Sentences with phrase «spouse provides financial support»

Spousal support is when one spouse provides financial support to the other who is in need of temporary monetary help.
This means that in - laws are dependents if the insured's spouse provides financial support or care for them.

Not exact matches

A dependent of a member of the Armed Forces on active duty as described above is the member's spouse, the member's child under the age of eighteen years old, or an individual for whom the member provided more than one - half of his / her financial support for 180 days immediately preceding today's date.
In Orlando, a spouse is entitled to compensation for the loss of financial support, the loss of companionship, the loss of love and the loss of the routine services that were typically provided by the deceased.
The forensic accountant may calculate the parties» spending habits to provide insight on amounts needed in future financial support payments to maintain each spouse's lifestyle (lifestyle analysis).
Today, spousal maintenance may be awarded to either spouse if he or she needs financial assistance, and the other is able to provide such assistance; also, awards now tend to be temporary, lasting for a period of rehabilitation that enables the recipient spouse to become self - supporting.
State law obligates you and your former partner, or former spouse, to provide financial support for any children that you birth or otherwise adopt, until they reach the age of majority, 18 years old, or graduate from high school, whichever is later.
Alimony or Spousal support is designed to help provide you or your spouse with financial support after the conclusion of a marriage
Claims for distant father / mother who did not really provide for their children or spend much time at home with them will be valued differently than a father who was close and provided solid financial support for the children and spouse.
3) You must provide financial support for a spouse, or common - law or conjugal / sexual partner for three years from the date they become a permanent resident,
CPAs and Financial Planners can be part of the collaborative team to amicably and efficiently help you and your spouse to inventory and value property, determine income and budgetary needs for child support and spousal support, and provide tax advice.
You will provide your spouse with the financial statement and the supporting documents.
Obviously if one expects the status quo to change shortly (for example, the other spouse is threatening to stop providing financial support or the other parent is threatening to remove the children from the state), filing such motions is advisable even if the status quo is acceptable.
The Arizona Court of Appeals pointed to the Arizona Supreme Court» s ruling in Schroeder v. Schroeder, which held the purpose of spousal maintenance is to help both former spouses achieve financial independence by providing support from one spouse to the other spouse in such amount and as for as such time as reasonably needed to enable the other spouse to obtain the education, training, and experience to support themselves.
As a result, we provide skillful legal representation for spouses seeking alimony or spousal support to help them through the financial difficulties brought on by the dissolution of their marriage.
Civil partners are provided with the full range of financial applications that are available to spouses including Orders relating to property, financial support and pension sharing.
Alimony is a regular payment one spouse makes to the other spouse to provide financial support during and / or after a divorce.
If you feel that providing spousal support would be a financial burden for you, there are legal protections to ensure that neither spouse is made to pay support unfairly.
Also, the exchange of Financial Statements long before a court date will allow the parties» respective lawyers to provide accurate legal advice on matters such as the range of child or spousal support that may be owed from one spouse to another; this can reduce or even eliminate the time that a court would have to spend determining the issue.
While life insurance is most commonly used to provide financial support for your spouse and dependents after you die, there are other reasons to have own a policy.
You might also get married and start a family at a later date and will need to provide financial support for your spouse and dependent children.
Sagicor offers Term Life Insurance so you can provide protection for those who count on you for financial support — whether it's a spouse, children, grandchildren, elderly parent, business partner or special needs adult.
In most cases where both spouses work, the family depends on the income of both parents to provide financial support.
Term life insurance is meant to help provide financial support for your spouse, children, or other loved ones whom you designate in the event of your death for a specified period of time, or «term.»
Term insurance can provide coverage while people depend upon the insured person's income and support, but for people who live until their retirement, chances are they either accumulated enough savings already to support their spouse, and / or their children are grown and no longer need parental guardian financial support.
That means, your family, spouse and children, will receive full coverage amount, which will provide them life - long financial support.
The thought goes against the grain of the concept of why we carry life insurance in the first place — to protect the family provider, the main breadwinner, or a spouse who provides caregiving services in the household — should they die and leave the family without financial support.
MSAN provides information on resources, benefits, education and career opportunities, deployment & reintegration support, guidance for new military spouses, financial resources, and health & wellness.
In a legal separation, the spouses divide the assets and liabilities, provide for the custody of children, and set up financial support payments, but remain married in the eyes of the law.
The spouse who provides financial support is known as the obligor whereas the spouse who receives it is known as the obligee.
For example, a spouse's gross neglect can be grounds for divorce, but the filing spouse must prove the other spouse failed to meet his spousal obligations of respect, fidelity and support, which may be evidenced by a failure to provide financial or emotional support, or engage in sexual relations.
When spouses divorce in Wyoming, they remain responsible for providing financial support for their children.
When spouses with children divorce, one parent will have primary custody of the children and the other parent will usually be required to pay child support to provide financial assistance to the custodial parent.
Alimony, called spousal maintenance in Missouri, is financial support provided by one spouse to another after a divorce...
Further, there is oftentimes a neutral financial professional who streamlines the process of ensuring that each spouse can make an informed decision on financial matters, provides options on support and distribution of assets and debts that are specifically tailored for the family's needs, and helps ensure that both spouses are on firmer financial footing once the divorce is finalized.
If you and your spouse own a business together, or if you have a lot of investments together, the Collaborative Process will provide you with a deeper level of financial support.
For example, If your spouse says, «I will give you extra help [financially] whenever I can, provided I can,» you have no legal guarantee of receiving financial support under those terms; specific amounts and periods of support must be properly set forth in the Property Settlement Agreement.
The other spouse worked to provide the family with financial support.
In many cases of divorce, one of the spouses will be ordered by the court to pay child support or provide financial assistance to the other spouse.
The law provides a way to deal with these situations and allows the spouse who needs financial help to receive spousal support.
A temporary, formal agreement approved by the court that recognizes the separation between spouses and provides for spousal maintenance or financial child support.
A spouse, parent or adult interdependent partner must provide their current financial information as long as a support order is in place.
Through this, the financial professional can provide practical and realistic options for dividing the marital estate and (when necessary) creating a support plan, leading to a financial resolution that both spouses can live with after the divorce.
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