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What Is A True Up In An Illinois Divorce? - Russell D. Knight
From Law Office of Russell D. Knight — What Is A True Up In An Illinois Divorce explores how divorced couples can use “true up” clauses to address fluctuating incomes after divorce, as an alternative to repeatedly going back to court. In this episode, we break down how such clauses work (or don’t) under Illinois law, and weigh the risks and rewards of adopting them in a marital settlement.
In the first segment, we define what a true up clause means in an Illinois divorce and why it isn’t actually grounded in statute or case law — it’s more of a contractual workaround. We discuss how child…
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