In Minnesota, assets and property acquired during marriage are generally considered marital property and subject to equitable division upon divorce. Some assets are fairly straightforward and simple to divide, such as a shared bank account. Others, such as a business or professional practice, require more thorough investigative and valuation efforts.
The notion of starting your own business can prove to be as unnerving as it is exciting. That's because you will likely end up having to invest your hard-earned resources and perhaps even take out a loan to help get your fledgling enterprise off the ground.