Illinois finally approves standardized financial affidavit consistent with our income shares legislation.
Recently, the Illinois Supreme Court’s Equal Access Commission authorized the use of a form that is more in keeping with our income-sharing legislation.
There remain areas where this form should be in the need of improvement. One critical commentary is to ensure that any form that is used is fully footnoted so that the assumptions that are used in compiling the form are accurate.
The Gitlin Law Firm has a comprehensive analysis on howto best use the form.
For commentary on this form or to make further changes, please contact Gunnar J. Gitlin.
