Rolling Meadows College Expenses Lawyer
When the child of divorced parents turns 18 years old it means 2 things. That you don’t have to continue paying child support anymore but you do start having to pay for their college education. Depending on your situation, the college tuition could have already been included into the cost of child support. The division of cost between parents may not always equal and the amount will depend on the parents’ ability to pay. Factors that will have an impact on how much you end up paying determine on if your child is attending an in-state or out-of-state college, or the child’s ability to do well in college or the parents’ financial situation. Sometimes the court may also ask the child to help pay for a portion of the tuition if needed.
Learn More About Child Support and College — Call Us
Cosley Law offices find positive solutions that are fair and make sense to all parties involved. In the coming months or even year before your child turns 18, seeking the help of a professional lawyer is a great idea in order to be proactive about issues relating to child support and college contributions. Just like child support, college expenses are calculated according to the amount of money the parents’ make and parenting time.
Voluntary Child Support Can Be Directed to a Specific Purpose
Typical child support payments are paid to the custodial parent and the noncustodial parent has no say as to how the other parent spends the money whether it is used for the health or education or welfare of the child. However, the spouses may come to an agreement stating the noncustodial parent will provide a special level of financial support or to apply the money to a specific expense such as college tuition or other educational costs.
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Do you have a child that is about to enter or is already in college and not sure what to do? The lawyers at Cosely Law represent families in the Rolling Meadows, Illinois area and the surrounding suburbs with issues regarding parenting agreements, visitation rights, child custody, child support, relocation and college expenses. If you are not sure what to do when your child goes to college or when they turn 18 call acollege expenses lawyer at Cosely Law. They are specifically trained and up to date on all the latest laws regarding child custody and college expenses.