I've heard about the loss of the alimony deduction. Please explain how this will impact Illinois divorces. The impact will be profound and complex. What is the current law regarding alimony (maintenance) and taxes? For divorces entered on or before December 31, 2018, alimony (maintenance) has … [Read more...] about Alimony and Trump’s Tax Plan
Legislation
Maintenance Guidelines 2018
Amended effective January 1, 2018 (and soon to be amended again) Most Illinois divorce lawyers are unfamiliar with Pub. Act 100-520, which had an effective date of June 1, 2018. But per Pub. Act. 100-565 (SB 61), this has an effective date of January 1, 2018. Accordingly, I have updated my … [Read more...] about Maintenance Guidelines 2018
Collaborative Divorce and the Illinois Collaborative Process Act 2018
Effective January 1, 2018, Illinois law authorizes and facilitates collaborative divorce. The Collaborative Process Act is a groundbreaking law for Illinois family lawyers. Please note that the Gitlin on Divorce: A Guide to Illinois Family Law contains a new chapter regarding collaborative … [Read more...] about Collaborative Divorce and the Illinois Collaborative Process Act 2018
Financial Affidavit Form
Illinois Income Shares legislation, effective July 1, 2017, renders the currently approved Illinois Supreme Court Form as Obsolete. The form that is in use state-wide and is mandated by the terms of the Illinois Marriage and Dissolution of Marriage Act has been obsolete as of July 1, 2017. To … [Read more...] about Financial Affidavit Form
Update Regarding Illinois Child Support Income Shares Legislation
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
Income Shares in Illinois Update
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