Property Division

Subscribe to Property Division via RSS

There are a number of issues involved in dividing the assets and debts of the parties to a divorce, including valuation methods and determining what is "marital" and what is "non-marital." Minnesota law generally provides for an equitable (almost always equal) division of marital property.

Gambling addiction, or compulsive gambling, can have a profound impact on a marriage, leading to financial distress, emotional strain, and ultimately divorce. In Minnesota, where both tribal casinos and online gambling options are readily accessible, gambling addiction is a real issue that affects many families. When one spouse’s gambling spirals out of control, it can…

Dividing assets in a Minnesota divorce can be complex, particularly when dealing with stock options and restricted stock units (RSUs). Unlike traditional assets such as real estate and retirement accounts, stock options and RSUs present unique challenges in valuation and division. This article will explore the legal considerations, valuation methods, and equitable division of these…

Dividing assets in a Minnesota divorce can be challenging, especially when it comes to real estate. A family home often represents a significant financial and emotional investment, and determining its value is a crucial step in the property division process. Minnesota law requires that marital assets be divided equitably, which makes establishing an accurate…

Many divorce litigants are accused of “dissipating” marital assets by their spouse or opposing counsel. Quite often, however, that term is misapplied. Those who have “dissipated” assets stand to have a credit assigned to them for the value of lost property. If you’ve been accused of dissipating marital assets, we can help.

“Dissipation,” just like…

Parenting time and custody may seem like natural areas of contention, but sometimes, the nastiest divorces spiral out of control due to disagreements regarding property division. This ordeal can be frustrating even when spouses part on amicable terms. In the interest of clarity, we’ve highlighted a few of the specific aspects of property division worth considering as a Minnesota resident in the midst of divorce:…

Continue Reading Property Division in Minnesota: How Personal Property Is Split Up

When picturing the financial implications of divorce, most spouses worry about their houses or alimony. Often, however, other issues warrant more attention. For some couples, retirement can be the most impacted aspect of divorce — and also, the most difficult to navigate. This is especially true in Minnesota, where courts make it clear that, when one spouse earns retirement benefits, the other spouse enjoys a “just and equitable” share, merely due to their status as married.…

Continue Reading How Will Divorce Affect Your Retirement Plans? What Can You Do About It?

Divorce increasingly occurs online, with email accounts and social media profiles playing an especially important role in the process. The online interference doesn’t end there, however. Many couples own digital property, which, like any marital assets, must be divided equitably upon divorce. Below, we offer insight into the process of dividing digital assets.…

Continue Reading How Online Assets Are Divvied Up During Divorce

If you’re one of Minnesota’s nearly 80,000 farmers, you face unique joys and challenges in all aspects of life — including marriage and divorce. While there’s no such thing as an easy divorce, the process can be particularly complicated when shared agricultural property and equipment are at stake. Keep the following considerations in mind as…

If you are currently pursuing a divorce in Minnesota, you’re probably worried about your financial future. Spousal maintenance is a huge concern, of course, but property division also threatens to harm your financial status. Who gets the house? How will you divide retirement assets? Read on to learn more about property division proceedings in the…