Chicago, IL asked in Divorce for Illinois

Q: in marital statement it says both of us need to provide life insurance policy in specific amount. Is that mandatory

in Illinois?

Related Topics:
2 Lawyer Answers

James G. Ahlberg

  • Rochelle, IL
  • Licensed in Illinois

A: If it's in your Marital Settlement Agreement and it has been adopted by the court (possibly by reference in the Judgment of Dissolution), then it's mandatory in your case unless it is changed in a later court order.

J. Richard Kulerski Esq.

  • Oak Brook Terrace, IL
  • Licensed in Illinois

A: Life insurance provisions appear in Marital Settlement Agreements to secure the payment of child support or maintenance. They are mandatory for the most part, but the amount of the death benefit can be negotiated.

1 user found this answer helpful

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.