Marital Assets factors regarding divorce include any asset, property or value acquired by the parties during the marriage through the earnings or efforts of either party. Some of those assets may include the parties’ homestead, other real estate, bank accounts, investment accounts, retirement accounts, pension plans, 401k plans, and personal property such as automobiles, motorcycles, furniture, and jewelry. Some assets may have both marital and nonmarital values as discussed in the nonmarital description. You can review the full definition for marital assets and property in Subd. 3b. of Minn. Stat. 518.003 by clicking here.
If you are contemplating divorce and have a question about marital assets, please call an experienced divorce attorney at Felix Law Office, P.A. at 952-894-8380.