If you are in the process of getting divorced in Oakbrook Terrace, you already may know about changes to Illinois family laws regarding child support. In brief, under Illinois law (750 ILCS 5/), child support has been determined based on a percentage-based model (or formula) that looks at the number of children for whom support is awarded, and the payor and payee parents are determined by who has primary physical custody of the child. For each child, a certain percentage of the payor parent’s income is the amount of child support awarded. However, as you may know, there have been a number of changes to family and divorce law in Illinois over the last year or so, and one of those changes concerns child custody. Parents are no longer awarded legal and/or physical custody, but instead, those terms have been replaced with “parental responsibilities” and “parenting time.”
Why is this important for child support? Another major change to the law concerns how child support is determined, and the new law will take effect in July 2017. When July 2017 rolls around, how will “parenting time” have an impact on the amount of child support paid?
Understanding the “Income Shares” Model of Child Support
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