After agreeing to the terms decided upon between you and your spouse, you signed divorce papers, but as time goes by, life and circumstances change. The change may have affected your financial situation, leading you to believe you need more money to keep yourself...
Alimony
How retirement can affect spousal maintenance in Illinois
On Behalf of Fay, Farrow & Associates P.C. | Dec 23, 2020 | Alimony
Though permanent spousal maintenance is rare in Chicago-area divorces, it does happen. Spousal maintenance, commonly known as alimony, is meant to provide financial support to one spouse. The purpose is to give the spouse time to develop the job skills necessary to be...
How Long Do I Have to Pay Spousal Support?
On Behalf of Fay, Farrow & Associates P.C. | Mar 12, 2019 | Alimony
If you are seeking a dissolution of your marriage, spousal support, also referred to as alimony or maintenance, may be a part of your divorce settlement. This is especially true if your spouse is financially dependent on you, and even more likely if they lack the...
Will I Lose Alimony (Maintenance) if I Remarry?
On Behalf of Fay, Farrow & Associates P.C. | Apr 12, 2018 | Alimony
When a couple divorces, it is not uncommon for one party of the marriage to be awarded spousal maintenance, also known as alimony. Spousal maintenance may be a part of a divorce settlement when one spouse needs help transitioning after a divorce or does not have the...
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