Under the new laws, the financially weaker spouse, whether unemployed or working in a job that pays substantially
less than the other spouse, benefits from a shift in the burden of proof.
Not exact matches
A
spouse with
less -
than - perfect credit or who owes alimony, child support, or
other maintenance can make your VA approval more challenging.
John Abraham - Priya Runchal: Following John's break - up with Bipasha Basu, he got into a relationship with investment banker and financial consultant Priya Do you ever wonder whether you and your
spouse have
less sex
than other couples or if your married sex life unhealthy?
To make a cash - only lifestyle work, you — and your
spouse or significant
other — must commit to spending
less than you make.
If one
spouse earns significantly more money per year
than the
other, filing jointly at tax time can bump the one who earns
less into the favorable income range for these investment accounts.
If you have no
other full - time employees, or
less than 50 % of the employees are at arm's length, the deduction for you and your dependants is restricted to an annual maximum of $ 1,500 for each of you, your
spouse or common - law partner and
other family members 18 years of age or older, and to $ 750 for each member of your household under 18.
A reverse mortgage doesn't do anything to your home's equity that any
other mortgage wouldn't do; the only difference is that you don't have to repay a reverse mortgage until the death of the last surviving
spouse, and assuming the amount you owe on the reverse mortgage is
less than the property's value, your heirs would inherit the difference.
For example, according the HHS 2011 Poverty Guidelines, for a single adult with no
spouse or children, he or she would have needed to average
less than $ 10,890 in income to be eligible, as well as meeting the
other requirements, such as a lack of recent health insurance, and
other requirements by the individual state.
Courts may issue orders awarding temporary spousal support if one
spouse is unemployed or earning significantly
less than the
other.
However, the definition of «
spouse» under the section of the Family Law Act pertaining to spousal support, includes common law partners: «either of two persons who are not married to each
other and have cohabited, (a) continuously for a period of not
less than three years, or (b) in a relationship of some permanence, if they are the natural or adoptive parents of a child.
In some
other states, the adulterous
spouse may receive
less marital property in the divorce settlement
than she would otherwise be entitled to.
Alimony is financial support paid by one
spouse to the
other, often when one
spouse has significantly
less assets
than the
other.
When one
spouse has greater experience in dealing with financial, real estate or tax issues
than the
other, mediating without counsel often compounds feelings of vulnerability in the
less knowledgable
spouse.
If the combined income of the couple is
less than $ 75,000, as of 2012 state law, the court will usually award temporary maintenance if one
spouse earns a lot more
than the
other spouse.
If the stepparent consents to adopting his or her
spouse's child, and if the
other birth parent has abandoned the child for a period of one year or more or the
other birth parent has failed without cause to provide reasonable support for such child for a period of one year or more, an adoption can occur in a relatively short amount of time — sometimes
less than two months from service of the adoption petition.
One
spouse may be entitled to alimony if she has significantly
less assets
than the
other.
Mediation might not be the best process however if one of the
spouses knows much
less about the finances
than the
other, or if there is some
other sort of power imbalance between them.
Child support will be required by the parent who gets primary physical custody, while spousal support may be needed if one
spouse earns significantly
less than the
other.
Gigi Robson, certified public accountant and owner of Respond, which specializes in divorces and business dissolutions, said she sees two major aspects to her role: «First, education; typically, one of the
spouses is
less financially savvy
than the
other,» she said.
On average,
less than 10 % of
spouses» possible selves pertained to the domains achievement,
other relationships, and own death or bereavement.
A
spouse with
less -
than - perfect credit or who owes alimony, child support, or
other maintenance can make your VA approval more challenging.