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Nov 29
1999
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Ask a Lawyer: Income &Debts treated after separation.Posted by Dads Divorce in Rules , Property , Procedures , post seperation income , MN , division , debt , Ask A Lawyer , allocation |
Question:
How are income and debts treated by Minnesota law? Does income after separation belong to both spouses or the one who earn it?
Answer:
I cannot answer your question directly to the laws of Minn. as I am not licensed in that State. Generally, a physical seperation does not make any income earned or debts incurred seperate. The income and debts are marital debts until the divorce is final. Many courts can consider the fact that you were separated when allocating the property distribution, but that is often discretionary with the judge.
