Current Illinois law refers to "income withholding notice." Yet Federal law uses the acronym IWO (Income Withholding Order) referring both to notices and orders although Illinois does not require a judge's signature. Illinois law also states that the IWO form must provide all the rights and duties … [Read more...] about Income Withholding in Illinois: New Federal Form Now Available
Income Sharing is now the law in Illinois. SB 69 was enacted into law June 30, 2017 with an effective date of July 1, 2017. Pub. Act 100-15, had been alternatively called a technical corrections act but it does much more than provide technical corrections. Accordingly, I referred to it as a … [Read more...] about Update Regarding Illinois Child Support Income Shares Legislation
On April 19, 2017, the DHFS has made available charts for the calculation of child support based on the July 1, 2017 income share model. Chart for Conversion of Gross to Net Income Income Shares Scheduled Based on Net Income1 A quick review of the charts indicates that: The highest … [Read more...] about Income Shares: The Charts!
Income Shares Legislation Update and Status re Charts SB0069. Status: 100th Ill. Gen. Assem., Senate Bill 0069 (introduced 1/1/17 and arrived in House 4/5/17). Illinois divorce lawyers handling child support cases are anxiously awaiting the progress and passage of the so called "trailer … [Read more...] about Income Shares in Illinois Update
On June 9th in Bloomington, Illinois Gunnar J. Gitlin co-moderate a seminar for IICLE titled, "Child Support and Maintenance: What's on the Horizon? Income Shares and the Future of Maintenance and Child Support in Illinois." See more at: … [Read more...] about Gunnar J. Gitlin Moderated and Presented for IICLE’s Income Shares Seminar June 9, 2017
This Martin Luther King Day, Gunnar J. Gitlin presented: "Double Dipping: What is it and how to Handle Issues Involving Double Dipping Involving Child Support/ Maintenance and Property Settlement" The program was at the Sheraton in Lisle. Business Valuation, Financial & Tax Issues in Divorce … [Read more...] about Gunnar Gitlin Presented for MLK Seminar January 16, 2017 Re Double Dipping