Maintenance
In Illinois, maintenance (formerly known as alimony) is always one of three different numbers: Zero. Because maintenance is not warranted in this divorce case. 33% of the payor’s net income minus 25% of the payee’s net income (with payor’s income…
Read MoreThe prospect of divorce is frightening. Splitting assets and seeing your children half the time (or less) are harrowing possibilities but the continuing obligation of maintenance (formerly known as alimony) seems the most daunting. Before the divorce, you were supporting…
Read MoreIn an Illinois divorce, the parties’ incomes must be verified. To ensure that a spouse is being paid what they claim they are being paid, ask to see what money they are actually collecting and what money they tell the…
Read MoreA divorce is a big change. It is not uncommon for a divorced party to treat that change as an opportunity for self-improvement. If a soon-to-be-divorced person is foreseeing a lifestyle that goes from two incomes to one income, they…
Read MoreIn the panic of considering a divorce in Illinois, both parties will be quick to consider the “worst case scenario” and research what they are each entitled to. Inevitably, the parties to a potential divorce specifically want to know what…
Read MoreThere are three quantifiable inputs in an Illinois divorce: 1) Time the children currently spend with each parent, 2) Marital assets and debts of the couple and 3) The income of each party. Everything else that determines the results in…
Read MoreWhen I was a child in the early 80s, I remember adults discussing inflation and its effects. Then, the issue of inflation disappeared for 40 years. Now, inflation is back and it is impacting all of our assets, incomes and…
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 MoreIn America, almost everyone is expected to work. A person who doesn’t work will have find that their lack of employment has massive implications if they get divorced. The Illinois family law courts recognize that there is a big difference…
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