Tag Archives: alimony settlement

GOP Income ProposalYour maintenance payments to your ex-spouse will no longer be income tax deductible to you if the Senate passes the pending GOP Income Tax Proposal.

Historically, upon divorce the one spouse usually the husband pays alimony (maintenance) to an ex-spouse. Those alimony payments would be income tax deductible to the paying spouse and income taxable to the receiving spouse. That is all about to change.

Under the Republican Tax Plan the maintenance deduction would be eliminated for alimony (maintenance) payments.

Continue reading

alimony, alimony payments, alimony settlement, divorce proceeding, Illinois family law attorney, paying alimony, requesting alimonyWhile a wedding is often referred to as the best day of a man or woman’s life, the unfortunate reality is that many American marriages end in divorce. In 2012, more than two million Americans got divorced. Going through a divorce is stressful; many legal questions arise and most couples need help getting answers.

One of the common concerns coming out of a divorce proceeding – particularly if one spouse was not employed – is whether one former partner will be paying alimony to the other. Even then, once payment is determined, other questions arise including how much money is to be paid, how often, and for what duration of time.

How Alimony is Determined 

Continue reading

Recent Blog Posts



Free Initial Consultations

phone 630-920-8855
address15 North Lincoln Street, Hinsdale, IL 60521
phone 331-588-6611
address21 North 4th Street, Geneva, IL 60134
Our firm handles family law and personal injury matters for clients in Chicago and throughout the western suburbs including DuPage County, Will County, Kane County, Cook County and the cities of Aurora, Bloomingdale, Bolingbrook, Burr Ridge, Carol Stream, Darien, Downers Grove, Elmhurst, Glen Ellyn, Hinsdale, Joliet, Kendall County, Lombard, Naperville, Oak Park, Oak Brook, Oakbrook Terrace, Clarendon Hills, Oswego, Park Ridge, Roselle, St. Charles, Geneva, Villa Park, Warrenville, Wheaton, Western Springs, LaGrange, Winfield, Woodridge and Yorkville.

© 2021 Law Office of Martoccio & Martoccio 15 North Lincoln Street, Hinsdale, IL 60521 630-920-8855

OVC Lawyer Marketing

Share Your Experience