How is alimony calculated in Illinois is one of the most searched questions in the state. It is searched by individuals who are going through a divorce or planning to initiate the procedure of divorce process. Understanding how the calculation of spousal support is important, as it can make a major difference in planning your financial future. Illinois is a state that has a structured formula for determining alimony, but the courts also look for various factors that influence the final decision of spousal support.
Whether you are receiving or paying support, having a basic understanding of alimony calculation is essential. Here you will get to learn about the calculation of alimony, factors that courts look for, and also get to learn about a divorce alimony calculator that can make your divorce planning smoother.
How is Alimony Calculated in Illinois? Legal Guidelines of the State
Illinois updated its guidelines for alimony in 2019. As per the guidelines, the court now follows a standard formula when combined gross income is less than $500,00 and neither party is already paying support to someone else. The main goal of this formula is to create a degree of predictability and fairness in outcomes.
The maintenance formula to determine the annual alimony amount is:
(33.3% of the payer’s net annual income – 25% of the recipient’s net annual income = Annual Maintenance Amount)
Example:
- Net income of paying spouse: $100,000
- Net income of Recipient: $40,000
Calculation:
- 33.3% of 100,000 = $33,300
- 25% of $40,000 = $10,000
- Maintenance Amount = $33.300 – $10,000 = $23,300
The most important thing to understand is that the net income here is not simple take-home pay. But this refers to the gross income minus allowable deductions. It includes the federal and state income tax, Medicare, Social Security, mandatory retirement contributions, and other court-ordered support payments. The most important thing about this calculation is that the amount of support, when added to the net income of the receiving spouse, cannot result in the recipient receiving over 40% of the combined net income of both parties.
However, if the calculations exceed this 40% cap, the amount of support will be reduced to meet this approach. This is to make sure that the receiving spouse does not end up with a disproportionately larger share of the combined income compared to the paying spouse.
Also read: Divorce Alimony Calculator for Illinois
Duration of Alimony in Illinois
The duration of alimony is an important component of how is alimony calculated in Illinois. The duration of the marriage plays a very important role, with a statutory multiplier applied to the years of marriage that helps in determining the length of the alimony.
A proper breakdown of the length multipliers:
- Less than 5 years of marriage: 20% of the marriage length
- 5 years to less than 6 years: 24% of the marriage length
- 6 years to less than 7 years: 28% of the marriage length
- 7 years to less than 8 years: 32% of the marriage length
- 8 years to less than 9 years: 36% of the marriage length
- 9 years to less than 10 years: 40% of the marriage length
- 10 years to less than 11 years: 44% of the marriage length
- 11 years to less than 12 years: 48% of the marriage length
- 12 years to less than 13 years: 52% of the marriage length
- 13 years to less than 14 years: 56% of the marriage length
- 14 years to less than 15 years: 60% of the marriage length
- 15 years to less than 16 years: 64% of the marriage length
- 16 years to less than 17 years: 68% of the marriage length
- 17 years to less than 18 years: 72% of the marriage length
- 18 years to less than 19 years: 76% of the marriage length
- 19 years to less than 20 years: 80% of the marriage length
- 20 years or more of marriage: The Illinois court may give the order of maintenance for a period equal to the duration of the marriage, or might give the order for an indefinite term.
Factors Influencing Alimony Award Beyond the Fixed Formula
There is no prime rule to follow the fixed formula for calculating alimony award because there are some factors that can modify the formula. The courts of Illinois retain discretion, generally in cases where the combined gross income is exceeding to $500,000. In such cases, the court considers a list of factors to analyze if the alimony award is right or not, and if yes, its amount and duration. The list of factors includes:
- The income and property of each spouse.
- Requirements of each spouse.
- The realistic present and future earning capacity of both spouses.
- The duration of the marriage.
- The age, physical, and emotional condition of both spouses.
- All sources of income of each part, including private and public.
- The tax consequences to each party.
Types of Alimony in Illinois
Illinois follows four types of spousal maintenance that include:
- Temporary Alimony: It is an alimony that is awarded during the procedure of divorce procedure.
- Fixed Alimony: This alimony is fixed for a specific period.
- Reviewable Alimony: This alimony is reviewed, and it can be modified later.
- Permanent Alimony: This alimony is for long-term marriages or some special type of cases.
Why You Should Use a Divorce Alimony Calculator?
Understanding how is alimony calculated in Illinois is a very important step that helps in the preparation for divorce. While there is a fixed formula in Illinois that provides a clear starting point, some vital factors can modify the formula and underscore the complexity of the alimony award. For the perfect calculation of spousal maintenance and a deep understanding of your potential obligations, consulting a well-known family law attorney in Illinois is important.
However, before you consult with a family law attorney, you can get an estimate of the alimony award by using an online tool, divorcealimonycalculator.com. It is a tool that empowers you with preliminary details and helps you in the discussions with your attorney and estranged spouse with a high level of clarity.
FAQs:
What happens if the combined gross income is more than $500,000?
If the combined gross income is more than $500,000, the fixed formula for how is alimony calculated in Illinois will not be applicable. In this case, the judges of Illinois will consider a list of factors to determine the amount and duration of alimony.
Can spousal maintenance be permanent or indefinite in Illinois?
Yes, the marriages that have lasted 20 years or more, the judges of Illinois have the discretion to award indefinite spousal maintenance.
Can divorcing parties agree on spousal maintenance instead of using the formula?
Yes, the divorcing parties can negotiate and reach their own agreement regarding spousal maintenance. If the Illinois court finds the agreement to be fair and equitable, it will be incorporated in the judgment of divorce.
Can spousal maintenance orders be modified in Illinois?
Yes, the spousal maintenance can be modified if there is a substantial change in circumstances. This includes an increase or decrease in either party’s income or the remarriage of the receiving spouse.
Where can I find an estimate for Illinois alimony?
You can find an estimate for Illinois alimony on a lot of platforms. The perfect resource for this is divorcelaimonycalculator.com. This tool helps provide great help to you in understanding a potential outcome based on the guidelines of Illinois.
How does child support interact with alimony in Illinois?
The law of Illinois states that if the application of guideline maintenance results in a combined maintenance and child support obligation that is more than 50% of the net income of the payor spouse, then that court will determine the non-guideline maintenance, non-guideline child support, or both.