Maintenance
Maintenance (formerly known as alimony) is a funny thing in Illinois. If you aren’t awarded maintenance at the finalization of your Illinois divorce, you can never ask for it in the future. But, if you are receiving maintenance, sooner or…
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Earnest Hemingway was once asked, “How’d you go bankrupt?” Earnest replied, “Two ways, slowly and then all at once.” That’s a lot like how a divorce works. Years of resentment and planning becomes tactics and strategy once the divorce is…
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At the end of your divorce you’ll receive a final document that says your spouse must pay you X dollars in maintenance (formerly knowns as alimony) every month. That final divorce decree will be emblazoned with an Illinois divorce judge’s…
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In 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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Every marriage has roles and responsibilities. Often, one party to a marriage ends up being the breadwinner or sole earner in the house while the other party takes care of the home and possibly the children. So much of an…
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Money is a funny thing in an Illinois divorce. In a divorce, money is an asset which can be divisible or not based on whether it is marital. In a divorce money is also evidence of income which can determine…
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Whenever money is being transferred there is a possibility of taxes. Perhaps there is no bigger transfer than the transfer of assets and income during divorce. Therefore, taxes and divorce must be considered together when negotiating and finalizing a dissolution…
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Divorces can take years and there is always the possibility that a party in a divorce case may die during the divorce. This means the divorce will not be finalized and then the marital estate remains unsettled and undistributed. What…
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Life insurance is an insurance against a person’s life in that it pays out money upon the death of the person. People typically purchase life insurance to support their family if, God forbid, they are no longer able to support…
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Social Security and divorce have interesting effects on one another in Illinois. Social Security is the United States’ federal government’s system for making regular payments to people if they are disabled and/or elderly. People who are getting divorced and also…
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