In a joint annuity can payments be made to an annuitant if the spouse is younger than fifty nine and one half?
Perhaps, if the spouse who is 59 and a half is the principle owner, contact them, or read the conditions.
annuity payments can be structured for 20 years certain or other term/period certain payouts. Other optional annuity forms of payouts are also available from insurance companies underwriting annuity contracts such as life and joint/survivor payout options. Read More
A joint annuity with a survivors benefit. However you purchase the joint annuity first. The payout procedure doesn't actually take affect until you would decide to annuitize the annuity. This is beneficial because if the first spouse passes away before the annuity is annuitized (set up for lifetime payments) the living spouse has the ability to receive it as a single payout annuity giving them a larger payment each month. Read More
The obligor's spouse can use his/her money, if s/he wishes to do so. However, the spouse cannot be forced to make these payments. Read More
Depends on the State Laws, the divorce proceedings and the division of assets. In many cases a portion of the annuity may have to be forfeited to the soon to be ex-spouse. Read More
Depends on divorce decree or pre-nup. Read More
In Canada is a divorce considered illegal if a spouse filing for divorce gives false information in order to obtain the divorce?
How do I find hidden money my spouse put in a annuity or trust? Read More
Your spouse has no authority to over-ride a court ordered child support. Read More
In Louisiana is the surviving spouse responsible for the child support payments of a deceased individual?
no Read More
Qualifying pension and annity income includes: periodic and lump-sum payments from an IRA, but not payments derived from contributions made after you retired up to $20,000 received after the age 59 1/2 are eligible to for the pension and annuity exclusion. enter on line 29 of IT-201. Married taxpayers If you both qualify, you and your spouse can each subtract up to $20,000 of your own pension and annuity income. However, you cannot claim any… Read More
payments to x-spouse from retirement after x-spouse has remarried is this legal in Washington state Read More
Can you get life insurance rates cheaper by insuring the younger spouse and adding on the older spouse?
I haven't see that feature, but ask your agent. Read More
Will your Social Security payments be reduced when your spouse becomes eligible and receives his Social Security?
No. Your benefits are calculated individually and do not change when your spouse begins receiving his or her benefits. Read More
How long can a spouse stay in the house after the mortgage holder dies and he or she can't make payments?
forever Read More
Do chapter 7 bankruptcy relieves you of a mortgage in a divorce but the spouse stills lives in the home?
Yes it does- if spouse wants to live at the house then he/she must continue to make the payments. Read More
Can alimony payments made directly to spouse instead of through the court be considered a gift instead of a payment?
If the payments do not go through the court, they are not counted as being made as ordered. Read More
no,they will give you extra time to pay it but not alot of time Read More
Check with the holder to see if a beneficiary was listed for the account. If no beneficiary was listed then the annuity was owned by the decedent and their estate must be probated. The duly appointed estate representative will have the authority to distribute the funds (by Will or the laws of intestacy) once any debts of the estate have been paid. Read More
yes when you get married,all property is concidered shared Read More
No, but equalization payments from one spouse to another are dischargeable in a 13. Read More
In a divorce is a spouse not listed on the mortgage but listed on the deed required to help make the mortgage payments in Tennessee?
If they are not listed on the mortgage, then they have no legal obligation to pay the debt. If payments are not made it is only your credit that will be damaged. Read More
If a married worker is killed in the course of employment, the surviving spouse is awarded a lump sum or annuity of WC benefits and can never sue the employer for fault or negligence. Read More
A state court order must say military retirement pay is part of the alimony can a former spouse receive a portion. No Federal law says a former spouse is entitled to the pay as part of alimony. Read More
Spouses are not responsible for their spouses' children. However, to collect past-due support, the State may place liens and intercept payments that involve the new spouse. Read More
What if the spouse dies and there is still a lien on the house but both parties signed the mortgage?
Most lenders will allow you to continue to make the payments as the loan is. Some may modify the loan. As long as you can continue the payments, you will be ok. Read More
No. Alimony is intended to support the ex-spouse (generally, for a limited period of time). Child support is intended to support the children. Read More
The divorce decree obligation states what each spouse is obligated to. This could be alimony payments or child support. Read More
Generally if an ex-spouse has not remarried before age 63, there should be no problem. Go to the Social Security site and ask for a review of benefits. Read More
Prior to serving time, one should contact their creditors and let them know the circumstances and timing of the sentence. Most creditors will put the loans on hold until the offender is out of the prison system. If the state in which you are in is a community property state AND you have a spouse, however, your spouse will be required to continue with the payments regardless of your incarceration. Read More
NO> It is not her responsibility to pay for his previous children. Read More
only if it's on a joint acct she can't touch your personnal acct Read More
Benefits that go to the survivors. For example, if you had a pension plan, and you died, your surviving spouse might be entitled to some of your pension payments. Read More
No. However, the State can place liens on property jointly held by the obligor and her new spouse. Read More
born on the 4th of august 1992, calculate :) yeah he looks younger on tv Read More
If paying alimony and ex spouse becomes eligible to draw Social Security on ex spouse who is paying alimony can alimony payments stop?
