When going through a divorce, one of the most complex issues to deal with is the division of assets. In Minnesota, community property is not recognized. This means that marital assets are not subject to a 50/50 split between divorcing spouses. Instead, assets are subject to equitable distribution, which means that assets are divided by the courts in a way that is fair and just according to the situation.
If you are facing divorce in Minnesota and you want to ensure that you get the best possible outcome for yourself and your family, it is important that you thoroughly understand the law and that you take the following considerations into account.