Under Illinois statute 750 ILCS 5/503, marital property means all property acquired by either spouse after the marriage except for certain types of non-marital property such as acquired through a gift, legacy or descent, and other exceptions set forth in the law. There is also a presumption that pension benefits acquired by either spouse after a marriage and before a judgment of dissolution of marriage are considered marital property.

Paul Marcotte can provide information regarding the legal and financial issues involved in a divorce and answer your questions. He represents clients in Chicago, suburban Cook, DuPage, and Will Counties.

We can provide information to assist you with marital property issues.