Tag: college expenses

“If you can’t explain it simply, you don’t understand it well enough.” – Albert Einstein.

College expenses and unmarried parents in Illinois
Child Support

Do Unmarried Parents Have To Pay For Their Children’s College Expenses in Illinois?

In Illinois, age 18 is not the end of a parent’s obligation to their children. Illinois parents are still legally responsible for contributing to their children’s college expenses within reason. A Divorced Parent’s Obligation To Pay For College In Illinois In Illinois, married parents are governed by the Illinois Marriage and Dissolution of Marriage Act

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Divorce and 529 plans in Illinois
Divorce

529 Plans and Divorce In Illinois

Being a parent in America is expensive.  The first four years are the massive expense of daycare and then 13 years later is the massive expense of college.  Some parents plan for these expenses by saving in advance by investing in 529 college savings plans.  But, no one plans for divorce. So, what happens to

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Modifying College Contribution
Illinois Law

Modifying College Contribution Requirements After An Illinois Divorce

Illinois is a rare state in that it can require parents to provide for their children’s college expenses past the age of 18 through their Marital Settlement Agreement or via a Judgment from an Illinois divorce judge. Things change as children approach college and it’s often necessary to renegotiate or relitigate each parents obligation to

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Child Support

In Illinois, After I’m Divorced Do I Have To Pay For College For My Children?

If the Cook County Court orders, you must contribute to your children’s college expenses after a divorce. The Illinois Marriage and Dissolution of Marriage Act 750 ILCS 513 says that either or both of the parents can be ordered to pay “educational expenses for any child” incurred no later than the child’s 23rd birthday, and

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