Determining Income of the Self-Employed Spouse
Defining the net income of a self-employed spouse is not a simple task. Often, a divorcing party does not report his/her full income when self-employed. Likewise, income tax returns are
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Marital Property
Under Minnesota divorce law, any asset acquired after marriage by either party is considered marital property. The Court has the authority to divide this marital property “fairly and equitably." In
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Non-marital Property
In Minnesota, non-marital property is generally not subject to division by the Court in a divorce proceeding. Therefore, if a spouse can establish that a given asset is non-marital, he or
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Understanding division of property during a divorce in Minnesota
In a Divorce proceeding, the Court has the power to “justly and equitably” award property. Therefore, it is extremely important to note that the Court does not automatically apportion property
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Facts about retirement accounts during a Minnesota divorce
If a spouse earns retirement benefits during marriage, the other spouse has a marital interest in such assets. As a Minneapolis Divorce Lawyer, I’ve seen many misconceptions to believe that
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Minnesota Divorce & Debt
During a divorce, debt is divided by the Court in a “just and equitable” manner. If one party is using a credit card to pay household items and the other
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Minnesota Divorce & Property Division
In a Divorce proceeding, the Court has the power to “justly and equitably” award property. Therefore, it is extremely important to note that the Court does not automatically apportion property
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