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How The Amount Of Spousal Maintenance Is Determined In Illinois?

In this article, you will discover:

First, we have to ensure that both parties don’t earn more than $500,000. Then you calculate 33 and 1/3rd percent of the payor’s net and your annual income minus 25% of the payee’s net annual income. Then you add that to the payee’s income, and that new amount cannot exceed 40% of the combined net income of the parties’ combined income. All of this is calculated in family law software and on an Excel spreadsheet.

So, we take 33.333% of their income, which comes to $10,000. Payee is $10,000 times 25%, which becomes $2500. So you subtract those two, it becomes $7,499.999 or $7500, but remember, the award cannot push the payee’s income over 40% of the combined income. So, the combined income times 40% is $16,000. When we add the $500 to the payee’s $10,000, we get $17,500. So, that’s $1500 over that 40%. We have to take that $1500 from that $7500 to get $6000. So, that’s what the maintenance will be in one year, and then you divide that up by 12, and you get the amount per month. So, $6000 divided by 12 is $500 per month

So, that’s how the amount is calculated. It’s 33% of the payor’s income plus 25% of the payee’s income then added to the payee’s total income to make sure that amount is not more than 40% combined income, and the new number becomes what the spousal maintenance is after subtracting the difference between the 40% and the new amount.

For more information on Determining The Amount of Spousal Maintenance, an initial consultation is your next best step. Get the information and legal answers you seek by calling (312) 779-0098 today.

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Call Me For A Phone Consultation (312) 779-0098

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