by Russell D. Knight | Oct 3, 2018 | Alimony, Child Support, Divorce, Maintenance, Property Division
Social Security and divorce have interesting effects on one another. 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 receiving a...
by Russell D. Knight | Dec 30, 2017 | Alimony, Child Support, Divorce, Family Law, Maintenance
Often, during the pendency of a divorce the couple find themselves supporting two households and trying to maintain the standard of living for both of the households while having just one income. In the absence of assets to live off, typically, this means the...
by Russell D. Knight | Dec 28, 2017 | Alimony, Divorce, Maintenance
Before the new tax law was passed by Congress and signed into law by the president on December 20, 2017, 26 U.S. Code Section 71(a) read “Gross income includes amounts received as alimony or separate maintenance payments” which mean that the alimony or spousal...
by Russell D. Knight | Apr 15, 2017 | Illinois Law
Maintenance (formerly known as alimony) is awarded for a period of time after the divorce. Maintenance can be for just a few months or maintenance can be permanent in Illinois. Illinois law provides that maintenance (formerly known as alimony) is awarded “For a...
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