Alimony
Cash money has a strange effect on people. Cash seems more real because you can touch and see the money. Cash is not just digital numbers on a spreadsheet somewhere. Cash can be instantly transferred or received. If no one…
Read MoreIn an Illinois divorce, there is a presumption that a supporting spouse or a spouse who made significantly more than the other spouse will have to pay the other spouse maintenance (formerly known as alimony). The amount of that maintenance…
Read MoreWhen two parties to an Illinois divorce have an ongoing obligation, maintenance or child support, between them, that obligation is usually based on the parties’ incomes at the time the order was entered. As time passes both parties’ incomes will…
Read MoreHaving a professional degree and license is often very lucrative (take it from me). A degree makes a person eligible for certain professional positions and a license makes a license holder an exclusive provider of some regulated service. These restrictions…
Read MoreIf you or your spouse own a business or part of a business, that business must be determined to be marital or non-marital for the purposes of division of assets in your Illinois divorce. If the business was started, acquired,…
Read MoreAfter a maintenance award is made in an Illinois divorce, there will be some language that will specify the amount and duration of maintenance. The amount and duration of maintenance is “designed to allow the recipient spouse to maintain the…
Read MoreMaintenance, formerly known as “alimony” in Illinois, is a way to further insure an equitable division of finances between two spouses who have unequal incomes. One spouse has relied on the other spouse for regular financial support, the Illinois legislature…
Read MoreAt the moment an Illinois divorce is registered, the final court documents capture a moment in time. A moment where both parties are unmarried…but they won’t be for long. People who get divorced usually get married again. A remarriage means…
Read MoreMost of people’s understanding of divorce comes from television and movies…which are made in California. Therefore, we often parrot back Californian law that has little to no impact in states such as Illinois. One Californian legal concept is that the…
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