Legal Question in Family Law in Illinois

If it is written in the divorce that one party receives a piece of property in the divorce once the party in possession dies and the party with possession decides to buy the other party out, can a written letter releasing the party of their obligation be satisfied by a letter written, signed, witnessed and notarized that they are giving up all rights to the property be legal and binding.


Asked on 6/09/16, 11:36 am

1 Answer from Attorneys
Jonathan Shimberg Shimberg and Crohn, P.C.

Yes - such a letter can be drafted

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Answered on 6/09/16, 12:37 pm


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