Helping Minneapolis Men Protect Their Assets
Minnesota law presumes that you and your spouse contributed equally to your assets while you were married, even if this was not in fact the case. As a result, marital assets are divided equally in the event of divorce, regardless of how unfair this may seem.
At the law firm of Hajek & Beauclaire LLC, we represent men throughout the Minneapolis-St. Paul metropolitan area and Greater Minnesota in disputes over marital property division in divorce. We are experienced in litigating issues such as:
- Protection of separate property rights
- Protection of inheritances, gifts and family assets
- High-asset divorce
- Division of closely held businesses
- Division of pension plans, 401(k) plans and IRAs
- Division of debts such as loans and credit card bills
Our lawyers also draft prenuptial and antenuptial agreements to protect your assets in the event of a future divorce.
Is Divorce In Your Future?
If a divorce is in your future, it’s important to discuss your property and assets with a knowledgeable attorney as soon as possible. You should not assume that any of your assets are protected. For example:
- If you owned an asset before your marriage, the underlying asset is considered separate property. However, any increase in the value of the asset during your marriage may be considered marital property and may be subject to division.
- If you mingled separate property with marital property or titled separate property in your spouse’s name, that property may change into marital property. This is known as “transmutation.”
Marital property division laws are complex and only an experienced attorney can advise you about the likely division of your assets in a divorce. You should not rely on information from friends who have gone through divorce. Your circumstances may be different.