Morris, IL asked in Family Law and Child Support for Illinois

Q: Is my ex entitled to a percentage of the sale of my home? My current husband and I built a new home and then sold one.

This would be in regards to finding net income to determine child support obligations for one child.

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1 Lawyer Answer
Ray Choudhry
Ray Choudhry
Answered
  • Moline, IL
  • Licensed in Illinois

A: Sale of your home is not income.

It is no different than selling stocks and bonds.

However, income from the proceeds might be considered income to calculate child support.

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