High-Net-Worth Divorce Specialist
Business equity, deferred compensation, real estate — Minnesota's equitable distribution requires expertise. This guide shows you exactly what you're entitled to.
Leanne Ozaine, CDFA® & CFP® | Specializing in high-asset divorces
Turn Panic Into Power — $97Q: What makes divorcing in Edina different for 50+ couples?
Edina is one of Minnesota's most affluent suburbs with high home values ($700K-$2M+), excellent schools, and substantial property taxes ($8K-$15K+ annually). At 60+, divorcing couples face the challenge of dividing significant home equity, retirement accounts from corporate careers, and determining whether one person can afford to keep the Edina home on a single retirement income.
Q: How does Minnesota's equitable distribution affect high-asset Edina divorces?
Minnesota divides assets fairly, not automatically 50/50. For affluent Edina couples married 25-35 years, courts consider each spouse's contributions, future earning capacity (limited at 60+), and economic circumstances. High-value homes, substantial 401(k)s, and investment portfolios are divided equitably, often favoring the lower-earning spouse in long marriages.
Q: Can I afford to stay in Edina after divorce at 60+?
With median Edina home prices of $800K-$1.2M+ and property taxes of $10K-$15K annually, plus heating costs for Minnesota winters, many 60+ divorcees cannot afford to maintain their lifestyle solo. You need to see whether your settlement provides enough investment income to cover housing costs, healthcare, and living expenses for 20-30+ years.
Q: What happens to my retirement accounts in an Edina divorce?
Minnesota requires QDROs to divide 401(k)s, IRAs, and pensions without tax penalties. For Edina professionals with substantial retirement savings built over 30-40 year careers in healthcare, finance, or corporate sectors, proper division and Social Security timing strategies are critical—at 60+, you can't rebuild what's lost to poor planning.
If you're over 50 and divorcing in Edina, you're not worried about custody—your children attended Edina High School and are now independent adults. Instead, you're dividing $1M+ homes with decades of appreciation, retirement portfolios from successful corporate careers, and determining whether your settlement can sustain Edina's premium lifestyle through retirement.
At 60+, every financial decision is permanent. Selling the family home. Splitting the 401(k). Timing Social Security. These choices affect your financial security for the next 25-30 years—with no opportunity to rebuild.
Here's what nobody tells you: A "fair" settlement can still leave you struggling.
50/50 sounds equal. But if you take the house and your spouse takes the 401(k), only one of you has retirement income. A pension isn't cash. Tax treatment turns "half" into 40% or 60% depending on which half you take.
Your lawyer knows Minnesota law. They don't know what you'll live on for the next 30 years.
Most people sign their settlement while still in emotional shock. The brain is in survival mode — the prefrontal cortex that makes rational decisions is literally offline. By the time the fog lifts, the settlement is final.
You need someone whose only job is protecting your financial future — not billable hours, not legal posturing. Someone who can show you exactly what different settlement scenarios mean for your life 5, 10, 25 years from now.
Edina residents in healthcare, finance, corporate leadership, and professional services have built substantial wealth over decades. Whether you're an executive at UnitedHealth Group, a professional at a Twin Cities financial firm, or across hundreds of companies serving Fortune 500 headquarters—gray divorce in Edina means dividing:
Your children are grown—no custody battles. Your challenge is splitting one affluent lifestyle into two financially sustainable retirements with limited earning years ahead.
Can you afford to keep the house?
Many Edina couples bought homes for $400K-$600K that are now worth $1M-$1.5M. That's substantial equity—but also substantial ongoing costs. At 60+, can your investment income cover $30K-$40K+ in annual housing expenses?
Downsizing to a condo, moving to a less expensive Twin Cities suburb, or relocating to a lower-cost state may be necessary to make the math work. Or you keep the house and live very conservatively elsewhere.
See exactly what keeping vs. selling your Edina home means financially →
Minnesota is an equitable distribution state, meaning high-value assets are divided fairly based on multiple factors—not automatically 50/50. For affluent Edina couples, this means:
Minnesota's moderate income tax (5.35%-9.85%) and no tax on Social Security benefits help stretch retirement dollars compared to higher-tax states.
Learn more about Minnesota divorce laws →
Edina professionals in healthcare leadership, corporate finance, and executive roles often have complex compensation beyond salary:
Stock-based compensation: RSUs, stock options, and restricted stock from UnitedHealth, Medtronic, 3M, Target, or other corporate employers accumulated over 15-30 year careers. Vested vs. unvested timing affects division.
Deferred compensation plans: SERPs (Supplemental Executive Retirement Plans), non-qualified deferred comp, executive bonuses that pay out over time. These are marital property if earned during marriage.
Professional partnerships: Medical groups, dental practices, consulting firms with buy-in equity and profit-sharing.
At 60+, the tax implications and timing of these asset divisions significantly impact your retirement. A poorly negotiated split can cost you hundreds of thousands in unnecessary taxes.
While your children are grown, the legacy of Edina's excellent schools may still affect your divorce:
Making financial decisions based on emotion rather than math can devastate your retirement. The Guide helps you separate sentiment from reality.
At 62 or 65, you can't spend another 30 years building wealth. Every decision in your Edina divorce—whether to keep the $1.2M house, how to divide the $1.5M 401(k), when to claim Social Security—determines your financial security through age 90+.
Before you agree to any settlement, you need to see:
The Fearless Divorce Guide shows you these numbers for your specific Edina situation. You see whether keeping the house bankrupts you in 15 years, or whether selling and investing the equity funds a comfortable 30-year retirement. Get clarity before you commit to anything.
The 5-step system that shows you what you'll actually live on, so you stop guessing and start knowing.
Calculate your real post-divorce income — including spousal support, assets, and earning potential — so you negotiate from facts, not fear.
Document gathering checklists tell you exactly what to bring to your attorney — so you walk in prepared, not panicked.
Map out your real expenses as a single person — before you fight for something you can't actually maintain.
The asset identification system helps you find accounts and property you might not even know exist.
22-page guide + video tutorials + checklists + templates
$97
Instant access. 100% money-back guarantee.
Get the Clarity You Need — $97You built an Edina lifestyle over decades. Make sure your divorce settlement supports your financial future, not just your emotional attachments.
Turn Panic Into Power — $97Schedule a Strategy Session