Sentences with phrase «spouses meet their expenses»

Alimony is a monthly payment made after a divorce is final to help former spouses meet their expenses.

Not exact matches

The income of the veteran and spouse, if any, must be shown to be stable and sufficient to meet the mortgage payments, cover the costs of owning a home, take care of other obligations and expenses, and have enough left over for family support.

If you die without proper coverage, your spouse and kids may be unable to pay the mortgage or meet daily expenses.

Temporary spousal support can be awarded to this spouse, to help them meet their living expenses while the divorce is worked out.

Now's the time to review all of your retirement accounts to determine if your partner or spouse would have enough in retirement assets to meet cost of living expenses should you die unexpectedly.

If you were gone, would your surviving partner or spouse have enough income to meet daily expenses?

For most families, even if both spouses are generating a significant and steady income stream, if one spouse dies, the surviving spouse is unlikely to continue comfortably meeting the monthly family expenses.

However, when both the spouses are working, there is a relief in meeting expenses since there is the inflow of dual incomes thereby taking the edge off expenses.

In such cases, what if you met an accident and your spouse's is not able to bear all expenses alone.

This lump sum amount can settle your home loan as also give your spouse a decent corpus for meeting the education expenses of your child.

This is the amount of money financial planners recommend, since it allows the surviving spouse to take only a small percentage of the lump sum each year to meet living expenses.

The death benefit from your term life policy can help your spouse make ends meet by providing funds to cover expenses such as:

This type of life insurance can provide flexible terms of coverage to meet your needs, and help provide your loved one with the money they need to pay for your burial expenses or provide additional money for your spouse, or other loves ones.

On the one side the income would be so low that the non-wage earner is stuck with a support amount too low to cover expenses and on the other side the income may be severely inflated making it difficult for the self - employed spouse to meet his or her support obligations and keep the business afloat.