Header image
Dedicated To Children
D. Siegel, Esq.
19 S Lasalle Street
Suite 707
Chicago IL 60603
Phone773-276-6868

Chicago Child Custody Lawyer

October 11, 2007

Issues In Maraital Property

Filed under: Uncategorized — davidmsiegel @ 7:51 am

Bank Accounts
 Where the trial court erred in classifying wife’s savings plan as marital property, on remand, the trial court was to include the savings in wife’s non-marital estate, and the marital estate was to be reimbursed for the contributions made to the savings plan after the date of marriage.  In re Phillips
 Business assets of cleaner business operated by husband and wife were properly awarded to wife pursuant to former Ill.Rev.Stat., ch. 40 para. 18 (see now this section) where all of the real estate was carried in her name, all money was handled by her and all checks signed by her, she operated as the sole and exclusive owner, and there was no proof that she ever recognized or held out her husband to be partner in the business or to have any other interest save as an employee.  Sykes v. Sykes
Commingling with Marital Property
 Where a spouse commingles non-marital property with marital property by investing non-marital funds in the marital home, a court may refuse to trace the investment and refund it to the paying spouse.  In re Cleveland
Debt
 Where there was evidence to support a finding that a debt was too uncertain to be included in the marital estate, the decision was not against the manifest weight of the evidence nor an abuse of discretion.  In re Pickell

No Comments

No comments yet.

RSS feed for comments on this post. TrackBack URL

Sorry, the comment form is closed at this time.

Powered by WordPress