The parties divorce. In their agreement, they are each to make and keep in full force and effect a valid will. It is to provide that each of them will give and bequeath at least 50% of their net estate to their six children in equal shares. They also agreed to a remedy in [...]
Neither party presented the trial court with expert opinion testimony as to the value of the marital residence and a piece of rental property. The husband testified as to his own personal knowledge of what he believed the combined values of the two properties were worth. The wife presented evidence as to the assessed value [...]
At trial, the wife testified about and introduced into evidence several spreadsheets. She argued that they made a basic showing that the husband had dissipated over $160,000. In unaccounted cash withdrawals from his bank accounts from 2010 through the first half of 2016. Dissipation is the use of marital assets for the benefit of one [...]
Wife filed a petition for dissolution for marriage. Husband filed an answer and counterpetition. He also filed a declaratory judgment action. He was asking that their antenuptial agreement was valid and binding. At the conclusion of trial, husband's counsel requested the court to enter a judgment of dissolution. Wife objected. Husband had a serious medical [...]
The trial court held that the home in which parties resided for their 28–year marriage was marital property. It awarded the home and its furnishings to wife. Husband appealed. The marital home, located in Winnetka was acquired by the parties after their marriage. It was acquired and built from the proceeds from the sale of [...]
At the divorce trial, the Trial Court held that the marital residence was husband’s non marital property. It ordered husband to reimburse the marital estate for monies it had contributed to build the marital residence. Wife argued that the residence was marital property. Wife appealed. Husband had contributed a substantial amount of non-marital funds towards [...]
Man filed a replevin action against his former fiance for return of a diamond engagement ring. Attached to the complaint was a form entitled "Insurance Replacement Appraisal," from a jeweler. The estimated value of the rig was $100,000. A picture of the ring was included. The man argued that an engagement ring is a gift [...]
The Appellate Court agreed with wife’s argument that the trial court should not have entered a default judgment against her. It had contained a joint custody order. It contained full detail on how the parties were to share responsibilities and time with the children. It divided up the assets between the parties. It divided the [...]
It was a month before they were married. Toni and Charles signed a "Premarital Agreement." They agreed that the property of each would remain separate after their marriage. They explicitly waived any right to each other's property. Two years after they were married, wife died. Her estate and her father now seek to enforce the [...]