Legal Question in Family Law in Illinois
Real estate property that has been deeded from a mother to her son for the sum of $1 and mothers holds Life Estate. The son is in a divorce., so can the wife make any claim to this ss an asset since deed shows it was conveyed over to the son?
Asked on 2/27/17, 10:05 pm
1 Answer from Attorneys
Jonathan Shimberg
Shimberg and Crohn, P.C.
Son will argue, with much vigor, that it is non-marital property - a gift from Mom- Did Son pay anything for the property - was the transfer exempt? There is a resumption that it is marital property, so it is the son's burden to prove it falls within the exceptions which allow foir non-marital property.
Answered on 2/28/17, 4:24 am