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Category Archives: Divorce: income and assets

How IL Calculates Child Support Under the Amended Statute

How IL Calculates Child Support Under the Amended Statute The purpose of this blog is to inform the reader how IL calculates child support under the amended statute, effective on July 1, 2017. The Application 735 ILCS 5/505 (a)(1), child support guidelines The Illinois Legislature has amended the child support statute section 505 in material…
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CALCULATING CHILD SUPPORT UNDER THE AMENDED STATUTE

CALCULATING CHILD SUPPORT UNDER THE AMENDED STATUTE 750 ILCS 5/505(a) The purpose of this blog is to inform the reader as to the procedure and law applicable when calculating child support under the amended statute, effective on July 1, 2017. Application 735 ILCS 5/505 (a), child support guidelines Calculating child support under the amended statute…
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Modification of Maintenance: Retirement Benefits

Modification of Maintenance: Retirement Benefits Palatine and Arlington Heights divorce lawyer, James Kelly, further explains the Amendments to Illinois Marriage and Dissolution of Marriage Act, Section 510, concerning modification of maintenance. Part VII The Maintenance statute of the Illinois Marriage and Dissolution of Marriage Act Section 510 was amended so as to take affect this…
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Divorce Maintenance and Future Earning Capacity

What happens to divorce maintenance when one spouse experiences a loss of future earning capacity? The Maintenance statute of the Illinois Marriage and Dissolution of Marriage Act Section 510 was amended so as to take affect this January 1, 2016. Maintenance formerly known as alimony is the right of one spouse to receive income from…
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