Depreciation of Farm Assets and Child Support in Illinois

Rincker Law Family/Matrimonial Law Leave a Comment

Many times clients contact me on a child support matter who own farms and, accordingly, have expensive farm equipment.  Farmers usually take deductions on the depreciation of expensive equipment on their tax returns.  This MAY affect child support, as a trial court has discretion to include nonrecurring income in calculating net income for child support purposes. See In Re Marriage of …

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Modifying Child Support in Illinois

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  Modifications to a child support order in Illinois can be granted based on a “substantial change in circumstances” since the last child support order was entered. In addition, a child support order can also be modified if the petitioner can show that the obligor’s child support obligations differ from the guidelines set forth in the Illinois Marriage and Dissolution …

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Retroactive Child Support in Illinois

Rincker Law Family/Matrimonial Law 4 Comments

You might wonder if child support can be awarded retroactively. In short, it can. In deciding whether to order retroactive child support or not, the court considers the following factors: A determination of the factors specified in the Illinois Marriage and Dissolution of Marriage Act; The noncustodial parent’s prior knowledge of the fact and circumstances regarding the child’s birth; The …

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