It is not uncommon for someone to experience an injury, whether at work or elsewhere, that eventually culminates in a settlement. In this case, the injured party may receive either periodic payments under a payment schedule or a single lump-sum payment. When a recipient of settlement funds is seeking a ...
The division of family heirlooms in a divorce proceeding largely depends on whether the heirloom is considered marital property or non-marital property. In Minnesota, non-marital property is property that one party either; (1) acquired before the marriage; (2) acquired during the marriage by gift, bequest, devise, or inheritance from a ...
Marital property is any property that is acquired during the marriage. If during your marriage you and your spouse purchase a home, then this home is considered “marital property.” If during the marriage, you start a new job and receive a retirement account through your position, the retirement account is considered ...
In a divorce proceeding, a personal injury settlement can represent a large amount of money that will have to be divided between the parties. Usually, this type of settlement occurs in Personal Injury or Workers Compensation cases. In Minnesota, a personal injury survivor can recover for a variety of losses including: past and future ...
