Category: Child Expenses

Child Expenses: What Child Support Covers and What it Doesn’t

Aside from maintenance, child support is another major issue in many divorces. Parents, especially those who haven’t worked to raise their children, are concerned about the cost of raising a family and what it means following a divorce from the “bread-winning” spouse.

You can have peace of mind knowing that all reasonable childcare expenses are accounted for in divorce. Moreover, your children’s healthcare, educational, and other expenses are all addressed as part of your divorce judgment. Below, we’ll cover the specifics of what’s covered and why when it comes to your children, you have nothing to worry about in divorce.

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Child Expenses in Divorce: How it Works

You don’t need us to remind you that raising children is expensive. From basic needs such as clothing and food to expensive fees such as extracurricular activities, it’s important that everything is clear so there are no disagreements between you and your spouse once your divorce is complete.

So, are expenses split 50/50? If not, how are they decided? We’ll discuss this in greater detail below.

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Who Pays For College And Handles Financial Aid After A Divorce?

College expenses are a major concern for any parent. However, parents who are getting divorced often have more to worry about, especially if a separation occurs well before a child is nearing the age at which they will attend college or pursue vocational school or any other professional training after high school.

After the age of 18, child support will end as this new financial need emerges. But, how much are you obligated to pay and what does the new Illinois law state regarding this issue?

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