What is the income shares model?

By Arin Fife
April 12, 2017
What is the income shares model?

This is the new model which will go into effect July 1, 2017. It's intended to hold both parents accountable for child support rather than only the noncustodial or obligor parent. Under the income share model, parents are designated a portion of child support obligations depending on how much they financially contributed to the combined household income while married.

There are three main areas considered in the income shares model, and those are base child support obligation, additional child expenses paid by each parent, and the amount of time the child spends with each parent.

Arin Fife is a family lawyer at Boyle Feinberg, P.C. in Illinois. To learn more about the firm, visit www.bffamlaw.com. Visit their firm profile here.

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April 12, 2017
Categories:  FAQs

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