MLG LAW GROUP-CHICAGO DIVORCE AND CUSTODY LAWYERS

The new tax law will make getting divorced more expensive for maintenance payors by removing a deduction that has been in place since 1942. Not only will maintenance payors be unable to deduct the payments from their taxes, payees will not have to report the money as income. The March issue of the Illinois Bar Journal covers what practitioners need to know when it comes to planning and drafting settlements.  MLG LAW GROUP 79 W Monroe, Ste. 925 Chicago, IL. 60603 312-374-4559 admin@mlglawgrp.com www.mlglawgroupillinois.com

The new tax law will make getting divorced more expensive for maintenance payors by removing a deduction that has been in place since 1942. Not only will maintenance payors be unable to deduct the payments from their taxes, payees will not have to report the money as income. The March issue of the Illinois Bar Journal covers what practitioners need to know when it comes to planning and drafting settlements.  MLG LAW GROUP 312-374-4559 www.mlglawgroupillinois.com

The new tax law will make getting divorced more expensive for maintenance payors by removing a deduction that has been in place since 1942. Not only will maintenance payors be unable to deduct the payments from their taxes, payees will not have to report the money as income. The March issue of the Illinois Bar Journal covers what practitioners need to know when it comes to planning and drafting settlements.  MLG LAW GROUP 79 W Monroe, Ste. 925 Chicago, IL. 60603 312-374-4559 admin@mlglawgrp.com www.mlglawgroupillinois.com

In a fault-based  divorce , the judge would consider evidence of “marital misconduct” committed by a “guilty spouse” against an “innocent spouse.” ...  Adultery  occurs when a legally married spouse has a sexual relationship with a person who isn't the other spouse.  Illinois  is neither a no-fault nor a fault-based state.

The new tax law will make getting divorced more expensive for maintenance payors by removing a deduction that has been in place since 1942. Not only will maintenance payors be unable to deduct the payments from their taxes, payees will not have to report the money as income. The March issue of the Illinois Bar Journal covers what practitioners need to know when it comes to planning and drafting settlements.  MLG LAW GROUP 312-374-4559 www.mlglawgroupillinois.com