Our firm recently published an important SlideShare presentation about how alimony, also known as maintenance under state law, is going to undergo a major change. View our presentation below for insight into what the future holds concerning spousal support.
Prenuptial agreements are not just for the rich anymore. With the growing amount of second (and third) marriages, protecting one's estate through prenuptial agreements is becoming an increasingly popular practice. Although most individuals enter a marriage with the expectation to remain with that person 'til death do they part, many lawyers would advise the hopeful newlyweds to hope for the best but plan for the worst. Here are just a few of the many things one may want to consider when deciding on whether or not to hire an attorney to assist with the creation of a prenuptial agreement:
Going through a divorce can be stressful enough, but now Uncle Sam is calling.
Under Illinois law cohabitation is one way to terminate maintenance. Maintenance, formerly known as alimony, is when one spouse is required to provide financial support to the other spouse after the divorce. Under Illinois law, several events can lead to the termination of maintenance payments. Cohabitation is one of those events.
If you are considering a divorce, you are most likely aware of your rights to alimony, or "maintenance", as it is commonly referred to in Illinois. Maintenance consists of an agreement between two divorcing parties ordered by the courts in which one spouse makes consistent monetary payments to the other after the dissolution of marriage. As you proceed with your divorce, it is important to be aware of the factors surrounding maintenance law. The following describes some of the factors the courts will consider in ruling on divorce maintenance.