At Corri Fetman & Associates Ltd., we are dedicated to helping you navigate these intricacies with confidence and clarity.
Understanding Non-Marital Property
During a divorce, non-marital property is typically not subject to division and usually remains with the original owner. Non-marital property typically includes assets acquired before the marriage, gifts, inheritances, and certain assets designated as separate in prenuptial or postnuptial agreements. It is crucial to identify non-marital property versus marital property, as it directly impacts the property division process and allocation of assets.
Illinois law recognizes non-marital property as distinct from marital property, and it is not subject to equitable distribution. However, in certain situations, non-marital property may become commingled or transmuted into marital property, making it eligible for division. In these scenarios, having a knowledgeable and experienced legal team is crucial to obtaining a fair distribution of assets.
Why Choose Corri Fetman & Associates?
Our firm’s approach to establishing and negotiating non-marital property designations is rooted in strategic thinking, experience, meticulous preparation, and a deep understanding of Illinois family law. Here are a few of the top reasons why clients trust us to handle their property division matters:
Knowledge and Experience
Attorney Corri Fetman brings a wealth of knowledge to each case. With a unique background that includes experience in both litigation and law, she has successfully handled numerous property division cases involving non-marital assets, providing effective guidance and advocacy to protect her client’s rights and interests. Corri is well-known for her work in family law, particularly in complex divorce, prenuptial and postnuptial agreements and custody disputes. Her well-established media presence and publications have helped showcase her extensive knowledge and commitment to her clients nationally and internationally.
Tailored Strategies
We take pride in offering legal services tailored to your unique situation. Our team will work closely with you to learn about your specific needs and craft strategies that ensure a fair and favorable outcome.
Comprehensive Legal Support
From initial asset identification and valuation to negotiation and court representation, we provide comprehensive support throughout the property division process. Our goal is to secure a resolution that reflects your contributions and protects your financial future.
Client-Centered Approach
At Corri Fetman & Associates, we prioritize our clients’ well-being. Our team is responsive, compassionate, and committed to ensuring you feel heard and validated during this challenging time. We are dedicated to being your steadfast ally, providing clear communication and strategic counsel every step of the way.
Identifying Non-Marital Property
Accurately identifying assets that qualify as non-marital can be complex, especially if commingling has occurred. When non-marital assets are shared by both spouses, they may become “commingled” and could potentially be considered marital property. It is also possible for some assets to have characteristics of both marital and non-marital property.
Our team is adept at distinguishing non-marital assets from marital ones, even in complex scenarios where commingling has occurred. We ensure that your non-marital property is accurately classified and safeguarded during the division process.
If non-marital assets have been commingled with marital assets, we ensure that tracing their origin and each spouse’s contributions will be accomplished in order to preserve the non-marital status. This requires detailed documentation, possible retention of experts and a strategic approach to protect your interests.
Contact Us
If you are facing the complexities of a divorce involving non-marital property, trust Corri Fetman & Associates Ltd. to provide the reliable guidance and dedicated support you need. Contact us to schedule a consultation and take your first step toward securing a fair and equitable resolution.
