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Divorce and the farm.
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Greywolf
Posted 5/21/2018 11:35 (#6771571 - in reply to #6771546)
Subject: put some n his kids name or sell to a good friend



Aberdeen MS
Run that one by his attorney before trying it.

When I went through my divorce, no assest could be changed or disposed of unless with the courts blessing.

In MN, any asset obtained prior to the marriage or via inheritance was untouchable by the spouse. The value change from the time acquired until the dissolution was open to the 50% share.

The example given to me by my lawyer was this.

Aunt Sally willed me $20,000.00 cash 1 year before the divorce. I put the 20K into a savings account. Wife was due half the interest accrued, couldn't touch the 20. If I took the 20 and bought a pickup, half the pickup was her's. I didn't inherit a pickup, just the $$ used to buy it. The asset was changed.
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