Insights

Dealing with Divorce and Taxes
Divorce and taxes—two topics most people don\'t wish to think about. However, tax issues have a substantial impact on divorce and the lives of those involved. Here are a few key divorce tax takeaways that are sometimes forgotten:
Update Your Withholdings. People typically file ...Read More
A Fairly New Wrinkle in Minnesota Farm Divorces
One of the newest growing trends in Minnesota farm divorces involves both divorcing parties seeking to acquire the farm operation’s productive assets (land, machinery, equipment, etc.). In the past, it was typically presumed that the “farming spouse” will end up with the productive farm ...Read More

Divorce and Your Estate Plan
The last thing a person wants to do after getting divorced is spend more time with a lawyer. But updating an estate plan after divorce is crucial. In Minnesota, when a dissolution is granted a former spouse’s interest in the ex-spouse’s will is terminated ...Read More

Can’t I Just Get a Simple Postnuptial Agreement?
From time to time, I receive phone calls from potential clients who just want a “simple” postnuptial agreement. Usually, the situation involves an inherited business or other income-producing property—or some other (usually unforeseen) life-changing event that significantly impacts financial circumstances. Usually, the caller has ...Read More

The Great Wealth Transfer Is Here. Have You Divorce-Proofed Your Children’s Inheritance?
It is estimated that in the United States over the next 20 years more than $50 trillion in wealth will transfer from the Baby Boomers to Generation X and the Millennials. That is a lot of money. This Great Wealth Transfer is not going ...Read More

A New Reason to Review Your Minnesota Estate Plan After Divorce
While it has always been important to review and revise your estate plan when going through divorce, a recent Minnesota Court of Appeals decision, filed on May 23, 2022, makes doing so all the more necessary.
In the Matter of the Estate of Mathew Joseph ...Read More

Farm Divorce: The Complex and Confounding Concept of the “Double Dip”
One of the most challenging concepts for many family law attorneys (and even some business valuation experts) is the “double dip.” The double dip issue arises in many divorces involving farms or small businesses and can have a substantial impact on the bottom line ...Read More

Minnesota Supreme Court Weighs in on Spousal Maintenance Modifications
On May 26, 2021, the Minnesota Supreme Court filed its decision in Honke v. Honke. In that case, ex-wife received post-divorce cash gifts from her parents of $500,000.00 during the time she was also receiving spousal maintenance from her ex-husband.
Ex-husband asked the trial court ...Read More

Marital Liens Can Help Resolve Farm Divorce Disputes
When Minnesota farmers divorce, often there are insufficient liquid assets to allow the non-farming spouse to be immediately paid in full for his or her fair share of the marital estate. When that happens, the non-farming spouse is often paid over a period of ...Read More

Child Communication and Shared Parenting Time During the COVID-19 Pandemic
The Minnesota Health Department reported on Monday, March 23 that there are now 235 confirmed cases of COVID-19 in Minnesota. Schools have been closed, businesses have shut down, and there seem to be new developments to the crisis every day. If you are a ...Read More