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
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
Is A Lump Sum Payment Right For Your Minnesota Spousal Maintenance Case?
Spousal Maintenance is commonly thought of as a monthly payment to a former spouse paid over a certain period of time. However, the parties can agree that Spousal Maintenance will
Self-Employment Income and Minnesota Child Support
Under Minnesota law, for child support purposes, self-employment income is defined as: “gross receipts minus costs of goods sold minus ordinary and necessary expenses required for self-employment of business operation.”
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
Parenting Consultant: What Term Length Is Best For Your Minnesota Case?
The most notable characteristic of a parenting consultant is that the relationship is created by a contract between the parties. This contract typically selects a professional, outlines his/her authority, and
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
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
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.