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7 Nov 2021, 6:48 am
” 750 ILCS 5/504(b-1)(1) Boats are expensive. [read post]
12 Feb 2023, 12:35 pm
” 750 ILCS 5/503(b-1)(1)(A) If a spouse earns more than 67% or more of their spouse’s income…they are not getting a maintenance award in an Illinois divorce. [read post]
19 Mar 2022, 4:16 am
Non-Guidelines Maintenance In An Illinois Divorce “To be clear, section 504(b-1)(1) does not mandate strict compliance with these formulas in every case. [read post]
12 Feb 2023, 5:56 am
“Maintenance…shall be calculated by taking 33 1/3% of the payor’s net annual income minus 25% of the payee’s net annual income. [read post]
26 May 2022, 5:22 am
“To be clear, [The Illinois Marriage And Dissolution Of Marriage Act] does not mandate strict compliance with these formulas in every case. [read post]
5 Dec 2020, 7:09 am
As of January 1, 2019 maintenance in Illinois “shall be calculated by taking 33 1/3% of the payor’s net annual income minus 25% of the payee’s net annual income. [read post]
26 Sep 2020, 6:04 am
But, does a maintenance modification cut both ways? [read post]
25 Nov 2019, 2:14 pm
The Illinois House of Representatives recently passed amendments to Senate Bill 1557, which made some material changes to Illinois’ Adult-Use Cannabis Laws. [read post]
24 May 2020, 3:38 pm
In Illinois maintenance is “calculated by taking 33 1/3% of the payor’s net annual income minus 25% of the payee’s net annual income. [read post]
27 Jun 2020, 7:07 am
$13,333 less 25% is $ 10,000. [read post]
12 Nov 2022, 8:40 am
The award shall be paid for the benefit of the adult child to such person as the court or affiant under a small estate affidavit pursuant to Section 25-1 directs. [read post]
27 Jul 2012, 2:43 pm
On July 25, Illinois enacted SB 1692, which enhances consumer protections related to mortgages and tax refund anticipation loans. [read post]
11 Aug 2023, 9:15 am
The value or type of property stolen does not necessarily matter; rather, it is the act itself that defines the crime. [read post]
11 May 2020, 5:03 pm
“The amount of maintenance…shall be calculated by taking 33 1/3% of the payor’s net annual income minus 25% of the payee’s net annual income. [read post]
5 Dec 2021, 4:09 am
Illinois law does not require that a former spouse pay directly for their former spouse’s health insurance. [read post]
19 Sep 2020, 7:35 am
Modifying Maintenance (Formerly Known As Alimony) In Illinois Maintenance in Illinois is usually based on a purely numerical formula: 33% of the net income of the maintenance payor less 25% of the net income of the maintenance payee, not to allow the maintenance payee to receive more than 40% of the combined net incomes. [read post]
7 Nov 2020, 5:53 am
” 750 ILCS 5/504(b-1)(A)(1) Homemakers will argue that 25% of nothing…is nothing. [read post]
2 Jan 2013, 9:44 am
It emphasized that Fennell lives less than 25 miles from the Mississippi courthouse, but 530 miles away from the Saint Clair courthouse, and that almost no one connected with Fennell's case lives in Illinois. [read post]
26 Dec 2021, 5:36 am
” 750 ILCS 5/504(b-1)(1) For an example: If Fred makes $ 150,000 and Wilma makes $ 50,000, Fred should pay Wilma ($150,000 * 33% = $50,000) less ($50,000 * 25% = $ 10,000) or $ 40,000. [read post]
25 Aug 2022, 6:10 am
“Illinois does not have a vicarious liability statute. [read post]
