In re Marriage of Lugge, 2020 IL App (5th) 190046 (Motion to Publish granted January 15, 2020). A January 2020 decision addressed the trial court's imputation of cash flow based upon a reasonable rate of return on investments that are subject to investments, within the context. In doing so, it … [Read more...] about Marriage of Lugge: Consideration of Cash Awarded to Spouse via a Marital Settlement Agreement-Reasonable Rate of Return
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New Alimony / Maintenance Guidelines Law Effective 2019: The Loss of the Maintenance Deduction
Since January 1, 2019, Illinois has critical changes to our maintenance statute: Public Act 100-923: Learn about the impact of these changes. I've heard about the loss of the alimony deduction starting in 2019. Explain how this impacts Illinois divorces. The impact is profound and … [Read more...] about New Alimony / Maintenance Guidelines Law Effective 2019: The Loss of the Maintenance Deduction
Maintenance Guidelines 2018 and 2019
Amended effective January 1, 2018 (and new set effective January 1, 2019) 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 had an effective date of January 1, 2018. And we have an entirely new … [Read more...] about Maintenance Guidelines 2018 and 2019
Update Regarding Illinois Child Support Income Shares Legislation
Income Sharing became the law in Illinois effective 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 "trailer bill" to the original income shares legislation. The … [Read more...] about Update Regarding Illinois Child Support Income Shares Legislation
Haleas: Illinois Appellate Court Affirms Arbitrator’s Award of Maintenance and Property – Case of First Impression
In re Marriage of Haleas, 2017 IL App (2d) 160799 (April 13, 2017), represents a watershed case for alternative dispute resolution in Illinois divorce cases. There have been no appellate court cases in Illinois involving the issue of arbitration clauses in Illinois' initial divorce cases. In … [Read more...] about Haleas: Illinois Appellate Court Affirms Arbitrator’s Award of Maintenance and Property – Case of First Impression
Gunnar Gitlin Presented for MLK Seminar January 16, 2017 Re Double Dipping
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
