At the law office of Terzich & Ort, LLP, our lawyers work with men and women throughout the 13-county metropolitan area surrounding Minneapolis-St. Paul, helping them equitably divide their marital debts and assets. Though we recently formed this practice, we both bring extensive family law experience to our clients. Minnesota Law & Politics magazine has named both our partners as “Rising Stars” in the legal community every year since 2006, and attorney Jodi M. Terzich has been recognized as a Minnesota “Super Lawyer” for 2009. We built our reputation by offering prompt and courteous service at reasonable rates. To set up an appointment, contact our office or call us at 763-391-7354.
What Is Equitable Division?
Under Minnesota law, the property and debt that make up a marital estate must be divided equitably between a husband and wife upon dissolution of a marriage. This does not mean that the division must be equal, though often that is the fairest way to divide the debts and assets of a marriage.
At Terzich & Ort, LLP, we will help you work out an agreement for the equitable distribution of the assets and obligations of your marriage, including real and personal property, bank accounts and investments, retirement funds, and business assets. We will carefully examine all the property you own, so that we can determine whether any of it is nonmarital property (which is excluded from the marital estate and not subject to division).
Examples of nonmarital property include:
- Gifts or inheritances you received before or during the marriage
- Any property that you brought into or acquired before the marriage
- Any property acquired after valuation of the marital estate for purposes of the divorce
- Any property subject to a valid prenuptial agreement
We will help you trace nonmarital property, determining when it was acquired and what its current value is. Visit our marital property FAQ page to learn more.
At Terzich & Ort, LLP, we command extensive skill and experience handling the division of marital property in Minnesota. We have handled many complex property settlements and have a comprehensive understanding of the strategies available to successfully resolve these issues as well as tracing assets.
Schedule Your Consultation Today
To set up an appointment, call our Maple Grove property division lawyers at 763-391-7354. You may also email the firm to schedule your consultation. We meet with clients during regular business hours, and evening consultations are available upon request. We accept Visa, MasterCard, Discover and American Express.
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