May 10th, 2020 by Tiffany Hughes
Maintenance, formerly known as alimony, and also referred to as spousal support, is a major issue in many divorce proceedings where one spouse pays support to their ex-spouse. If you have been awarded maintenance in your divorce case, and your ex-spouse is now making more money or has obtained new assets, you may be eligible to request the court to increase your monthly maintenance award. In the alternative, if you are paying maintenance to your ex-spouse and your income has decreased or your spouse’s income has increased, you may be eligible to request the court to decrease your monthly maintenance obligation.
When Can My Maintenance Obligation Be Modified?
If the financial circumstances of one or both parties have substantially changed since the entry of your Marital Settlement Agreement awarding maintenance, you need to call the attorneys at The Law Office of Tiffany M. Hughes today. Our experienced divorce attorneys are trained in examining income statements, business records, corporate and personal tax returns, real estate purchase agreements, restricted stocks, capital gains and investment account statements to determine whether you qualify for a maintenance modification.
In determining maintenance modifications, the court will weigh the following factors:
Contact Us Today
If you have concerns about a maintenance award in your divorce case, contact The Law Office of Tiffany M. Hughes today to discuss whether you are eligible for a maintenance award or a modification or termination to your pre-existing maintenance obligation. Our Firm provides you with the legal guidance you need and the personal attention you deserve. Our experienced divorce attorneys are dedicated to helping individuals through all aspects and stages of the divorce process in Cook, DuPage, Kane, Lake, McHenry, Will and other surrounding counties in Illinois. Do not leave the outcome of your financial future to chance. Call us at (773) 893-0228 for a complementary phone consultation today.
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