Q: How is ESOP split in a MN divorce if my employer contribute 100% and I start3d it before I got married?
My esop growth has earned me nearly 4M over the last 25 years. At the time I was married, I had about 20k in it. Never put a penny into it. Is this an asset that is 100% mine or does this have to be split in a divorce?
A: An attorney cannot provide a definitive answer in a free online Q and A. A recent court ruling may provide a change to the traditional distribution. The esop growth has earned nearly 4M over the last 25 years during the marriage. All property acquired by either spouse during the marriage is presumed to be marital property. To overcome this presumption, a spouse has the burden of proving by a preponderance of the evidence that the property is nonmarital. Rob Kane Eagan Family Law Attorney.
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