If you are considering getting a divorce in Illinois, one of the most important areas to address concerns ensuring your financial security in the aftermath. Adjusting to life on one income or after previously relying on your spouse as the primary breadwinner can be challenging. Spousal support payments, otherwise known as alimony in Illinois, can help. Find out whether you are entitled to these payments and how much you are likely to get.
Under the Illinois Statutes, alimony may be awarded in divorce cases if one spouse makes considerably less than the other or sacrifices their own career or education for the sake of their spouse or to take care of children from the marriage. Additional factors the judge is likely to consider both in determining whether alimony should be awarded and the amount that needs to be paid include:
When filing for a divorce through the Cook County Family Court or in other jurisdictions throughout Illinois, you will be required to fill out a financial affidavit. This details the total amount of income each party makes, their total marital property and assets (which is anything acquired during the marriage), and any premarital property either possesses. This will be used throughout your divorce case, both in determining marital property division and whether spousal support should be paid.
If alimony is awarded, there is a standard formula the court typically follows:
The amount of time you receive alimony depends on how long your marriage lasted. Generally, for every five years you were married, you are entitled to two years of alimony.
As there are multiple factors involved in calculating alimony payments, it can get confusing. To understand your rights regarding these payments and the amount you may be owed, contact The Women’s Divorce and Family Law Group and request a consultation with our Chicago area alimony attorneys today.
There are many factors to consider when contemplating divorce, and a pre-divorce planning session can help you begin to plan for a divorce. Please contact the professionals at the Women’s Divorce & Family Law Group by calling (312) 585-6604 or clicking here to schedule a consultation.
“When I needed a family lawyer, I trusted the Women’s Divorce & Family Law Group and you can too.” Dr. Debra Thomas – Orthopedic Surgeon – 1988 U.S. Olympic Bronze Medalist”
100 Saunders Rd.
Lake Forest, IL 60045
3333 Warrenville Rd.
Lisle, IL 60532
77 W. Wacker Drive
Chicago, IL 60601
Attorney Advertising. This information is designed for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Past results and testimonials are not a guarantee, warranty, or prediction of the outcome of your case, and should not be construed as such. Past results cannot guarantee future performance. Any result in a single case is not meant to create an expectation of similar results in future matters because each case involves many different factors, therefore, results will differ on a case-by-case basis. By providing certain contact information herein, you are expressly authorizing the recipient of this message to contact you via the methods of communication provided.
How did we do?
Note: Your review may be shared publicly.