Free 30 minute initial consultation
Wheeling847-459-4448
Libertyville847-281-0200
Buffalo Grove847-459-4448
Lois Kulinsky & Associates, Ltd.

Child support does not cover all costs of raising a child

During your divorce in Illinois, one of your top concerns is likely to be your children. Because you are going from one home to two, it can be difficult to spilt the income fairly to ensure the children are well-cared for. At Lois Kulinsky & Associates, LTD, we understand that challenges presented in this situation. That is why the courts order child support.

Child support is often one of the most debated aspects of a divorce. You may feel that you need more money to take care of the children while your spouse may be worrying about how he or she will afford daily living expenses for his or her new home. The bottom line is that it must be figured fairly so neither side is facing difficulties meeting basic expenses.

Unfortunately, raising children is not just limited to basic expenses. According to CNN, the average cost of raising a child until the age of 17 is $233,610. The main expenses are living expenses, such as housing and food. However, child care is also a large chunk of the expenses, along with clothing, transportation and health care.

While all of these expenses may be considered when a judge decides your child support case, the chances of you receiving over $230,000 a year or even half of that are very slim unless you and your spouse both earn high wages. This means covering the extra costs is left up to you and your children’s other parent, which often means working together to figure out who will pay for what.  To learn more about child support, visit our website.

No Comments

Leave a comment
Comment Information