It depends on the wording of the alimony decree. Generally, the alimony and the Social Security are independent of one another. Read More
Whether or not a surviving spouse is entitiled to any life insurance proceeds DEPENDS on the fact that most, if not all, policies must be paid to the named beneficiaries in the insurance policy records. Read More
A former spouse can receive benefits under the same circumstances as a current spouse or widow/widower if the marriage lasted 10 years or more. Benefits paid to a surviving divorced spouse will not affect the benefit rates for other beneficiaries. Read More
If you or she are of legal drinking age yes. Read More
No not at all, I know women that are 10+ years older than their spouse. Read More
What happens during a spouse support trial where the ex spouse is in contempt of none spousel support payments?
The same as child support. You're not arrested for non-payment, you're arrested for showing contempt for the orders of the court. Unfortunately, it is not equally applied. Read More
No Child support payments are neither deductible by the payer nor taxable to the payee. When you calculate your gross income to see if you are required to file a tax return, do not include child support payments received. However, alimony, separate maintenance, and similar payments from your spouse or former spouse are taxable to you in the year received: Read More
If your ex spouse got the house in the divorce but now is behind in the payments And you are on the loan still can you take possession of the home if you take over payments?
I have the same question. I'm debating whether to pay off my loan to prevent this from happening or invest the money elsewhere. Read More
Can creditors charge late fees on a deceased person's estate when there is no spouse For example late condo association fees late mortgage payments etc.?
Yes. Read More
How long do you have to pay payments to the arrears to your ex spouse after the children are independent?
Until it is paid off, including interest penalties for your state. see links below Read More
After a divorce must your ex spouse pay half of the mortgage payment if their name is on the mortgage?
That issue should have been addressed in writing in your Separation Agreement when you were divorced. You need to review it and the decree. All financial matters between the parties should be addressed in that agreement. If the mortgage wasn't addressed then you are each equally responsible for payments. If the payments aren't made and the loan goes into default the bank will foreclose and take possession of the property. That means if your ex-spouse… Read More
If you were married at least 10 years and the spouse has not remarried, then he/she would receive the standard 50% share from your social security pension. It does not lower your payments however. Parenthetically, you can remarry and get divorced numerous times, and the spouse will each get 50% share (assuming that they were each married for minimum 10 years) Read More
Can you get support in terms of monthly payments and if yes under what conditions would this be terminated or modified?
Permanent alimony is the simplest type of spousal support, providing fixed monthly payments from one spouse to another for the life of the spouse with a few provisions. Typically, permanent alimony ends when either spouse dies or when the receiving spouse remarries. If the receiving spouse were to come into a large amount of money, alleviating the need for alimony, that could also be cause to have the alimony order lifted or at least reduced… Read More
What happens to a persons annuitiy if he dies and still have money in it But has kids and no will Can the childrens claim the rest of his retirement that he has paid in to it?
This is called intestacy. Each state or country has their laws as to how the estate is distributed. You can work with an attorney, open an estate and all of the assets are valued and distributed according to the laws. An annuity is a special device. It will depend on the type and the contract between the parties. In many cases, the annuity ends on the death of the recipient. In others, there may be… Read More
No. It is customarily written into the divorce decrees that if the spouse who is receiving alimony (aka spousal support) re-marries, the support payments will cease. Now, this does not happen automatically ... the spouse who is paying support must file in court to get this stopped - once the filing has been made, disbursing payments to the other will cease, but garnishments to wages will continue until the court hearing. Once the judgment has… Read More
In a present day Chinese village which situation illustrates the influence of traditional Confucian beliefs?
Younger people respect their parents' wishes when choosing a spouse. Read More
Child support continues until child attains age 18 regardless of where they have moved to or from. The court figures out the total months of payments, and establishes a total dollar amount owed. In that manner, if the paying spouse defaults on, for example, two years worth of payments, that spouse will continue paying support until every dime is paid, even if the child is over the age of 18. Read More