Property Division - Minnesota Divorce Source

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Who Gets the Engagement Ring in Minnesota Divorce Cases? by Eric C. Nelson, Esq.

Minnesota law is very clear on this point. If an engagement ring was given prior to the marriage, and a marriage subsequently took place, then the engagement ring is the non-marital property of the recipient, and the giver has no right to any of its value.

Who Gets the Dog in Minnesota Divorces? by Eric C. Nelson, Esq.

In Minnesota divorce law, dogs, cats, and other pets are considered personal property. So if you owned a pet prior to the marriage, or acquired it during the marriage by gift or inheritance, or with non-marital money, then that pet is your non-marital property. Otherwise, it is marital property, and may be awarded to either party.

Valuing & Dividing the Marital Estate by Maury D. Beaulier, Esq.

Marital property laws in Minnesota and Wisconsin define the marital estate (community property) as any asset acquired during the marriage whether that asset is held in the name of either party or both.

Real Estate/Homestead Divisions by Maury D. Beaulier, Esq.

n a divorce, one of the most difficult issues is often what happens to the house the family lives in or other real estate. There are a number of options that must be considered when determining how real estate is to be divided in a divorce.

Dividing Unvested Pensions and Stock Options in Divorce by Maury D. Beaulier, Esq.

Often Parties are faced with difficult issues related to the division of property. One of the more vexing property settlement issues is dividing marital assets that have not yet vested.

Dividing Deferred Compensation Plans by Maury D. Beaulier, Esq.

Deferred compensation refers to pension plans, 401K plans, IRAs and other retirement assets. Such plans are divisible as part of a property settlement in divorce regardless of which party is named on the plan. How they are divided depends on the value and nature of the asset.

Credit - Debt Division and Divorce by Maury D. Beaulier, Esq.

Divorce can have devastating financial consequence. During a marriage, you learn to budget based on a family income and on family debts. Some of the monthly expenses remain constant like mortgages and car loan payments.

Property Divisions and Non-Marital Assets by Maury D. Beaulier, Esq.

In any divorce case, there is usually a division of assets and a determination of each persons responsibility for debts.

Valuing a Business in Divorce by Maury D. Beaulier, Esq.

In today’s economy, it is more and more common for divorcing couples to struggle with the valuation and division of a small business as part of the divorce process.

Property and Debt Allocation in Minnesota Divorce by Eric C. Nelson, Esq.

In Minnesota, all property acquired during the marriage by either party is presumed to be marital property.

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When custody is in dispute, a Minnesota court issues a custody order that is in the "best interests of the child." Joint custody will only be awarded if parents have shown the court that they are willing and able to cooperate. A court also examines several factors with the child's welfare in mind. They include (1) the child's preference, (2) each parent's health, (3) the child's health and whether any special needs exist, (4) each parent's relationship with the child, (5) which parent has been the child's primary caretaker, (6) each parent's ability to provide a stable environment for the child, (7) any history of domestic violence or child abuse and (8) any allegations of abuse.

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