During a divorce, the court determines how both parties should divide their marital assets and debts. Needless to say, how the court handles the division of assets and liabilities in your case can change your life.
At Johnson/Turner Legal, we don't take your trust for granted. We assign a team consisting of an experienced Minnesota property division lawyer, two paralegals, a client engagement specialist, and a life coach to every case, so you get the advice you need to tackle your case (and your life) with confidence.
We know that fees are a concern for many clients. That's why we use a flat-fee pricing model so you know up-front how much our services cost. Never worry about hidden fees again—at Johnson/Turner Legal, you pay for our services, not our time. Just the way it should be.
As an equitable distribution state, Minnesota handles property division differently than many states. In Minnesota, all assets and debts acquired during your marriage are considered "marital property" by the court. The only exceptions are gifts or inheritances explicitly awarded to one party as "separate property."
The court takes an inventory of all marital property and then divides that property "equitably" between the two parties.
An "equitable" division of property does not mean that marital property gets divided 50/50 between both parties. Instead, the court tries to divide assets and debts in a way that enables both parties to maintain a good quality of life post-divorce.
For example, if the parents share children, and one parent gets sole custody, the court might award the custodial parent the entirety of the marital house to assist with childcare.
During the property division process, neither party can take any actions that affect the value of assets (such as selling off or damaging an asset).
If you're getting ready to move forward with a property division case, here are some things you can do to get ready:
At Johnson/Turner Legal, we can help you understand the property division process more thoroughly and face your case with confidence.
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