Property Division

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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.

Property division in Minnesota family court typically results in each party receiving an equal share of the marital estate. Here are some key provisions concerning the allocation of assets and debts as part of a divorce in Minnesota: Marital Property: Property acquired by the parties, during the marriage, through marital efforts. Non Marital Property: Property brought into a marriage by one spouse, acquired during the marriage as a gift or inheritance to one spouse, not the other, or property acquired during the marriage in exchange for another ……

Continue Reading Property Division in Minnesota Following Divorce

As more and more counties adopt the early neutral evaluation model, fewer divorce litigants face the prospect of a motion for temporary relief. A decade ago, nearly every party to a divorce would seek some sort of temporary order from the judge, given the fact that few alternatives were available for immediate structured debate and discussion concerning issues like custody, parenting time, child support, property division and spousal maintenance.…

Continue Reading The Process of Filing a Motion for Temporary Relief in Minnesota Divorce Court

In addition to homes, automobiles, bank accounts and furniture, retirement plans may be “marital property,” subject to an equitable division among the parties to a divorce.

Many twenty-pound books have been written about the methods of valuing, and dividing, retirement interests. In fact, some lawyers make their living handling only the orders associated with slicing…

Minnesota law categorizes property as marital or non-marital.

Marital property is usually divided equally while non-marital property is allocated entirely to the party who maintains the non-marital interest. Non-marital property involves the interest a party has in property accumulated prior to a marriage or property received as a gift or inheritence by one spouse, individually,…

In most dissolution cases, a host of assets and liabilities must be accounted for and divided. Homes, cars, boats, snowmobiles, retirement plans, business interests and other “big ticket” items are usually placed on a balance sheet and allocated among the parties, with the spouse receiving more value paying the other a cash equalizer. But what…

Holly Laiti has yet to speak publicly, but sources indicate that the 29 year old Idaho resident is the second winner in the second-largest mega-millions jackpot in its history. One interesting twist? Her estranged husband has been arrested nearly a dozen times, and convicted of offenses such as domestic assault, drug possession and providing alcohol…