Financial disputes, including those involving spousal support, are often at the root of prolonged or contentious divorce proceedings. At Wolfe & Stec, Ltd., we have extensive experience representing both financially independent and dependent spouses in the determination of spousal support, also referred to as spousal maintenance or alimony.
Our experienced, DuPage County spousal support lawyers are thorough and hard-hitting in their approach to protecting our clients’ financial interests. At the same time, we always keep an eye toward preserving the relationships that are essential for divorcing couples who are co-parenting children.
As appropriate, we can assist you in seeking or opposing alimony in your divorce. For a free initial consultation with a knowledgeable DuPage County spousal support lawyer, contact us online or call 630-305-0222 or 312-388-7882.
In the past, there were no clear guidelines that dictated the calculation of spousal support. That changed recently. Now, the Illinois Marriage and Dissolution of Marriage Act (IMDMA) has been amended to provide a clear formula in place that dictates the amount and length of support in cases in which the parties have a combined gross income of less than $250,000.
According to the new law, the duration of alimony payments will be based on the length of the marriage, up to 20 years. For marriages of five years or less, the length of the marriage is multiplied by .20 to determine the duration of alimony payments. For example, a three-year marriage will result in alimony payments that last just over half a year. For five- to 10-year marriages, the length of marriage is multiplied by .40. For 10- to 15-year marriages, the length of the marriage is multiplied by .60. For 15- to 20-year marriages, the length of the marriage is multiplied by .80. The duration of alimony for marriages longer than 20 years is at the court’s discretion. It may match the length of the marriage or it may be permanent.
The new law also dictates the amount of alimony. The equation compares the gross incomes of both spouses.
We are skilled in the new calculations and can help you determine how much alimony your case divorce case will involve, if any. In some rare situations, deviation from the prescribed formula may be warranted and allowed. We know when to take this opportunity.
We are dedicated to personal attention, responsiveness and accessibility. We are available to meet with clients at their convenience in our offices in Woodridge, Illinois, and downtown Chicago. Contact us today to schedule a free initial consultation with a DuPage County spousal support lawyer.