Child Support
Ensuring Your Children’s Future in Divorce
Child support, a crucial aspect of parental responsibility, involves payments from one parent to another for the care of their child. While Illinois utilizes the income shares model, calculating child support in high-net-worth divorces can be significantly more complex than in typical cases. The presence of substantial assets, diverse income streams, and unique family circumstances requires specialized legal guidance. At Family Law Solutions, P.C., we understand these complexities and are dedicated to securing appropriate child support arrangements that prioritize your children’s well-being and long-term financial security.
Child support cases often involve factors beyond basic income calculations, including:
- Complex Income Calculations: Determining income for child support purposes can be challenging when dealing with business ownership, executive compensation (including stock options, bonuses, and deferred income), fluctuating self-employment income, and complex investment portfolios. We work with financial experts to accurately assess all income sources.
- Lifestyle Maintenance: Children of high-net-worth individuals often enjoy a higher standard of living. We advocate for child support amounts that reflect this established lifestyle, ensuring your children’s needs and accustomed lifestyle are maintained.
- Extraordinary Expenses: High-net-worth families may incur significant expenses for private schooling, specialized tutoring, higher cost extracurricular activities, travel for extra curriculars, elective medical care, and other unique needs. We work to ensure these expenses are appropriately addressed in child support agreements.
- Deviation from Guidelines: Child support guidelines are not strictly mandated for all income levels. When net incomes exceed a certain threshold, the court is directed to use its discretion. We understand how to pursue your case to ensure a fair outcome. While the income shares model serves as a starting point, judges can deviate from the guidelines based on specific circumstances. We can assess if your case warrants deviation, considering your children’s needs and both parents’ financial resources
- Pre- and Post-Marital Assets: The presence of substantial pre-marital or inherited assets can complicate child support calculations and may require careful consideration.
- College Contribution: The allocation of college costs must be considered either postponed or allocated based upon assets and income whether marital or non-marital.
- Tax benefits such as exemptions, credits and 529 withdrawals and deposits are considered.
Our experienced child support attorneys can assist you with all aspects of child support in your high-net-worth divorce, including:
- Accurate Income Determination: We work with financial professionals to meticulously analyze all income sources, ensuring a complete and accurate picture for child support calculations.
- Advocating for Your Children’s Needs: We prioritize your children’s best interests, advocating for a child support amount that adequately addresses their needs and maintains their accustomed lifestyle.
- Negotiating and Litigating Child Support Agreements: We are skilled negotiators and litigators, working to achieve a fair and equitable child support arrangement through settlement negotiations, mediation, or court proceedings.
- Modifying and Enforcing Child Support Orders: We can assist with post-divorce modifications to child support orders due to changes in circumstances and pursue enforcement actions if necessary.
Protect your children’s well-being and financial security. Contact Family Law Solutions, P.C. today at (312) 332-1344 or CLICK HERE to schedule a confidential consultation.
“Janet and Christopher at Family Law Solutions provided me with exceptional legal advice. My questions were answered clearly and concisely. My team at Family Law Solutions formulated a plan, executed it flawlessly and got me a great result. I would highly recommend Janet and Christopher at Family Law Solutions.”
“Family Law Solutions helped me through the most difficult time of my life. Being married for 44 years and 67 years old, I had no idea how to proceed with the dissolution of my marriage. Everyone I dealt with showed compassion, empathy, and professionalism. They make their clients a priority. Their fee structure is fair, reasonable, and transparent. Through their invoicing process, I always knew what my status was and how I was billed. Janet Boyle has created an exceptional team with her philosophy and her commitment to her clients.”
“Experienced, knowledgeable, caring and willing to fight for what is right. A premier law firm in the city of Chicago that will protect and defend your rights under the law and in the courts. Their services are second to none. I highly recommend Janet Boyle in particular!”
“I came to Janet to help me through a very complex divorce about a year ago and a friend of mine told me about this site. I wanted to express my gratitude for Janet's expertise in helping me through a very trying time in my life. The words "honey badger" comes to mind when I think of Janet's demeanor in the courtroom and in negotiations with my husband's attorney. Janet and her team represented me from the beginning to the end exactly the way one could only hope for.”
“Janet listened carefully to me and addressed every concern and perceived problem that I thought I would encounter during the process...In conjunction with Arin in her office each time the process would get heated and emotional both Janet and Arin we able to calm the situation down with care and concern for me and ultimately we were able to settle the divorce to my complete satisfaction.”
“Janet Boyle did a wonderful job assessing my situation and determining the best approach to reach a settlement with my ex-husband. I appreciated her willingness to honor my request to be respectful toward my ex-husband. She accomplished that while standing firm on some very important issues.”
“Arin Fife and Janet Boyle are wonderful. Arin worked so hard. She was empathetic, kind, patient and the voice of reason. I grew to trust them implicitly. I would highly recommend this firm to anyone!”
“During the most difficult time I've ever had in my life, Janet helped and guided me with skill and compassion. I couldn't be more happy with the job she did representing me. My case, I believe, was considerably more difficult than most cases and Janet was strong and dedicated from beginning to end. She does not bend to opposing counsel trying to take advantage or get an upper hand. Her staff is fantastic as well! My life has become much more peaceful with Janet's help. I would not hesitate to recommend Janet to anyone going down the tough road of divorce. Thank you Janet!”
“Janet was a source of stability during a time of ultimate turbulence. Beyond the guidance and legal direction, the whole office was friendly, supportive and helped me maintain my sanity when during crazy times.”
“Christopher at Family Law Solutions continues to be an absolute pleasure to work with. Despite being in different states, Christopher clearly understood my needs and helped me through a very difficult time in my life. If it were not for him, I would not have the peace of mind I do now. His compassion and care are very evident. I wish I found Christopher at Family Law Solutions sooner and cannot thank him enough for how he helped me. ”
“My family and I were so lucky to have found Family Law Solutions when we did. Their diligence, dedication and compassion were exactly what we needed not only to win our case, but also to keep our spirits up during such emotional turmoil. A huge thank you to Janet Boyle and the entire FLS team. Five stars across the board!”
“Family Law Solutions helped me with my divorce, and it went smoothly. Christopher and his team were direct, prompt and very accommodating to all my queries and uncertainties. My divorce process ended without any difficulties and issues, and it was minimal effort on my end; the team took care of everything. I appreciate Christopher and his team very much for all they have done to navigate such a challenging period of my life.”
“I wanted to express my sincere gratitude for the exceptional legal assistance Janet Boyle and her team provided during our case. Janet's dedication, expertise, and tireless efforts truly made a significant impact, and my family & I are truly grateful for the favorable outcome. Your professionalism, attention to detail, and clear communication throughout the process were invaluable. I also feel fortunate to have had you represent and advocate on our behalf, and I appreciate the diligence with which you handled every aspect of our case. Thank you once again for your outstanding representation. Your commitment to achieving the best results for my family and I didn't go unnoticed. I truly appreciate the passion you and your team showed fighting on our behalf.”
About Us
Navigating the intricacies of family law requires a sophisticated and personalized approach, demanding experience, knowledge and compassion. The Family Law Solutions team expertly guides each client through these complex challenges, empowering them to discover that life after divorce can be even better.
