Estate plans collide with the Dissolution of Marriage Act

Several issues emerged in a recent 2nd District Appellate Court opinion, In re Marriage of Asta v. Pappas, 2016 IL App (2d) 150160.In Asta, during the marriage, the wife acquired an interest in two companies, known as Olsun, founded in part by her father. She acquired Olsun more than nine years after her father died.The wife argued she inherited the stock and therefore it was …