Big Change to Child Support Calculation: New Income Shares Method Takes Effect July 1
On July 1, 2017, a long overdue change for calculating child support obligations takes effect. Last year 99-764 was enacted. The legislation amended the Illinois Marriage and Dissolution of Marriage Act to replace the percentage guideline formula with the income shares model for calculating child support.
The old method of support arrives at the child support obligation by multiplying the payor's net income by a statutorily set percentage, which increases based on the number of children. The old model is now considered outdated since actual expenses in raising a child were not considered or the division of costs between the parents.
The payor under the old model paid a percentage of their net income despite the costs to raise the child. This method caused additional disharmony between the divorcing parents because it did not always seem fair or equitable.
The new formula uses real data and actual child-rearing costs rather than just the income of one parent. See Illinois Department of Health and Family Services (Schedule of Basic Child Support Obligations)(http://bit.ly/2pDO2wW).
Contact our office to see how this will effect you at (312) 648-6115.