Farhan | December 7, 2022
Is Minnesota a Community Property State?
A community property state is a state in which the law provides that all marital property is divided equally between spouses during a divorce proceeding. This means, in effect, that
Farhan | October 18, 2018
Innocent Spouse Relief: What to Do If Your Spouse Has Tax Debt
I was recently contacted by Ms. Claudia Revermann with Lucent Tax Relief with a request to be a guest blogger on our website in order to assist current and future clients
Clausen & Hassan | August 30, 2018
Should you use a Neutral Financial Expert or your own Expert in your Minnesota Divorce?
Financial experts can be very useful in Minnesota divorce proceedings, especially when there are non-marital claims or complicated financial assets. After deciding to use a financial expert, there is also
Clausen & Hassan | August 9, 2018
What Factors are Considered when Valuing a Business for a Minnesota Divorce Proceeding?
If you or your spouse own a business, that business will most likely need to be valued for property division purposes in connection with your Minnesota divorce proceeding. Often, the
Clausen & Hassan | June 7, 2018
What is a Property Equalizer?
Under Minnesota law, property division is based on a just and equitable division of assets and liabilities between two spouses. In short, the property “equalizer” payment is what one spouse
Clausen & Hassan | May 31, 2018
Financial Missteps During the Minnesota Divorce Process
Many individuals become so focused on short-term goals and finalizing their divorce, that they may make financial decisions that negatively impact them in the long-term. Below are some financial missteps
Clausen & Hassan | May 24, 2018
Understanding the Implications of Dividing Retirement Assets in a Minnesota Divorce
For many divorcing couples in Minnesota, retirement assets represent the most valuable assets owned by the parties. In other words, most of the parties’ money is located in retirement accounts.
Clausen & Hassan | May 17, 2018
Can A Financial Expert Be Beneficial for My Minnesota Divorce?
Even if you think that your estate is relatively straightforward, your divorce proceeding could likely benefit from the services of one of the following financial experts. Forensic Accountant If you
Clausen & Hassan | April 26, 2018
How Owning A Business Impacts Your Minnesota Divorce
Property is divided in a Minnesota divorce proceeding based on a ‘just and equitable’ division of assets and debts. While this division is not necessarily an equal division of assets,