Divorce Lawyers in Bloomington, Minnesota
Division of property can be a complex and contentious aspect of divorce. At Bloch & Whitehouse, P.A., we are well-versed in the laws pertaining to the division of assets and debt. We are equipped to protect your interests and help you obtain a fair property division.
Contact us today to speak with a skilled Minnesota divorce lawyer.
Equitable Property Division
At Bloch & Whitehouse, P.A., we help people with all aspects of divorce, including the issue of property division. In Minnesota, the law dictates a "fair and equitable" division of marital assets and debt. Marital property generally includes any property obtained by either spouse during the course of the marriage. Property deemed "non-marital" is not subject to division and includes:
- Property owned before the marriage
- A gift intended for and received by one spouse during the course of the marriage
- An inheritance received by one spouse during the course of the marriage
Our attorneys will take the steps that are necessary to determine the values of your property, and obtain information and documentation from the other party through the discovery process when necessary. We will also seek the input of experts, whether home appraisers, pension valuators (actuaries), business valuators or the like, as appropriate.
Divorce and Debt
While property and assets are divided in a divorce, so is debt. Debt incurred during a marriage including mortgages, credit cards and car loans will be divided between parties in some fashion following a divorce. However, there are instances in which some types of debt are not shared by both parties. It is important to explore all of the options available for the allocation of debt between parties so that you are not facing added stress over debt after your divorce. If you are entering a divorce and there is debt involved, it is wise to consult with an experienced divorce lawyer as early as possible to protect your financial interests.
Contact Bloch and Whitehouse, P.A. Today
If you are facing a property division dispute, we are here for you. Contact us online or by telephone locally at 952-232-5622 or toll free at 866-765-8149 to speak with an experienced Minnesota divorce lawyer. We represent men and women from Minneapolis, St. Paul and throughout the Twin Cities metro area. For your convenience, we offer free initial consultations and accept Visa and MasterCard.
