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Q: Have a mutual fund with your name and ex wifes now when you divorced she said you could have it how can you cash out on it legallyi been paying all taxes due from dividens since you divorced?
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Can Muslims invest in mutual funds?

Yes they can but the sharia law of Muslims prohibits them from receiving or paying interest and hence they cannot invest in stocks of companies that do so. there are mutual funds in India that invest only in sharia compliant stocks from the Parsoli mutual fund house. They can invest in them.


What is an option in mutual fund means?

A type of mutual fund with the goal to generate current income for its investors from the premium it earns by selling option contracts. The profits investors earn on the options are taxed as ordinary income, not as dividends, so option income funds are best held in tax-advantaged accounts. This income generating strategy is much riskier than investing in dividend paying stocks, although the returns can be much higher. There are a number of online trading portals that can also help you out when trying to figure out Mutual Funds Jargon. Sites like Reliance Mutual Funds, money control, etc are very good.


What is the difference between a mutual fund and a IRA?

A mutual fund is an investment, something you buy in expectation of it going up in value. An IRA , individual retirement account, is an account which can hold different types of investments (like mutual funds). It is not any particular investment. Think of it this way: an IRA is a bucket and a mutual fund is what you choose to put into the bucket. This issue can be confused because of the way banks market IRAs. They often marry the account with a particular investment, the CD. So, banks will advertise an IRA "paying 5% for 5 years" What they have done is taken away all choice as to what you can put into the IRA and have told you they will sell you an IRA with a 5 year, 5% CD inside of it.


Is a spouse financially or legally responsible for debt of other spouse?

I divorced my husband and had the credit card debt negotiated so that he was the responsible party for paying the debt. He does not pay on the debt therefore I found out that I am liable for the debt because the card was opened in both names.


Can you take out a home equity line of credit with a cosigner?

Yes, as long as the co-signer is fully informed that if you stop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.

Related questions

Why do divorced dads have to pay for child's collage you barely can pay your bills?

because they're still YOUR kids. YOU made them and whether you are divorced or not you would be paying for their education.


If you are soon to be divorced does your wife have to sign on a new house you will be buying?

I do not think she has to as I reckoned that you will be paying for it alone.


Did shaggy 2 dope get divorced?

yes he did and now hes paying a shitload in child support


Can Muslims invest in mutual funds?

Yes they can but the sharia law of Muslims prohibits them from receiving or paying interest and hence they cannot invest in stocks of companies that do so. there are mutual funds in India that invest only in sharia compliant stocks from the Parsoli mutual fund house. They can invest in them.


In Michigan how do I learn if someone is divorced without paying a fee?

Search court records via the internet or in person.


Im divorced and the judge gave me child support but my ex-hubsand is not paying. Do i have to go to the child support center?

yes


What is a prepaid load?

When purchasing mutual funds, a prepaid load is one in which you pay the commission upfront, opposed to paying a rear load where you pay any commissions after the sale of the mutual fund. In cell phones, a prepaid load would be buying usable minutes using those minutes and then buying more minutes. You are paying upfront instead of receiving a monthly billing.


My husband had joint life policy with exwife after they divorced he was the only one paying premiums and only his life was insured he died in this year and am i beneficiary of this life policy or exwi?

Um... if he was definatley then only one paying premiums after the divorce, then you should be ritefully incharge of the insurance. Because A she and him were divorced, and B she didn't pay the policy fees. Ur welcome


How can you avoid tax upon unloading one family of mutual funds buying into another family of mutual funds?

You can not sell and rebuy without paying capital gains taxes. Your only solution is if this is a 401k to change the amount you buy each month. Such as if you have been buying energy mutual funds and now you want to buy bond funds. Start switching your percentage from to the other. http://www.amfi.com/types/energy-mutual-funds http://www.irs.gov/


Can you sue a homeowner for not paying his share of a mutual road maintanace agreement?

Absolutely, but just beause you win a lawsuit against him doesn't mean that you will have an easy time collecting the money.


Is payment of a dividend a requirement of a stock corporation?

No, corporations are not required to pay dividends on their stocks. However, some mutual funds are designed to only invest in dividend-paying stocks, so some corporations pay a miniscule dividend in order that those mutual funds might buy their stock.


If you are not divorced but your wife left the state and you are paying child support can you claim your children?

If you have them 51% of the time. What have to done to get the children returned to the jurisdiction of the court? see link below