In a divorce the court will not only divide the marital assets between the spouses (the good), but will also equitably divide the debts and liabilities (the bad). When negotiating a division of debt, it is important to know which spouse is legally liable to the creditor for the debt.
Spousal maintenance (commonly referred to as alimony) is an award made during a dissolution of marriage (divorce) or legal separation proceeding whereby one spouse is ordered to pay the other spouse money out of future earnings to assist in providing for his or her needs. Spousal maintenance may be ordered on a permanent or temporary basis.
If someone is harassing you, it is possible to get a "no contact order" that prohibits that person from contacting you or being near you. There are a number of different types of "no contact orders" that a Court can issue. One type is called a Harassment Restra
During your marriage, you may not have given much time to what assets belong to you, your spouse or both of you. You probably considered everything to be on a big pot that each of you could benefit from while you were together.
When you and your spouse married, the topic of a prenuptial agreement may never have crossed your mind. Maybe you felt you had no reason for such a plan, especially if you had little money and few assets. Perhaps you fully intended to write a prenuptial agreement, but the confusion and stress of planning a wedding put the idea on the back burner until it was too late.
Swenson Lervick is happy to have helped bring the Minnesota Supreme Court to Alexandria. The Court was in town on October 4 and 5 as a part of its outreach program designed to not only give students a close look at how the Court works but also to give them a chance to observe the oral arguments in a real case (State of Minnesota v. Heinonen).
If you and your soon-to-be former spouse are able to have reasonable discussions about the division of your assets as you approach your divorce, you are fortunate. However, there may be something you are overlooking. Just like the assets acquired during your marriage, the debts accumulated from your wedding day forward are marital property, and the court divides them equitably in states like Minnesota.
The holiday season will soon be upon us. This is a time of year that is filled with traditions such as holiday baking, special meals, gift giving, decorating, and gatherings of family and friends. As you reflect on the holidays you enjoyed as a youth, do memories of spending time with your grandparents make you smile?
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 bad behavior during the marriage. Generally speaking, the courts will equitably divide the marital assets and liabilities between the parties. That means spouses need to understand what is marital property.
If you suffer a personal injury in a car accident or other event that is someone else's fault, you may be entitled to compensation. Immediately following the accident is not the time to accept a personal injury settlement. This is especially true if you are still treating for your injuries, or if the full nature and extent of your injuries is not yet known. Typically a personal injury settlement will be a one-time payment, and the insurance company or the party who caused your injuries will demand that you sign a release in exchange for the payment.