The Most Advantageous Tax Filing Status in a Divorce Filing jointly is often more favorable when it comes to taxes and your marital status as of
2019 Illinois Spousal Maintenance Calculation
Many who are facing a divorce wonder if spousal maintenance is payable. 2019 Illinois Spousal Maintenance Calculation The formula used to
When Can Rehabilitative Spousal Maintenance Be Modified?
Unless stated otherwise, Illinois spousal maintenance may be modified when either party has a significant change in circumstances such as a
How to Avoid Paying Spousal Maintenance in a Divorce
If you and your spouse are divorcing and you are the spouse who either brings in all or most of the income, you may be dreading the fact that you may
Cohabitation Ends Alimony
Under Illinois law spousal maintenance ends upon the death of either party, the remarriage of the recipient, or if the party receiving maintenance
Weighing Taxes in Divorce Settlements
It is important to consider taxes when determining the division of property, alimony and child support in a divorce proceeding. If you divide property
Illinois Spousal Maintenance
Until recently, spousal maintenance awards were widely inconsistent, even where circumstances were very similar. To address the disparity, a formula
Maintaining Health Insurance After Divorce
There are many things to consider when planning for a divorce. The more obvious concerns are child custody, alimony, and division of marital property.
Divorce After 50… Protecting your Financial Future
According to a study from Bowling Green State University, 1 in 4 people getting a divorce these days is over the age of 50. This is a marked increase