A tax court judge recently ruled that paying a former spouse's student loan could be claimed as an alimony tax deduction. The decision is considered to be quite profound since the noose has been tightened on alimony deductions as per the federal Tax Cuts and Jobs...

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Month: September 2018
Avoid disputes in a high asset divorce
Many issues arise when a couple in Illinois or elsewhere around the country decide to end a marriage. Regardless of socio-economic status, every couple must deal with the issue of property division and "who gets what" of the marital assets. However, those involved in...
Is a finalized divorce agreement really final?
You went through the divorce process in Illinois. When all was said and done, you were happy with how it worked out and were just ready to move on. Well, months or years down the line you have realized that your divorce agreement really is not working for you. Is...
What role should alimony play in a late-life divorce?
According to researchers, more and more older Americans are deciding to move beyond an unsatisfying marriage by filing for divorce. For those Illinois spouses who are considering such a move, it's important to make wise decisions that are in line with one's long-term...
Child support mix-up mars candidate’s record
Illinois parents would probably agree that making sure the needs of their children are met is a top priority. While child support payments may seem like a simple thing, there is room for error. A simple mix-up can have lasting consequences for a parent, as one...
Managing a new school year after a child custody change
The first year or two after a divorce can be tricky for everyone involved, but kids are placed in an especially awkward position. For Illinois families struggling to settle into a new child custody routine, a new school year can be a challenge. These tips can help...