answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Can an adult child receive money from their parents business if one parent is still alive and the business is still going?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is a parent finacially responsible for adult mentally retarded child?

If the parents are divorced, child support continues beyond the normal cutoff age, however married parents are not under this same obligation. The adult can apply for and receive SSI.


Why do adult children void parent?

adult children's avoid parents because of the mostly parents interface there lives


If an adult child is staying with their parents temporarily does the adult child have legal rights to their parent's residence because they receive mail at their parent's address?

Receiving mail as a guest in your parents' home does not give you any legal rights in their property. You may be entitled to notice under state laws if they want to evict you but you have no other rights in the property.


What is the parent's responsibility for medical bills for adult children?

Parents shouldn't be responsible for adult children.


Did Thomas Edison's parents die when he was born?

No his parent were alive for most of his adult life


What has the author Shauna L Smith written?

Shauna L. Smith has written: 'Making peace with your adult children' -- subject(s): Adult children, Adult children of aging parents, Aging parents, Attitudes, Intergenerational relations, Parent and adult child


What rights do adult children have to a parents estate if they are estranged from their parents?

That depends on the State the will is probated in. For instance, in New Jersey, an adult child has no rights to a parents estate if he was not mentioned in the will. The parent has the right to give his possessions to a charity if he wishes to do so.


Is a parent responsible for adult chid's funeral expense?

Not if that child is married then yes the parents would be responsible.


Do you have to live with your parents?

Yes, of course one should live parent at least till he/she become adult.


Who is first next of kin - parent or child?

Your next of kin is your adult child or if your child is a minor, your parents.


If a Mexican or any other illegal immigrant comes into the country and has a baby does the parent receive citizenship?

No, only when the child is an adult (18) can they request a green card for the parents. They will be illegal until then, unless they marry a citizen or get an employer to sponsor them.


Can a parent divorce an adult child?

No. A divorce is a legal action that ends a legal marriage. Parents are not married to their children.