non-marital property

The Difference Between Marital and Non-Marital Property

Marital property is any property that is acquired during the marriage. If during your marriage you and your spouse purchase a home, then this home is considered “marital property.” If during the marriage, you start a new job and receive a retirement account through your position, the retirement account is considered ...

Katie Lammers2020-08-27T16:54:45-05:00February 1, 2011|Categories: Family Law Blog, Property Division|Tags: marital property, non-marital property, property division|

Is a Personal Injury Settlement in Minnesota Marital or Non-Marital Property?

In a divorce proceeding, a personal injury settlement can represent a large amount of money that will have to be divided between the parties. Usually, this type of settlement occurs in Personal Injury or Workers Compensation cases. In Minnesota, a personal injury survivor can recover for a variety of losses including: past and future ...

Katie Lammers2020-08-27T16:53:18-05:00November 6, 2009|Categories: Family Law Blog, Property Division|Tags: marital property, non-marital property, personal injury settlement|