One of the most important considerations when it comes to child support is figuring out how the two parents will handle medical costs for their child. As any Peoria resident who has taken his or her children to the doctor knows, expenses for visits to the doctor, dentist and the like can quickly add up. The expenses can be downright astronomical and overwhelming when a child needs ongoing care and treatments.
As this blog has discussed on previous occasions, many Illinois parents make their living through self-employment. For instance, many service professionals and consultants from a range of industries are in business for themselves and make their money by selling their goods or services directly to customers.
Many children in the Peoria area have special medical and educational needs. Any one of these needs, from asthma to a profound physical disability, can cost parents a lot in terms of both time and money.
While figuring out child support is never an easy task, it is relatively simple when both parents work a traditional job and earn a paycheck. Especially if their paychecks are predictable, calculating child support is a matter of applying the Illinois Child Support Guidelines to each parent's salary.
Child support is supposed to cover many of the daily expenses that Peoria, Illinois, parents incur when they are trying to raise their children, expenses such as clothing, food and the cost of shelter, not to mention other important costs like education and even the occasional gift or treat.
Relatives recently, Illinois joined the majority of other states by adopting support Guidelines based on an income shares model of figuring child support.
As this blog has mentioned before, child support orders in Illinois are largely determined by how much income each parent makes.
It is not uncommon for financial arguments and divorce to go together. Stress coming from disagreements over money is among the things that can put a couple on the path to divorce. Also, financial issues, like spousal support and property division, can be some of the more contentious ones in divorces.