Q: I just found out my spouse is having an affair. I also found out that my spouse has used our money to support the affair in the form of gifts, dates, and so on. My spouse says he wants a divorce. What can be done about the money that has been spent on the […]
By: Letty M-S Van Ert Q: I am a business owner. I am now getting a divorce. Is my business an asset that has to be valued for the divorce? How is a business valued for purposes of a divorce? A: Generally yes, a business is an asset that must be valued during […]
Q: How does Minnesota law treat taxable retirement assets with regard to a divorce settlement?
A: The Minnesota Supreme Court answered this question in the case of Maurer v. Maurer, 623 N.W.2d 604 (Minn. 2001). In that case, a husband and wife
Q: What is the difference between a community property state and a non-community property state? What is the impact on a divorce?
Q: What is the difference between marital and nonmarital property? What is the impact on a divorce?
A: In Minnesota, all property acquired by either spouse during the marriage is