New Changes to Illinois Divorce Law - Child Support Calculations
Yet another change to the Illinois Marriage and Dissolution of Marriage Act taking effect on January 1, 2016 is with regards the definition of what constitutes "net income" for purposes of child support calculation. Starting on January 1, 2016 obligors paying child support will be able to deduct student loan payments that they are making. This is a big and an important change for both parents as student loan payments can, and often are, significant. In addition to that change in the definition of "net income", we are also expecting additional changes later next year.