Changes to Illinois Spousal Maintenance Law in the New Year

Beginning on January 1, 2019, the way that spousal maintenance payments are taxed under federal law will change. This change is likely to have a significant financial impact for divorcing couples in Chicago and throughout the state of Illinois. Recognizing that the changes to the federal tax law under the Tax Cuts and Jobs Act (TCJA) will change the way that couples in Illinois are planning for divorce in terms of the financial effect, the state legislature amended the Illinois[...]

What is a Qualified Domestic Relations Order in Illinois Divorce Law?

Even if you are many years away from leaving the workforce, your retirement benefits may be an issue now if you are going through Illinois divorce. Often, these accounts are among the most valuable assets involved in a divorce, making them a highly contentious issue. Plus, the complicated structure, vesting rules, and other details make them one of the more difficult assets to divide fairly and equitably between divorcing spouses. You can rely on an experienced divorce and complex property[...]

Spousal Maintenance Law Changes Coming to Illinois

Are you thinking about filing for divorce this year? If so, you should know that there are changes coming to Illinois spousal maintenance law. The changes will take effect on June 1, 2018, and they will have a major impact on many divorce cases in which the court determines that spousal maintenance is appropriate. To be clear, under the new law, spouses who are seeking maintenance will still need to request maintenance under the Illinois Marriage and Dissolution of Marriage[...]