Sentences with phrase «sum support payment»

In some cases, a judge may order a single lump - sum support payment.

Not exact matches

An amendment to allow lump sum NI payments was introduced to the pensions bill by Baroness Hollis and received provisional government support.

Check whether your ex-employer is offering salary continuance or a lump sum payment, and whether you're still entitled to extended benefits or any kind of employment support.

Part of the equity in your home can be given to you as a lump sum, or you can use it as monthly payments towards ongoing care or support costs.

Legal expenses incurred to obtain a lump - sum settlement are generally not deductible unless the lump - sum payment specifically relates to a number of periodic child support payments that were in arrears.

the member's account balance is no longer seen as supporting a TRIS and t any payments made during the year (not just the amount in excess of the limit) will be super lump sums for income tax purposes and lump sums for SIS Regulations purposes

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

Sorochan said he is not against lump - sum payments if they are adequate to meet the individual's long - term needs for physical or psychological support when an injury has occurred.

Alimony, also sometimes called spousal support or spousal maintenance, is a payment made in either monthly or quarterly installments (or in rare occasions, a lump sum) that is supposed to serve as a financial buoy to the spouse who is disadvantaged.

Spousal support, a lump - sum payment or a greater portion of other marital assets may be given to one spouse in exchange for his or her share of the business.

• Whether, if the lump - sum award is ordered, the recipient spouse is unlikely to receive any equalization payment or child support payments to which she is entitled.

With respect to (7), the ONCA concluded that the trial judge was right to discount the retroactive lump sum payment of spousal support by 35 % to take into account the fact that the payment would not be tax deductible to the husband, in contrast to periodic spousal support payments.

With respect to (4) and (5), the ONCA set aside the motion judge's lump sum spousal support order, without prejudice to the mother's right to bring another motion for lump sum support, noting that the motions judge's analysis on this issue was lacking and that his approach supported the conclusion that the underlying purpose of his lump sum spousal support award was merely to convert the mother's unpaid equalization payment into lump sum spousal support following the father's bankruptcy.

In light of this and other developments, the wife applied to a motions judge for an order that his ongoing child and spousal support obligations be converted to a lump - sum amount in the same amount as the equalization payment would have been, i.e. $ 50,000.

Any portion of lump sum payments of retroactive Social Security Disability benefits paid to children not credited against the existing child support arrearage is properly treated as a gratuity to the children.

Mr. MacLean succeeded in having the court use all of the companies pre-tax profits for the SSAG calculation based on BCCA law from the cases of Klukas and Teja, defeating the husband's spousal support claim that double dipping applied to BC spousal support and a lower BC spousal and BC child support payment should thus be paid, blocking any $ 350,000 cap argument where BC spousal support is not increased on high salaries above $ 350,000 per year and finally in having the child support portion of the order made retroactive so a large lump sum payment was received for the children's benefit.

The common law spouse, Jennifer Quinn appealed and eventually the Ontario Divisional Court conducted its own analysis of the dependant support claim, ultimately concluding she was entitled to a lump sum payment of $ 750,000.

A lump - sum payment which does not specify that it is made in respect of child support, or that does not delineate between the spousal and child support portions, will not qualify for the deduction.

A life settlement allows you to receive a large sum of cash in exchange for your insurance policy while you are still alive, it eliminates premium payments, and it accommodates the changing financial needs of your dependents who may no longer rely on you for financial support.

Usually, when a user on a BitPay - supported e-commerce platform or online store makes a payment to a specific merchant, the entire sum of bitcoin is sent directly to the merchant's listed bitcoin address.

Eligibility Criteria Eligible participants will be custodial parents living in the designated counties who receive lump sum child support payments exceeding their regular child support payments.

The policy should be in an amount sufficient to cover the sum of support obligations and property distribution payments contemplated.

Alimony, or spousal support, may be awarded to either spouse on a temporary or permanent basis, and may be awarded in a lump sum or by scheduled payments.

Bereavement Support Payment consists of an initial lump sum payment of # 2,500 (or, if you have children, # 3,500) and a further 18 monthly instalments of # 100 (or, if you're eligible for Child Benefit, Payment consists of an initial lump sum payment of # 2,500 (or, if you have children, # 3,500) and a further 18 monthly instalments of # 100 (or, if you're eligible for Child Benefit, payment of # 2,500 (or, if you have children, # 3,500) and a further 18 monthly instalments of # 100 (or, if you're eligible for Child Benefit, # 350).

When retroactive child support is paid after the court order, the non-custodial parent can pay in one lump sum or in payment installments.

We've posted about the difference between lump sum and periodic payments in spousal support, but what about retroactive support?

The effect of child support regulations will mean that when couples part and seek legal settlement of their property and financial affairs, the pressure will be intensified for an order, either for the sale of the former matrimonial home or its transfer to the absent parent in return for a lump sum payment to the caring parent.