Seeking a Fair Division of Marital Assets and Debts
Of all the issues that need to be resolved in a divorce, one of the most difficult may be the division of property and debts. This process involves identifying all marital assets and debts, assigning an appropriate value to the property, and dividing it equitably between the spouses. This can be a complicated and sometimes contentious process, and the assistance of an experienced Saint Paul property division attorney can be essential to protecting your interests.
At the law firm of Askvig & Johnson, PLLP , we have experience handling the division of marital assets and debts for estates of all sizes. We have settled estates ranging in value from less than $100,000 to those in excess of $400 million. In every case, our only goal is to see that you receive a fair settlement above all else.
Ramsey County Business Valuation and Division Attorney
In some cases, the most difficult aspect of property division is separating marital property from non-marital property. In many cases, assets you owned or debts you incurred prior to getting married will continue to be yours after the divorce. Any asset or debt obtained during the marriage is presumed to be marital and is subject to division.
Some marital estates can involve complex assets, including closely held businesses, stock options and retirement assets. We have access to the necessary resources such as valuation experts, accountants and others who can help ensure that we have a clear financial picture before the division begins. We can advise you on the potential tax consequences of obtaining a certain asset and recommend strategies that could provide more benefit in the long term.
Discuss Your Case With One of Our Minnesota Attorneys
Contact our office today to discuss your property division questions with a lawyer. You can reach us by phone at 651-968-1174, toll free at 800-240-4862 or via e-mail to schedule an appointment.