Legal Question in Family Law in Minnesota

According to Minn. Stat. 518.58, subd. 1 the court shall value marital assets for purposes of division as of the prehearing settlement conference unless a different date is agreed upon or the court decides another date is fair and equitable. Your attorney might be avoiding the question because there is no clear cut answer. Parties can negotiate different dates for the division of debt: the date of separation, the prehearing date, the date the parties mediate, etc. Most of the time you have to provide verification of your debt and then the parties' negotiate how to divide it. Which figures are used in your case will likely depend upon the negotiations but if your divorce goes to trial, the court might use the prehearing date.