MAINTENANCE MERRY GO ROUND: FURTHER CHANGES TO ILLINOIS MAINTENANCE LAW

Introduction Under longstanding tax law, maintenance was tax deductible by the payer and taxable income to the recipient. By using maintenance, families could shift income from a higher earning spouse’s upper tax rate to the lower earning spouse’s often negligible tax rate. As a result, families had more cash available to divide as part of the divorce settlement. Due to recent changes in federal tax … Continue reading MAINTENANCE MERRY GO ROUND: FURTHER CHANGES TO ILLINOIS MAINTENANCE LAW

Illinois House Bill 185 – 50/50 Custody Bill

Illinois House Bill 185 has been filed with the House of Representatives Clerk. The Bill would amend the Illinois Marriage and Dissolution of Marriage Act to allocate parenting time in a divorce or parentage case on a 50/50 basis unless the court finds, in a written order, reasons why such a schedule is not in the best interest of a child. This bill dramatically alters … Continue reading Illinois House Bill 185 – 50/50 Custody Bill

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