For business owners in Anoka County, divorce can mean more than the dissolution of their marriage. The future of their company could be at stake. That is because, many times, an ownership stake in a business is a marital asset. This could be true whether you and your...
Men and women approach property negotiations differently
A divorce is typically the culmination of a longstanding conflict between spouses. And throughout the divorce process, there will be a number of potentially contentious issues to resolve, one of which is property division. On the surface, it may seem that men and...
Knowing value of marital property helps assure a fair settlement
If you are in the process of getting divorced, you are likely aware that you have issues that must be resolved. In fact, a divorce could end up occupying a large portion of your time until the final decree is signed. This is because you are essentially reorganizing...
Postnuptial agreements are on the rise, lawyers say
If you got married without a prenuptial agreement, and regret not getting one, don’t worry. It is not too late to protect your finances in writing in case you ever must get divorced.Just as a “pre”nuptial agreement is drawn up before you and your...
9 reasons a Minnesota judge might reject your prenuptial agreement
We have spoken before in this bog about prenuptial agreements, and how they give numerous Minnesotans reassurance that they will not lose valuable assets if they get divorced someday. While a prenup is a good idea for many couples, it is also a legal contract that...
How Minnesota judges create an ‘equitable’ property division
Like most states, Minnesota uses the “equitable division” standard when splitting up marital property during a divorce. It is important to remember that, in this context, “equitable” does not automatically mean “equal,” though in...
We’re in love! Why should we get a prenuptial agreement?
So, you have found “the One.” The person you want to spend the rest of your life with. The two of you have are deeply in love and cannot imagine ever being apart. Why would you ever consider a prenuptial agreement, let alone the possibility of...
How does a forensic accountant help during divorce?
Detectives on television shows like “CSI” and “Bones” use a Hollywood version of forensic science to solve crimes, and this is likely the version most people are aware of -- examining a murder victim’s body and collecting DNA from the...
Divorce tends to be more complex, the more assets you have
There are a few things that every divorce that takes place in Minnesota has in common. The most obvious thing is that the parties are spouses, and at least one spouse no longer wishes to be married to the other.Then there is division of property. Virtually every...
Can we use a prenuptial agreement to figure out pet custody?
As we discussed in this blog back in December, many pet owners in Minnesota feel nearly as close to their pets as they do to their children. But unlike with children, divorce law does not provide for “dog custody.” Instead, companion animals are considered to be...
