Illinois is schedule to enact a new child support law on July 1 that will switch the state to a income shares model for calculating support payments. The state currently uses a percentage of obligor net income model, but income shares is considered a more equitable method. The Illinois Department of Healthcare and Family Services is responsible for creating the guidelines for the new child support model, but is not required to complete it by the time the law goes into effect. From the language of the law, divorcing parents can expect several changes in how child support payments will be determined.
New Formula
Illinois’ current child support system requires a parent to pay a set percentage of his or her net income, based on the number of children being supported. The new system eliminates that percentages scale in favor of a formula that takes into account both parents’ incomes:
The IDHFS still must create a table that specifies how payments are calculated, but the formula is expected to more fairly divide the parenting expenses. Theoretically, if a parent is required to pay child support and earns 40 percent of the combined net income, his or her payments would equal 40 percent of the children’s expenses.
Variables
The law stipulates other guidelines that may be needed to determine child support payments:
Determining Child Support
With the uncertainty about how the new child support law will be enforced, it is important to have strong legal guidance. A skilled Kane County child support attorney at Van Larson, P.C. will stay abreast of the new law and how it may affect your child support settlement.
Source:
http://www.ilga.gov/legislation/fulltext.asp?DocName=&SessionId=88&GA=99&DocTypeId=HB&DocNum=3982&GAID=13&LegID=90198&SpecSess=&Session=
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