Laura Gottlieb Answers:
Illinois classifies property in two ways: marital property and non-marital property. Marital property are assets and/or debts acquired during the marriage. This property will be divided between the spouses pursuant to a divorce. Non-marital property includes property acquired prior the marriage, by gift, inheritance, and property excluded pursuant to a valid prenuptial or postnuptial agreement. This property must be kept separate from your spouse to maintain a non-marital classification in a divorce proceeding.