Property Division Lawyers in Bloomington, Minnesota

Property division lawyers in Minnesota help men and women with the equitable distribution of assets during a divorce. A property settlement agreement for the division of assets can help the parties avoid litigating the issues in court. Other property division cases are resolved by the court at trial. The court may consider the contribution of each party, the tax consequences of the division of the asset, the needs of each party, and other relevant factors. The Uniform Marriage and Divorce Act (UMDA Section 307) provides for other factors including the duration of the marriage, prior marriages, and prenuptial agreements.