Newsletter Sign Up

Home Forum Ask a Lawyer Resources Store About Us Podcasts Online Shows Article Archive Client Center Newsletter

Browse Popular Topics

Our 10 most popular categories each containing Ask a Lawyer answers, articles, and resources to help you.

Affairs

Child Support

Custody / Visitation

Legal Strategy

Maintenance / Alimony

Military Issues

Paternity

Rules and Procedures

Tax Issues

Unemployment

Additional Resources

Full Feed

Disclaimer

Dads Divorce - Free custody and alimony advice for men and fathers.

Providing essential divorce, alimony, custody and support information and resources to men at any stage of divorce.

Nov 29

1999

Ask a Lawyer: Diability Insurance Money

Posted by: Dads Divorce on Nov 29, 1999

Tagged in: settlement , Maintenance , Maintenance , insurance , income , IL , division , disability , Child Support , asset , Ask A Lawyer , alimony

Question:

Are payments from a private disability insurance considered as part of a settlement? I had to sell my practice due to disability. I receive a monthly payment from insurance for the rest of my life. Is my wife entitled to a portion of this income?

Answer:

It depends. Will your wife ask for alimony/maintenance? If so then the disability may come into play as to whether you are able to pay her maintenance. Otherwise, generally disability is not considered property for purposes of division of assets. The proceeds from the sale of your practice would be viewed differently though.

[ Back ]

Set as favorite

Bookmark

Email this

Trackback(0)

TrackBack URI for this entry

Comments (1) Add Comment

Subscribe to this comment's feed

...
written by jim pidgeon, July 30, 2009

What is the case law basis for you opinion above?

Write comment

Read Related Articles

Most Read Articles

HOME	STORE
FORUM	VIDEOS
ASK A LAWYER	NEWSLETTER
RESOURCES	CLIENT CENTER
FOLLOW DADSDIVORCE: Twitter \| Facebook \| Blogged \| RSS

Welcome To DadsDivorce.com. Our divorce articles provide you with timely information you can use. Join our online divorce forum and discuss your divorce situation in real time with men who know the ropes. Ask A Lawyer offers you a chance to submit divorce questions to the attorneys of Cordell & Cordell, P.C., a family law firm focusing on men and divorce. Thousands of men look to us to provide State Divorce and Custody Information and child support calculators that are particular to divorce in their state.

Our divorce videos feature discussions with attorneys, father's rights experts, authors and lawmakers who are concerned with the rights of fathers in America. Subscribe to our divorce podcast and have our stimulating conversations automatically available to your mp3 player or ipod. Visit our store for divorce books, software, and other items to round out your understanding of this challenging time.

We know that you'll find everything you need to effectively fight for your rights and the rights of your children. We wish you all the best and hope to accompany you as a trusted companion and advisor throughout the divorce process.

DadsDivorce.com provides essential information and resources about divorce, alimony, child support and child custody to men and fathers at any stage of divorce.