Starting in 2019, Illinois alimony has been calculated by subtracting 25% of the payee’s net income from 33.3% of the payor’s net income; however, the recipient may not receive more than 40% of the household’s net income. Additionally, guideline alimony calculations under 750 ILCS 5/504 now apply to couples with a combined gross income of up to $500,000 per year.
The purpose of alimony is to enable the spouse seeking maintenance to receive sufficient funds to meet his or her “reasonable needs” determined in light of the overall circumstances of the parties, including the standard of living established during the marriage, the duration of the marriage, and all of the other factors set forth in the statute.
While Illinois has presumptive maintenance guidelines and while judges generally rely upon the guidelines, the court, of course, can deviate from the guidelines. And the guidelines only come into play if maintenance is awarded in the first place.
Our lawyers understand the applicable jurisprudence and can be trusted to craft necessary arguments regarding whether maintenance should be awarded, whether the presumptive amount is fair and appropriate, and whether a deviation is warranted.
Spousal support is a crucial component of most divorce cases. Where it applies, spousal support will determine your future financial security and income stream. There is a vast spectrum of potential outcomes, be it in terms of duration, amount or reviewability. Our attorneys are exceptionally skilled at mounting forceful and creative arguments regarding support payments, and obtaining results inside and outside the courtroom, through litigation or negotiation. Regardless of which side of the alimony equation you find yourself on, be it that of the payor or that of the recipient, we have the financial background and in-depth knowledge of relevant law to safeguard your interests.