How Is Maintenance Calculated In Illinois? - Russell D. Knight - BSPE Legal Marketing Podcast

From Law Office of Russell D. Knight - In the complex world of Illinois divorce law, understanding how maintenance, formerly known as alimony, is calculated is crucial for anyone going through a divorce. The article 'How Is Maintenance Calculated In Illinois?' breaks down the intricate process that Illinois divorce courts follow to determine whether maintenance is warranted and, if so, how much should be paid. Maintenance calculations can range from no payment at all to a formula-based approach that considers the incomes of both parties. The most common method involves taking 33% of the payor's net income and subtracting 25% of the payee's net income, but the final amount must not exceed 40% of the combined net incomes.Illinois divorce cases are often unique, and the court may decide that the guidelines maintenance formula is not appropriate, opting instead for a non-guidelines maintenance award. This can happen if the combined gross annual income of both parties exceeds $500,000 or if there are other obligations that would make the guidelines maintenance calculation impractical. The Illinois Marriage and Dissolution of Marriage Act provides the framework for these decisions, ensuring that all relevant factors are considered, including the duration of the marriage, the standard of living established during the marriage, and the needs of each party.Modifying maintenance after a divorce is also addressed in the article. Illinois courts require a substantial change in circumstances to revisit and potentially alter the maintenance amount. This could involve changes in income, employment status, or other significant life events. The courts will make specific factual findings to justify any modification, ensuring that the new maintenance amount is fair and just according to the current situation of both parties.If you are navigating the complexities of maintenance in an Illinois divorce, the Law Office of Russell D. Knight can provide the guidance you need. Whether you're dealing with initial maintenance calculations or seeking a modification due to changed circumstances, understanding the legal landscape is essential. This podcast will give you a clear understanding of how maintenance is calculated in Illinois and what factors influence these important decisions.Law Office of Russell D. Knight1165 N Clark St #700, Chicago, IL 60610, United States(773) 334-6311https://www.google.com/maps?cid=13056420905624162796

from Straffi & Straffi Attorneys at Law https://www.buzzsprout.com/2026843/15722224-how-is-maintenance-calculated-in-illinois-russell-d-knight