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They can give them as much as they wish. The tax consequences are the real issue, so discuss with a tax attorney on how to minimize the tax liability.
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How do you legally remove a 14 year old minor from your home in Virginia when you are their guardian?
To legally remove a 14-year-old minor from your home in Virginia as their guardian, you would need to follow the legal process of emancipation. This usually involves submitting a petition to the court, demonstrating that the minor is able to support themselves financially and make informed decisions. It is recommended to seek guidance from a family law attorney to navigate this process effectively.
Are the parents legally responsible if you move out?
In most cases, parents are not legally responsible for their adult children once they move out, unless there are specific obligations outlined in a legal agreement or court order. Once a child reaches the age of majority and moves out, they are generally considered financially independent.
What age can a 17 year move out of their house in Ohio?
In Ohio, a 17-year-old can legally move out of their parent's home with their parent's consent. If the parents do not give their consent, the minor would need to seek emancipation from the court to establish legal independence.
Do Non-custodial parents have to give custodial insurance card or can the non-custodial parent send the bill in to insurance themselfs.?
Typically, the custodial parent would provide the insurance card to ensure the child's medical needs are met efficiently. If the non-custodial parent wishes to handle the billing directly with the insurance company, they can discuss this arrangement with the custodial parent and come to a mutual agreement. It's essential to prioritize the child's well-being and maintain open communication between both parents.
Is a 16-year-old considered legally emancipated in Texas once she has a child?
No, having a child does not automatically grant emancipation status in Texas. Emancipation in Texas requires a court order, which involves proving that the minor is self-supporting and living independently. The presence of a child alone does not meet these criteria.
Can a child take a loan for a parent?
Yeah but will the child pay back? And will the parent allow to give their child a huge amount of money?
How much money can a child give to a parent?
As much as they want.
What is the total amount a parent can give towards a child's home purchase.?
There is not set amount of money a parent can give towards a child's home purchase. This is totally individual.
Does the child get the money from child support please give simple answer?
No, the parent/guardian gets the money and is supposed to use the money to care for the child (food, education, ect.)
How old you have to be to buy a shotgun?
legally you have to be 18 but you can just get your parent or legal guardian to purchase it for you and then give them the money
How much money can a parent give to a child if the parent is past 80 and possibly going to nursing home in the future?
There is no limit on the amount of money that your parent can give you. You want to do this before they go to the nursing home because the home will take all of their money.
Can a nonbiological parent diseastablish himself as a legal parent be absolved of any responsibility but gain visitation rights?
If the parent legally adopted the child they cannot undo it unless another adult is willing to take over their legal responsibilities as the parent. That is usually one when a couple has divorced and a new spouse wants to adopt the child. If you give up your parental rights in that case you will not be entitled to visitations.If the parent legally adopted the child they cannot undo it unless another adult is willing to take over their legal responsibilities as the parent. That is usually one when a couple has divorced and a new spouse wants to adopt the child. If you give up your parental rights in that case you will not be entitled to visitations.If the parent legally adopted the child they cannot undo it unless another adult is willing to take over their legal responsibilities as the parent. That is usually one when a couple has divorced and a new spouse wants to adopt the child. If you give up your parental rights in that case you will not be entitled to visitations.If the parent legally adopted the child they cannot undo it unless another adult is willing to take over their legal responsibilities as the parent. That is usually one when a couple has divorced and a new spouse wants to adopt the child. If you give up your parental rights in that case you will not be entitled to visitations.
I thought you cannot give child support to a minor doesn't the money have to go to the custodial parent?
Yes it has to go to the custodial parent
How much money can a parent give a child tax free year?
$13000 in year 2009
If a grown child has guardianship over an elderly parent and that grown child files personal and or business bankrupcty will any of the elderly parent's funds be used to cover the grown child's debts?
no but you can give money to them
In BC law according to Divorce Act agreement what if one parent wants to give a minor child support directly to child and the other parent doesn't?
Under the Divorce Act, child support payments are typically made to the other parent, not directly to the child. If one parent wants to give child support directly to the minor child, they should discuss this with the other parent and try to come to an agreement. If an agreement cannot be reached, the matter may need to be resolved through a court or through mediation.
If not with the mother of your child and you have custody half the time and also give her money and its not threw the court's do you have to give her that money.?
Legally, no. But you two ought to get a court order legitimizing this arrangement.
