Alimony Myths - Getting the Facts Straight in Illinois
Alimony, also known as spousal maintenance or spousal support, is often misunderstood. There are many myths and misconceptions about how alimony works in Illinois. This article will debunk some common alimony myths and provide accurate information on Illinois alimony laws.
What is Alimony in Illinois?
Alimony is a court-ordered provision for a spouse after a divorce. It requires one spouse to provide financial support to the other for a determined amount of time. In Illinois, the court considers various factors in deciding alimony. These include income levels of both spouses, future employment prospects, and the marital lifestyle. Alimony aims to help the spouse who earns less maintain a similar standard of living after divorce.
Illinois Alimony Myths Debunked
Myth: Alimony is always for life
Fact: In Illinois, alimony often has a time limit. Alimony durations depend on the length of the marriage. For marriages under 10 years, alimony generally lasts no longer than half the length of the marriage. For marriages of 20 years or more, permanent alimony may be awarded.
Myth: Alimony is designed as punishment
Fact: Illinois courts grant alimony to financially support the lower-earning spouse. It is not intended to punish either party. The goal is allowing both spouses to live comfortably after divorce.
Myth: Alimony will prevent your ex from remarrying
Fact: An ex-spouse receiving alimony can remarry in Illinois. Remarriage may be grounds for modifying or terminating alimony but does not automatically end it.
Myth: Alimony is tax-deductible
Fact: Due to federal tax changes, alimony is no longer tax-deductible. For divorces finalized after December 31, 2018, alimony is not deductible for the payer or counted as taxable income for the recipient.
Myth: Only women receive alimony
Fact: Either spouse can be awarded alimony in Illinois. Courts make determinations based on financial need, not gender. The percentage of men receiving alimony has increased in recent years.
Contact a Kane County Divorce Lawyer
Understanding the truth about alimony can help you make informed decisions during divorce proceedings. Getting clear facts rather than relying on myths equips you to protect your interests. Speak to an experienced St. Charles family law attorney to get answers to your specific alimony questions. Call Goostree Law Group at 630-584-4800 so we can explain how alimony works in your situation and ensure your rights are protected throughout the process. Do not let myths cloud your judgement - get the real facts on alimony.
Source:
https://www.ilga.gov/legislation/ilcs/documents/075000050k504.htm
https://www.irs.gov/taxtopics/tc452