Badesch Abramovitch, a family law firm in Chicago,
Under the new law, once the judge has determined that maintenance is appropriate, specific formulas provide guidance for setting both the amount and duration of the award. The amount of maintenance depends upon the income of each spouse as well as the combined incomes of the divorcing couple. The duration of the award is calculated taking the length of the marriage into consideration. Although judges are not required to follow the formulas, they must provide an explanation if they choose to diverge from them.
If spousal support will be an issue in your divorce, you should seek counsel from an experienced family law attorney to learn how this new law may impact you.
Certified Divorce Financial Analyst
Business Valuators / CPAs