The price maybe high,
but you want your child to have what he/she needs—food, clothes,
transportation, housing, medical care and a good education.
It is not unusual for a single
child to cost around $1.1 million, from birth through the undergrad college
years; therefore, the financial support from both parents is very important.
Illinois child support
laws ensure that the non-custodial parent is paying money towards the child’s
food, clothes, transportation, housing, any activities, medical care, and
private schooling, until the child is 18. The amount is based on the income of both
parents, deductions such as alimony or child support to another party, and the
child’s standard of living.
Illinois’s child support guidelines are as
follows:
· One child: payment
should be 20% of noncustodial parent’s net income
· Two children: payment
should be 28% of noncustodial parent’s net income
· Three children: payment
should be 30% of noncustodial parent’s net income
· Four children: payment
should be 40% of noncustodial parent’s net income
· Five children: payment
should be 45% of noncustodial parent’s net income
· Six or more children: payment
should be 50% of noncustodial parent’s net income
So what can you do if
you’re overpaying?
In order to protect your
rights as a noncustodial parent, you must call on the expertise of the
attorneys at The Reese Law Center, LLC. Our attorneys know what is in your best
interest and how to fight for a fair amount that will ensure your child is
taken care of without breaking your bank account. So, go ahead, and give us a
call (708)914-4570.