St. Paul family law attorney Allison Maxim notes that in Minnesota, all properties acquired by one of the partners before marriage, like mutual funds, retirement accounts, etc. are considered non-marital.
Under Minnesota law there’s marital property and non-marital property. So if you had a mutual fund or retirement account before you got married, there’s going to be a portion or all of that account that is considered non-marital, unless there’s a valid antenuptial agreement that excludes the accumulation of interest or dividends on that account. There may be some of it that has increased in value during the marriage that would be considered marital property. But anything that you have prior to marriage would be considered non-marital, under the law.