January Often Referred to as “Divorce Month”

On behalf of Michael J. Smith, Attorney at Law, LLC
Jan 26,2021

January is often dubbed “Divorce Month” and this year, January 6 was dubbed “Divorce Day.” These terms associating January with taking actions to initiate a divorce arise due to an increase in divorce-related Google searches during the first month of the year. Lawyers additionally experience an increase in divorce related inquiries during the month of […]

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How Is Alimony Calculated in an Illinois High Asset Divorce?

On behalf of Michael J. Smith, Attorney at Law, LLC
Jan 20,2021

In an Illinois divorce where the combined income of both spouses is less than $500,000 there is a particular mathematical formula used in order to decide how much alimony will be awarded. In high asset divorces however, this mathematical formula is not utilized. Instead, a judge will take certain factors into consideration in order to […]

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