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Illinois may alter child support formula

Posted on January 18th, 2012 by The Red Headed Lawyer

The formula, called the Income Shares Model, is designed to make the process fairer by considering both parents’ income and time spent with the child, as opposed to the Percentage of Income Model, which takes a flat-percentage of the noncustodial parent’s net income. Illinois, along with nine other states, including Texas, still use the old model. Some see the move as unwarranted, with an estimated cost being between $2 million and $3 million to implement, while others see the move as a step forward in evenly weighing the financial footing of both parents, and helping to curtail bitter disputes.

If Illinois decides to move forward, they will be joining the ranks with the other thirty-eight states who use the Income Shares model. As we see more states moving in that direction, it may be a matter of time before Texas does the same.

Sources:
chron.com
doover.com