Classifying and Dividing Marital Property in Illinois
The rule for marital property division in Illinois seems so straightforward: Property acquired before the marriage or by gift is non-marital, and according to the property presumption, everything else is marital property. But in long marriages, the black-and-white lines are very gray because it is not always easy to trace complex and ongoing property transactions to their original sources. Furthermore, as time goes by, the original records usually disappear, making a difficult problem even more challenging. Classification Almost all non-cash...
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