Category: Spousal Support Lawyer

How Is Spousal Support Calculated?
Posted March 17, 2021

One of the largest concerns that a divorcing couple has is the state of their finances post-divorce. Once the court has made a decision regarding spousal support or maintenance, it has to determine the amount as per statutory guidelines. How Spousal Support Is Calculated in Illinois The length of the marriage plays a large role […]

Read More
Considerations for Spousal Maintenance in a High Net Worth Divorce
Posted May 28, 2019

High net worth divorces are slightly different from other divorces. Usually, these divorces involve celebrities or other well-known individuals that put a high net worth couple in the limelight. There are some extra considerations to take when it comes to high net worth divorces. Spouses with higher income and net worth are generally tied to […]

Read More
Spousal Support Under Recent Law in Illinois
Posted March 19, 2019

In 2015, Illinois lawmakers approved an amended version of spousal maintenance law. Many cases that were decided under the previous law are being evaluated for modifications or maintenance reviews considering the new regulations, when appropriate. Here are some of the important aspects of the new law that you must understand. Existing Spousal Maintenance should be […]

Read More
Tax Implications with Spousal Support
Posted December 11, 2018

Spousal support, previously known as alimony, is a stream of payment that an individual is obligated to pay to their spouse after a separation or divorce. It is also termed as financial support, maintenance, or subsistence. No matter what terminology is used, spousal support has certain tax implications that need to be considered during a […]

Read More