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Arlington Heights divorce lawyer

While parents are always proud when their children go off to college, there is no ignoring the immense financial burden higher education can bring, for students and parents alike. Paying for college is not easy for most families, and it is further complicated for parents currently involved in the divorce process or already divorced.

Illinois is one of the few states where a judge can order a parent to pay tuition and other college expenses if a mutual decision cannot be made. This part of family law in Illinois is called post-high school educational expenses. 

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Posted on in Divorce

Schaumburg Divorce Lawyers

No matter what holiday you celebrate this time of year, if you are recently divorced with children, it can be difficult to let go of your ex-spouse and the times you had. Family holidays like Christmas typically increase the level of communication between you, and if this is your first holiday season after your split or divorce, planning festivities may feel like a daunting task. Your parenting plan is a great place to start. 

A parenting plan should provide a breakdown of all important holidays. School-aged children have extra time off this time of year, so your plan should reflect that in a manner that is fair to both parents. Splitting a child’s time off and allowing each parent to have either Christmas or Christmas Eve is a good way to go. 

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Schaumburg family law attorney, college expenses, 529 college savings account, college savings plans, college and divorceDivorce can cause a great deal of financial upheaval in a couple’s lives, and as parents seek to restructure their finances following the end of their marriage, they will need to continue to provide for their children.

One financial aspect of divorce that parents sometimes neglect is how to pay for their children’s college expenses, especially if they divorce when their children are still young and college is several years in the future.

However, as college approaches, and families begin the process of applying for financial aid, they can take certain steps to ensure that children will be able to receive a college education without breaking the bank:

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