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Child Support and 50/50 Custody In Illinois - Russell D. Knight
From Law Office of Russell D. Knight – Child Support and 50/50 Custody In Illinois examines how Illinois family courts determine financial responsibilities even when parenting time is shared equally. This episode unpacks the nuanced legal process defined under 750 ILCS 5/505(a), revealing how child support is calculated even when each parent has the child 50% of the time. We discuss the implications of shared custody, highlight how statutory formulas apply to equal time splits, and question common assumptions—like whether 50/50 custody automatically cancels out financial obligations…
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