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January 2020 Archives

Dealing with division in Divorce

Minnesota is a "no fault" divorce state, which means courts will not financially punish or reward a party when dividing assets and debts because of good or bad behavior during the marriage. Generally speaking, the courts will "equitably" divide the marital assets and liabilities between the parties. Disputes arise over whether an asset is "marital," and therefore subject to division, or "non-marital," in which case one party is entitled to the asset without consideration to the other party.

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