April 19, 2019 - Gardi, Haught, Fischer & Bhosale LTD

Daily Archives: April 19, 2019

Daily Archives: April 19, 2019

New Illinois Spousal Maintenance Law

How the New Illinois Spousal Maintenance Law Will Affect Divorcing Couples

Couples who are planning to divorce, as well as those who are currently in divorce proceedings, should be aware of a change in the Illinois Spousal Maintenance Law, section 504 of the Illinois Marriage and Dissolution of Marriage Act (IMDMA). Specifically, the change in law affects the formula used by the court to calculate spousal maintenance as well as the tax consequences of paying maintenance and receiving maintenance.

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