Are 401K Distributions Income For Purpose Of Maintenance Illinois?

Are 401K Distributions Income For Purpose Of Maintenance Illinois? Is the Law the Same Across All of Illinois? No. Some district and appellate courts in Illinois have ruled that IRA disbursement and withdrawals constitute income for child support and maintenance purposes, regardless of whether the IRA was part of the property settlement or inherited. What

Can I Pay Child Maintenance In A Lump Sum?

Can I Pay Child Maintenance In A Lump Sum? Theoretically, yes. However, unlike agreements that provide for the payment of lump sum alimony, agreements providing for the lump sum payment of child support will most likely not be enforceable in a future child support modification proceedings. Who pays the most in child support? Alex Rodriguez

Can Health Care Reimburstment Count As Alimony Income?

Can Health Care Reimburstment Count As Alimony Income? Amounts paid for health insurance are considered medical expenses. Medical expenses are itemized deductions and are deductible if the total of all medical expenses exceeds 7.5 percent of adjusted gross income. Amounts you pay to or for the benefit of a former spouse can be considered alimony.