Equitable Distribution of Property in Minnesota
Even if a divorce is relatively amicable, dividing property can still be contentious. It is important to have legal counsel that provides sound advice and experienced representation in matters related to the equitable division of property during divorce. This will help you protect your rights and move forward as smoothly as possible.
At the Minnetonka, Minnesota law firm Beckman & Steen, our attorneys represent men and women in matters arising from the division of marital property. We are knowledgeable and sensitive to the emotional turmoil that can accompany selling the family home or arguing over a beloved pet. We know that in difficult economic times, family stress levels mount and often complicate matters that might otherwise be easily resolved. We give clients the time they need to discuss issues related to property division while guiding them to a positive outcome.
Collaboration and Mediation
We are supporters of less stressful ways to resolve issues related to property division, including collaboration and mediation. A traditional, adversarial divorce is often made far more contentious by conflicts over property division. Collaboration and mediation can be used in divorce to resolve issues related to assets and without resorting to the courtroom. This also means that the parties, not the court, determine how property will be divided.
Issues in Equitable Property Division
When the court needs to become involved in the equitable distribution of property, it considers issues such as these to make a determination:
- Marital
- Nonmarital
- Individual Debt
- Joint Debt
We make sure that all marital and nonmarital property is identified and correctly valued. If needed, we will consult with experts to appraise family businesses and real estate and will work with forensic accountants to trace hidden debts and assets. It is important to be thorough and accurate during the process.
To learn how we can assist with contested property distribution, call to schedule an appointment with one of our experienced lawyers today.
