A big concern for many is what happens to a pension that you may have when your divorce is finalized. It is well established in Illinois that pension plans of various kinds, whether matured, vested or non-vested, contributory or noncontributory, may be treated as marital property. The classification and reimbursement principles in 750 ILCS 5/503(a)
Read MoreQuestion: What if a petition for college expenses is filed after a child graduated from college but while my divorce is pending? Answer: I think the main question here is whether or not the court has the authority to decide the issue because there has not been a settlement agreement binding the parties and there
Read MoreContinuing a further discussion from the last two blog posts that I have written, I want to touch base on another scenario regarding college expenses and your obligation to pay them on behalf of your children. Last time we discussed what it means to have what is called Section 513 expenses reserved in the Judgment
Read MoreFollowing up some additional information to my last blog article about a parents obligation to pay for their children’s college expenses, comes some additional interesting scenarios that are important to keep in mind. What if my Judgment for Dissolution states that Section 513 college expenses are reserved? What happens to my obligation to pay
Read MorePursuant to Section 513 of the Illinois Marriage and Dissolution of Marriage Act (“IMDMA”), it allows a divorced parent to compel the other to contribute to their children’s school educational expenses. Additionally, you can also be compelled to pay for educational expenses for the children as well, which include travel to and from college, room
Read MorePursuant to the Illinois Income Withholding for Support Act, individuals owed child support have the option to have the child support owed to them directly withheld from the obligors paycheck. Child support is not the only way to utilize money being withheld through a Notice to Withhold, you are also able to directly receive maintenance
Read More