Assets Owned Before Marriage – Fair Game in Divorce? Examples of Non-Marital Property
“I bought my home a few years prior to marriage. We are divorcing in Minnesota after eight years, and only my name is on the title. Does that effect the
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Understanding the Complexities of a High Net Worth Divorce
The divorce process can be intimidating and complex for families of all sizes and financial means. Dividing marital property and other assets during a divorce settlement can require a good
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Is Minnesota a Community Property State?
Highlights Minnesota is not a community property state. Minnesota law provide for an equitable division of marital property rather than an equal division. The division may be equal, but it
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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
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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
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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
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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
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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
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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.
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