| Property Division – Minnesota

Following a divorce, it may be necessary for the parties to sign documents of conveyance for specific property. Property is generally classified into two categories: marital property and nonmarital property. Marital property is any property acquired during the marriage and subject to division, whereas nonmarital property is property acquired before the marriage or in special circumstances. Nonmarital property is subject to division only in very limited circumstances.

Dividing Marital Assets

In Minnesota, it is not required that the Court evenly divide the marital estate, however the Courts generally attempt to grant each party a substantially equal portion of the marital assets. The Court also has discretion to divide debts between the parties.

Experienced Asset Division Attorneys in Minnesota

For issues of property division, family law attorney Jonathan Fogel can help with mediation, legal questions, and representation. Contact Fogel Family Law today to set up your consultation today.

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