Maintenance/Alimony
Spousal maintenance, also known as alimony or support, is a court-ordered payment from one spouse to another. In high-net-worth divorce, spousal maintenance calculations can be particularly complex, involving substantial sums and long-term financial implications. Whether you anticipate needing spousal maintenance or expect to pay it, it’s crucial to have experienced legal counsel by your side to protect your rights and secure your financial future.
The high-net-worth divorce attorneys at Family Law Solutions, P.C., can help you navigate every stage of spousal maintenance planning, from initial determination to enforcement, ensuring your interests are protected. We offer specialized assistance tailored to the complexities of high-asset divorce.
Determining a Spousal Maintenance Plan
In high-net-worth cases, determining a fair and appropriate spousal maintenance plan requires a comprehensive understanding of complex financial factors. We meticulously analyze aspects such as:
- Established Lifestyle: Maintaining the standard of living enjoyed during the marriage is a key consideration, often involving substantial assets, multiple properties, luxury items such as country clubs, boats, travel and sophisticated financial arrangements.
- Earning Capacity: Assessing future earning potential, particularly for individuals with complex career paths or business ownership, requires careful analysis and often involves vocational experts as well as a spouse who has been out of the workplace for many years. Often a vocational expert is required.
- Age and Health: The age and health of both parties are crucial factors, especially in long-term marriages where one spouse may have forgone career advancement to support the other or where one spouse may have significant health concerns that may impact an ability to work. A vocational expert or medical expert may be required.
- Contributions to Marriage: Contributions, both financial and non-financial (such as homemaking or childcare), are carefully considered, recognizing the significant contributions one spouse may have made to the other’s career or business success.
- Complex Asset Portfolios: The presence and the award to a spouse of diverse assets, including real estate, investments, business interests, and retirement accounts, requires specialized expertise to determine their impact on spousal maintenance calculations.
- Tax Implications: We analyze the tax implications of the assets awarded prior to the spousal maintenance payments for both parties, ensuring a financially sound strategy since at this time spousal maintenance is not taxable to the recipient or deductible to the payor.
Presenting a Spousal Maintenance Plan
We can expertly present your spousal maintenance plan to your spouse, their attorney, or a court whether through informal negotiations, mediation, arbitration, or litigation. We are skilled advocates, ensuring your position is clearly and persuasively presented.
Enforcing a Spousal Maintenance Plan
Enforcing spousal maintenance orders in high-net-worth cases can be challenging, especially when complex financial structures are involved. If your spouse neglects to pay or attempts to manipulate income calculations to reduce their obligations, our attorneys can take swift and decisive legal action to protect your rights.
Confidently Navigate the Complexities of Spousal Maintenance
Whether you’re in the initial stages of divorce planning or require assistance enforcing an existing order, Family Law Solutions, P.C. is here to help. Contact us at (312) 332-1344 or CLICK HERE to schedule a confidential consultation.
“Janet and Christopher at Family Law Solutions provided me with exceptional legal advice. My questions were answered clearly and concisely. My team at Family Law Solutions formulated a plan, executed it flawlessly and got me a great result. I would highly recommend Janet and Christopher at Family Law Solutions."
“Family Law Solutions helped me through the most difficult time of my life. Being married for 44 years and 67 years old, I had no idea how to proceed with the dissolution of my marriage. Everyone I dealt with showed compassion, empathy, and professionalism. They make their clients a priority. Their fee structure is fair, reasonable, and transparent. Through their invoicing process, I always knew what my status was and how I was billed. Janet Boyle has created an exceptional team with her philosophy and her commitment to her clients."
“Experienced, knowledgeable, caring and willing to fight for what is right. A premier law firm in the city of Chicago that will protect and defend your rights under the law and in the courts. Their services are second to none. I highly recommend Janet Boyle in particular!"
“I came to Janet to help me through a very complex divorce about a year ago and a friend of mine told me about this site. I wanted to express my gratitude for Janet's expertise in helping me through a very trying time in my life. The words "honey badger" comes to mind when I think of Janet's demeanor in the courtroom and in negotiations with my husband's attorney. Janet and her team represented me from the beginning to the end exactly the way one could only hope for."
“Janet listened carefully to me and addressed every concern and perceived problem that I thought I would encounter during the process...In conjunction with Arin in her office each time the process would get heated and emotional both Janet and Arin we able to calm the situation down with care and concern for me and ultimately we were able to settle the divorce to my complete satisfaction."
“Janet Boyle did a wonderful job assessing my situation and determining the best approach to reach a settlement with my ex-husband. I appreciated her willingness to honor my request to be respectful toward my ex-husband. She accomplished that while standing firm on some very important issues."
“Arin Fife and Janet Boyle are wonderful. Arin worked so hard. She was empathetic, kind, patient and the voice of reason. I grew to trust them implicitly. I would highly recommend this firm to anyone!"
“During the most difficult time I've ever had in my life, Janet helped and guided me with skill and compassion. I couldn't be more happy with the job she did representing me. My case, I believe, was considerably more difficult than most cases and Janet was strong and dedicated from beginning to end. She does not bend to opposing counsel trying to take advantage or get an upper hand. Her staff is fantastic as well! My life has become much more peaceful with Janet's help. I would not hesitate to recommend Janet to anyone going down the tough road of divorce. Thank you Janet!"
“Janet was a source of stability during a time of ultimate turbulence. Beyond the guidance and legal direction, the whole office was friendly, supportive and helped me maintain my sanity when during crazy times."
“Christopher at Family Law Solutions continues to be an absolute pleasure to work with. Despite being in different states, Christopher clearly understood my needs and helped me through a very difficult time in my life. If it were not for him, I would not have the peace of mind I do now. His compassion and care are very evident. I wish I found Christopher at Family Law Solutions sooner and cannot thank him enough for how he helped me. "
About Us
Family law is complicated. The impact on the lives of everyone involved cannot be minimized, but Janet helps her clients discover that life will go on, and in many cases, will be better.
