233 S. Wacker Drive, 84th Floor Chicago, IL 60606
100 Saunders Rd., Suite 150 Lake Forest, IL 60045
3333 Warrenville Rd.,Suite 200 Lisle, IL 60532
In nearly every divorce between parents, child support, parental responsibilities, and parenting time are three important issues to determine in the couple’s divorce settlement. Child support is the money paid from one parent to the other to provide financial support for their child. In 2017, the formula Illinois courts use to determine child support changed.
Child support can be used to cover any expenses related to raising a child. These include:
Under the old law, the noncustodial parent paid a percentage of his or her net income to the other parent as child support. The percentage he or she paid depended on the number of children the couple had to support.
Under the new law, the principle of income shares is used to create child support orders. In short, income shares works like this:
The percentage of parenting time each parent has is worked into this formula. Talk to your lawyer about how the amount of parenting time you have affects the amount of child support you pay or receive.
When one or both parents experience significantly changed financial circumstances, they can alter their child support order. In most cases, a child support order cannot be modified unless it has been in place for at least three years.
When parents agree to a change to their child support order, they can submit the modification to the court that created their original order to have it amended. If one parent wants to modify the order but the other does not agree, the parent seeking the modification must file a petition to modify the child support order. In this petition, the parent must demonstrate his or her changed circumstances, which can be a job loss, relocation, or increased expenses, a need to provide healthcare coverage for the child, or a 20 percent or greater difference between the current child support order and a new order if updated guidelines are applied.
Child support is a big issue in most divorces between couples with minor children. To learn more about child support and other family law issues, schedule your free consultation with an experienced child support attorney at Women’s Divorce & Family Law Group today.
100 Saunders Rd.
Lake Forest, IL 60045
3333 Warrenville Rd.
Lisle, IL 60532
233 S. Wacker Drive
Chicago, IL 60606
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