Maintenance, Property and Pre-Nuptial Agreements
Maintenance—formerly known as Alimony
In your divorce, the Court may award maintenance (or alimony) to you or your partner—spousal support payments or other benefits are determined based on several factors, including finances, health, duration of the marriage and standard-of-living factors. Maintenance can be structured as:
- Permanent maintenance, where the obligation continues indefinitely.
- Reviewable maintenance, where support continues for a specified amount of time until reviewed by the Court.
- Rehabilitative maintenance, where support continues for a specified amount of time, during which time, the burden is on the recipient to become self-supporting.
Our experience working within the Illinois legal system will help resolve these issues with the best outcome for your unique situation and needs.
Property Valuation and Division
Illinois Courts attempt to divide property and debt equitably in divorce cases, based on what they believe to be fair, which is based on numerous factors. Illinois is a “no fault” state, which means the Court will not consider a party’s conduct—who “caused” the divorce—when determining how the property is divided.
Property can include:
- Real estate
- Retirement benefits
- Bank accounts
- Personal injury causes of action
- Any other item of value that was acquired during the marriage, or that was owned prior to the marriage but gifted to the marital estate.
Of course, these decisions often depend on how property is valued—which is why we work closely with you, and independent experts when appropriate, to determine the value of the assets. Our experience will help you get what you need and want most out of your settlement.
Couples getting married often consider whether they should enter into a pre-nuptial agreement—a contract that can address how all financial issues (except for child support) will be addressed in a divorce, legal separation or the death of a spouse.
When we negotiate a pre-nuptial agreement, we attempt to keep an amicable relationship while still protecting your interests if you do, unfortunately, get divorced in the future.
Please contact us for a free, face-to-face consultation.
We handle cases throughout Cook, Lake, Will and DuPage Counties. Please call or send an email, so we can schedule your free initial consultation.