There are two different tracks one can take when an estate needs to go through the probate process in Minnesota: formal and informal. Informal probate is the most commonly used form, and is easiest for parties to use when the assets are straightforward and when everyone involved gets along. However, there ...
When parties are married, everything that is earned or created during the marriage is marital property. Also included in the definition of marital property is a portion of any asset that was acquired before the marriage but increased in value during the marriage. Business Interests An asset that people often overlook ...
When parties decide to get a divorce, how do they determine the parenting schedule that will be used? The court looks at the 13 “best interest” factors when determining custody. Each of the factors is weighed in the analysis, and the court will determine who should have custody. However, when the parties ...
A common part of a settlement agreement with divorce is the division of the homestead. Real property is considered marital if it was purchased during the marriage, regardless of whose name is actually on the title. In addition, if one party purchased the home prior to the marriage, the other spouse ...
Under Minnesota law, when two married individuals plan to separate, the most common route is to get a divorce. Often, people want to get an annulment for religious reasons. However, a religious annulment and a legal annulment are two different things. Individuals who go through the divorce process in the court ...
In the current economy, many people have been faced with the reality of bankruptcy. Often, people spent more than they had and are left holding the bill. The bankruptcy process exists to give individuals a fresh start, but what happens when your ex has an ongoing obligation to you? Minnesota Bankruptcy ...
In paternity matters, it does come up every so often that a man is told he is the father, has no reason to doubt it, and enters into an arrangement to take care of his responsibilities as a parent. Later down the road, he finds out that the child is not ...
Sometimes when clients come to us to get divorced, both the client and their spouse have already determined how they want their assets and debts divided and what kind of custody arrangement they would like to use. These are sometimes referred to as “quickie divorces” because they do not take the time ...
The recent downturn in the economy has affected the amount of divorces over the past year. Our office has seen two trends: Some couples are waiting to file for divorce until the market rebounds. They are concerned in the lowered value of assets such as the marital home and retirement ...
