Tag Archives: paying alimony

DuPage County spousal support attorneyThere are a multitude of things to think about when you are getting a divorce -- where the kids will live, which one of you will remain in the family home and how you will transition to single life. If you are like most people, taxes are not very high on your list of priorities. Even so, a divorce can have a big impact on your taxes -- especially in this coming new year. In January 2019, the new tax laws will finally be put into full effect and will mean some big changes for the way divorced couples handle their taxes.

Newly-Divorced Couples Will See an Impact on Their Taxes

The Tax Cuts and Jobs Act, which was passed in December 2017, will go into full effect in 2019. The new tax code will affect about half of all Americans. In the context of divorce, the new law will affect the taxes of those who pay and receive spousal support.

This new law will be the first change in 77 years to taxes affecting spousal support. Couples who finalized their divorce before December 31, 2018 will follow the current rules on who pays taxes on spousal support. Couples whose divorces are finalized on or after January 1, 2019 will follow the new set of rules on paying taxes on spousal support.

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Dupage county alimony spousal supportTraditionally, it was assumed that the man works to support his family financially while the woman, though she may have had a career before she was married, would quit her job to stay home and take care of the children and the home. Because of that, many women would be in a state of financial distress if they got divorced because they did not have any income of their own - which is where alimony came in.

In Illinois, alimony is called spousal support or spousal maintenance. These days, it is no unusual to see the man acting as the stay-at-home parent, or neither parent being a stay-at-home parent. Spousal maintenance is an important part of any divorce in which one spouse decided to sacrifice career for his or her family.

Determining Eligibility

Maintenance is not guaranteed to all divorcing couples. In some cases, the court will decide that maintenance is not appropriate or not needed. When making this determination, Illinois courts look factors such as the needs of each spouse, whether a spouse quit their career to tend to children or the home and the earning potential of each spouse.

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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 

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