law – and that is Family Law.

When and interviewing and choosing a Divorce lawyer, you should inquire about their financial acumen and training, as well as their understanding of the preparation of a balance sheet that properly identifies the present value of assets and debts, which is vital for the proper negotiation, presentation (and settlement) of the financial portion of a Divorce case. 

ADR Options in Minnesota Family Law

It is important to hire an experienced and assertive Family 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 (ADR) processes such as Family Mediation and Early Neutral Evaluation (FENE and SENE).  Most Divorce cases are resolved at some point after the Initial Case Management Conference (ICMC).

Lake Harriet Law Office represents clients in Minneapolis, Edina, Bloomington, Golden Valley, Hopkins, Eden Prairie, Southwest Minneapolis, Kenwood, Linden Hills, Plymouth, Hennepin County, Ramsey County, St. Paul, Anoka County, Wright County and Scott County.

Please call Attorney Randall Smith 612-750-4843  

Please call Attorney Amber Bretl at 612-223-8925

Complete the Contact Us form to schedule an office consultation.

Attorneys Randall Smith and Amber Bretl

Published On: November 10, 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