Protecting Your Assets During Property Division
Minnesota is a no-fault dissolution state. This means that bad conduct is not to be considered when dividing the property or awarding support. In the case of same-sex marriages, it also means that bad conduct does not need to be proven in order to see marriage dissolution. Property division is just and equitable without regard to marital misconduct. Understand that an equitable property division does not mean an equal property division. The court evaluates a wide range of factors to determine equitable property settlement.
The division and valuation of property can be a very long and expensive task. This is especially true when there is property that has both a marital and nonmarital component or when a family business must be valued. In these cases, William Casey Law Office, LLC, will often hire trusted experts to value a business or trace a nonmarital investment into marital property. Turning to these experts will ultimately decrease the total cost of your representation, give you accurate information and provide expert testimony if needed. Experts in these areas are often hired by both parties as a neutral. This saves even more on the total cost.
See the article on Factors Involved in Property Division for more in-depth information.
Put Our Experience To Work For You
Bill Casey has exceptional experience in helping couples to navigate the challenging path of marriage dissolution and property division.