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Tag Archives: College Expenses
How to Plan for College Expenses Post-Divorce
Paying for a child’s college education is a significant financial issue in any family, but with divorcing or divorced families, it can be especially tricky. Often times, if parents divorce when their children are young, the marital settlement agreement does … Continue reading
The College Factor: Three Points Divorced Parents Need to Consider
Navigating the college selection process and funding a child’s college education can be stressful for all parents, but can be especially stressful for parents who are divorced. Fortunately, divorced or separated parents can minimize the stress associated with college preparation … Continue reading
Don’t Delay Seeking College Contribution from Your Ex-Spouse
One of the issues typically reserved in contested divorce cases is who will pay the children’s college after they graduate high school. Typically, most Marital Settlement Agreements will reserve this issue for determination at a later date, primarily because it … Continue reading
Protect Your Child’s College Savings
Litigants in a contested divorce often find that there are precious few matters on which they both can agree. Yet even the most contentious spouses can usually agree that the children’s college funds – usually kept in an IRS 529 … Continue reading
Posted in College Expenses, Divorce
Tagged 529 Education Savings Account, Chicago Divorce, Chicago Divorce Attorney, Chicago Divorce Attorneys, College Expenses, College Tuition, Divorce, Divorce Attorney, DuPage Divorce Attorney, Illinois Divorce, Illinois Family Law, Lake Forest Divorce Attorney, Qualified Tuition Plans, Schiller DuCanto & Fleck, Tuition Savings Account, Wheaton Divorce Attorney
Spouse’s Income Could Be Relevant When Child From Prior Marriage Goes To College
Your divorce is behind you, you are happily remarried and your child from the first marriage is about to start college. You want to enjoy the last few months before your child enters adulthood, but you find yourself embroiled in … Continue reading
Breaking Law in Illinois: Social Security Income Not Exempt from Payment of College Expenses
The Second District Appellate Court recently found that social security disability income can be used to satisfy an obligor’s duty to fund college expenses. In re Marriage of Truhlar, 2010 WL 3667117 (2nd Dist. Sept. 17, 2010), the parties had … Continue reading
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