Ed Shaw Law | no nonsense legal advice

To Get Started, Call Us At 800-507-0352

218-520-0325
  • Home
  • About
    • Shaw, Edward R.
    • Lubinus, Blake
    • Dosser, Marc W.
    • Porter, Jules M.S.
  • Our Practice
    • Family Law
    • Criminal Defense
    • Bankruptcy
    • Estate Planning And Probate
    • Real Estate Law
    • Civil Law
  • How A Lawyer Can Help Your Business
  • Success Stories
    • Testimonials
  • Blog
  • Contact
Ed Shaw Law | no nonsense legal advice
  • Home
  • About
    • Shaw, Edward R.
    • Lubinus, Blake
    • Westerberg, Sara N.
    • Porter, Jules M.S.
  • Our Practice
    • Bankruptcy
      • Chapter 7 Bankruptcy
      • Fair Debt Collection
    • Civil Law And Litigation
      • Types Of Civil Cases We Take
    • Criminal Defense
      • College Crimes
      • Domestic Violence
      • Drug Crimes
      • DUI Charges
      • Theft
      • Tourist Crimes
      • Violent Crime Charges
    • Estate Planning And Probate
      • Getting A Will
    • Family Law And Divorce
      • Child Custody
      • Child Custody Evaluation Services
      • Child Support
      • Divorce
      • High – Asset Divorce
      • Mediation And Divorce
      • Modifications
      • Orders For Protection And Restraining Orders
      • Property Division
  • How A Lawyer Can Help Your Business
  • Success Stories
    • Testimonials
  • Blog
  • Contact
  • Invoice Payment
  • Make A Retainer
Email
CALL
Local Solutions
For Local Problems
  1. Home
  2.  » 
  3. Firm News
  4.  » 
  5. MONEY AND DIVORCE

MONEY AND DIVORCE

On Behalf of Ed Shaw Law | Jan 13, 2025 | Firm News |

When divorces are tough there are usually issues with money.  The rules on dividing assets, money, real estate, vehicles, anything of value, are simple, it is generally divided equally, regardless of who earned it, or whose name is on it.  The exception is something that was owned before the marriage, or a gift to one spouse by family during the marriage, those are called non marital property, and they go to whoever had them before the marriage, or, received the gift.

The process of division involves putting everything into two piles, one for each spouse.  The goal is to even out the values, not including the non-marital items.  It seems easy, but, in cases where people have accumulated items of value during the years of marriage, it can be very complex and time-consuming.  For vehicles, you can use the blue books, for houses, can go with tax assessed values, or appraisals, for bank and investment accounts, you can use statements, for debt, you may also use statements.   It seems simple, but, as often as not, appraisers can have different opinions on house values, I have seen different appraisals with different opinions of value, blue book values are based on the vehicle condition, there can be disagreements on that as well.

Even worse, dealing with unusual or non-titled property.  Construction equipment, classic cars, personal collections, can be very tough to value.  Small items and household goods, i.e. hand tools, furniture, etc. are not only hard to value, but, because there is no record of ownership it can be a problem even proving who owns them.

Cases with a lot of property to fight over involve hours of hard work getting values, putting spreadsheets together, preparing appraisers and other witnesses to testify.  After that is all done it is up to the judge.  Just as putting a property case together is hard work, deciding after a trial is also tough.  Many judges put in the hard work and do a great job, but some struggle with sorting out the numbers.  Even the judges that do a good job have a hard time sorting out conflicting opinions of value and contradictory testimony.

The bottom line, if you can find a way to settle a divorce with property issues by making an agreement with the other side you will not only save thousands, but you could very possibly save well over 10 thousand in legal fees, you will avoid a lot of stress, and possibly an unpredictable decision.

 

Ed

Why do different states have different laws?

by Edward Shaw | Jun 30, 2025 | General Law

I get asked the question all of the time, why are the laws different in each state, and, why do people need to get different lawyers when they have legal issues in other states. The answer goes back to the founding of our country, we have always had a federal system,...

read more

Will I lose everything in Chapter 7 bankruptcy? 

