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Olson Law LLC
A Boutique Specialty Law Firm In Buffalo, Minnesota

Asset Division

One of the most challenging and dramatic aspects of divorce is the final act of dividing marital assets and determining spousal support. Minnesota law requires judges to make a just and equitable division of the marital property. Since Minnesota is a no-fault divorce state, it does not matter who is responsible for the dissolution of the marriage. The judge still must divide the marital property fairly, although this distribution is not always equal.

Equitable Asset Division and Spousal Support

Olson Law knows how to protect your assets and have maximum control over how they are divided, before you sign a marital termination agreement. You want to be assured that the equity built during your marriage is treated as a full partnership.

Two kinds of property are considered during asset division: marital and non-marital. Marital property includes everything you and your spouse bought or were given during your marriage, from homes, cars, pension plan benefits or stocks, to dishes and furniture. Even financial debt is included.

Non-marital property is property acquired before the marriage or property acquired as a gift or inheritance made by a third party to one spouse but not the other. Our law team will help you appraise, identify, photograph and trace individual ownership to show proof of legal possession.

Get The Best Settlement For You

When deciding an equitable settlement, the court will base its findings, among other things, on length of the marriage, age, health, occupation, vocational skills, sources of income, needs and liabilities of each party. Protect yourself in the marital termination agreement with the counsel and guidance of Olson Law. We can help you prepare for an equal distribution settlement that the court will deem is fair.

Life is complicated. When you're faced with a family crisis, you want a compassionate yet diligent attorney who can be a fierce advocate for your case. Olson Law empowers clients to evaluate options and protect their rights. With a responsive, intelligent approach, we guide you through the difficulties ahead to minimize their impact on your life. Our knowledge and insight offer resources that specifically support the needs of couples struggling with divorce, child custody, parenting, and the many challenges related to family law.

Let's start with your story. Call 763-682-4009 for a free consultation.

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Ask An Attorney

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

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Privacy Policy