OLD Family Flashcards
Nonmarital property (NMP)
assets acquired before marriage or acquired during marriage by gift, descent or devise.
MP
all property acquired during marriage
NMP can become MP if
marital funds contributed to it
Increase in value of NMP can count as MP if
if it resulted from either spouse’s effort.
Retirement funds as MP
Yes if acquired during marriage
Modification of a property division award
Not modifiable
Post-separation property in property division – MP?
MP in IL
Spousal support is awarded when
one spouse cannot support himself with his own employment
Spousal support can be discharged in bankruptcy?
false
Spousal support can be waived?
Yes. it can be waived for other consideration (e.g. waive maintenance in exchange for the house)
5 Types of spousal support
- lump sum, 2. permanent, 3. durational,4. rehabilitative, 5. reimbursement
Permanent alimony is awarded when
awarded to compensate for the lost earning capacity or benefits conferred during the marriage.
Durational alimony is awarded when
awarded to provide a party with economic assistance for a limited time following a short-term marriage. Typically cannot exceed the length of the marriage.
Rehabilitative alimony is
temporary alimony awarded to help improve a spouse’s earning capacity
Reimbursement alimony is awarded when
a spouse made sacrifices during the marriage that resulted in a reduced standard of living. It is based on past contributions rather than present or future needs.
Palimony may be awarded to
unmarried partner who cohabitated in a long, stable relationship. © IL does not recognize palimony.
To seek modification of spousal support, a party must establish
A significant change in the circs of the recipient’s needs or financial abilities of the payor.
Payor cannot take on new obligations prior to entering into a separation agreement and later claim change of circumstances to reduce the award
Modification of spousal support
- when the recipient remarries
- when the recipient cohabitates with a non-family member
If remarries, support may be terminated
If cohabitates, support may be modified if the recipient’s needs decreases as a result of cohabitation
Termination of spousal support upon payor’s death
Terminated. Usually not included as a liability of the deceased’ estate, unless specified.
Alimony pendente lite definition
alimony paid during the pendency of the divorce litigation
Alimony pendente lite does not terminate when
cohabitation of the recipient spouse with a nonfamily member
Family expense statute
A creditor may sue either spouse for payment of necessaries
Ex-parte divorce jurisdiction
A court may grant divorce to one spouse even if it doesn’t have PJX over the other spouse. The court does not have JX to address property division, spousal support, or child support.
Child support generally
Both parents, regardless of their marital status, are legally required to support their minor children.