On Behalf of Ed Shaw Law | Jun 5, 2025 | Bankruptcy

Chapter 7 bankruptcy helps erase debts when you cannot pay them and give you a fresh financial start. However, many people think of bankruptcy as losing everything. Fortunately, Minnesota laws protect essential assets.  Confidence comes from knowing your rights—learn...

read more

What is the difference between legal and physical custody?

On Behalf of Ed Shaw Law | Apr 23, 2025 | Family Law

If you're going through a custody issue in Minnesota, it's important to understand the difference between legal and physical custody. These terms may sound similar, but they each play a different role in your child's life. Understanding legal custody Legal custody...

read more

JAIL PHONES

by Edward Shaw | Apr 4, 2025 | Criminal Defense

Many of you have seen movies involving phone calls from a jail or prison, maybe some of you have gotten calls from a jail or prison.  If you have, you may be familiar with the message that often plays 'This call is from a correctional institution and may be...

read more

EXPERT WITNESSES

On Behalf of Ed Shaw Law | Mar 27, 2025 | Firm News

Most people outside of the legal system have never heard of expert witnesses, a critical part of the legal system.  Unlike regular witnesses, who can testify about what they observed or heard, experts can offer opinions.  Experts are used to explain a variety of...

read more

Contracts for Deed

by Edward Shaw | Mar 12, 2025 | Business Law

They are an alternative method of financing the purchase and sale of property.  Instead of the buyer getting a bank loan, payments are made to the seller.  The arrangement has its advantages, by taking payments over time a seller can in some cases save on taxes. ...

read more

WHEN DO YOUR RIGHTS HAVE TO BE READ TO YOU

by Edward Shaw | Jan 31, 2025 | General Law

I have written on this topic before, but, because it is a source of a lot of misunderstanding among the general public, it needs more attention. Police shows for decades have shown people being arrested and read the Miranda warning, 'their rights', you have the right...

read more

When can you sue someone for something they say?

by Edward Shaw | Jan 24, 2025 | Civil Law, General Law

Free speech is a cornerstone of our society, for good reasons.  A democracy depends on people being able to express their opinions about anybody, and anything.  Even the richest and most powerful in society can be criticized by any citizen in a free society. Like all...

read more

Tips for co-parents to keep the holiday season peaceful and joyous

On Behalf of Ed Shaw Law | Dec 6, 2024 | Custody

Co-parenting presents challenges throughout the year, but the holiday season can amplify these difficulties, even for those who maintain a cordial relationship with their former spouse. From Thanksgiving through the end of the year, the added stress of coordinating...

read more

Home For The Holidays

by Edward Shaw | Nov 27, 2024 | Firm News

It happens every year in the family court business, separated parents fighting over where the kids will be for the holidays.  The holiday season has its challenges to begin with, the stress or organizing get togethers, figuring out where people will be, traveling with...

read more
« Older Entries

Recent Posts

  • Why do different states have different laws?
  • Will I lose everything in Chapter 7 bankruptcy? 
  • What is the difference between legal and physical custody?
  • JAIL PHONES
  • EXPERT WITNESSES

Categories

  • Bankruptcy
  • Business Law
  • Civil Law
  • Civil Litigation
  • Criminal Defense
  • Criminal Law
  • Custody
  • Divorce
  • Domestic Abuse
  • Drug Charges
  • Drunk Driving Defense
  • Estate Planning
  • Family Law
  • Firm News
  • General Law
  • Orders For Protection
  • Parents Rights
  • Real Estate Law
  • Restraining Orders

Archives

RSS Feed

Subscribe To This Blog’s Feed

Contact The Firm

What’s on your mind? Send us a message.
We’ll get back to you soon to discuss how we can help.

Ed Shaw Law | no nonsense legal advice
  • Follow
  • Follow
  • Follow

Make an Invoice Payment



Brainerd Address

722 South 6th Street
Brainerd, MN 56401

Ph: 218-520-0325

Brainerd Office


St. Cloud Address

14 Seventh Ave North
St. Cloud, MN 56303

Ph: 320-347-7589

St. Cloud Office

© 2025 Ed Shaw Law • All Rights Reserved

Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw