When there is Life insurance on a spouse that has an ex-wife and minor child and spouse that dies is behind in child support can ex-wife take life insurance benefits that are the current spouses?
No, if she was the named beneficiary the benefits belongs to her, and she has no legal responsibility for the deceased's children.
What length of time is customary for spousal support in New Mexico?
New Mexico laws allow the court to order spousal support to be paid in the following ways: 1. Rehabilitative support that provides the receiving spouse with education, training, work experience or some other rehabilitation to increase that spouse's ability to earn income and become self-supporting; 2. Transitional spousal support to supplement the income of the receiving spouse for a limited period of time; 3. A single sum to be paid in one or more installments…
Furniture rental business garnish ssi payments?
Social Security benefits can never be garnished. Unless the judgment is for child or spousal support, unemployment insurance, workers' compensation awards, relocation benefits or disability or health insurance benefits cannot be garnished. Garnishing payments made from a retirement plan is also very difficult.
Are life insurance procees taxable if the employer paid the premiums?
No. Life insurance benefits are not eligable for taxation unless the insured passed away without assigning a beneficiary. In this situation the benefits are paid into the deceased's estate and are subject to any back taxes or child support owed by the deceased, or the would be inheritor. Cash value is not the same as an insurance benefit and may be taxable in some situations. Group (employment) insurance has no cash value.
Is life insurance an investment?
The is more than one kind of life insurance. Term life insurance expires at the end of its term period and is not an investment. Its sole purpose to provide protection for your dependents against the possibility that you will die and no longer provide support for them. Whole life insurance is an investment and provides the benefits of term insurance along with a savings plan, at an added cost. Eventually it is paid off…
Can you get spouse's pension if you are not married?
Unless it was part of your original divorce settlement, not a chance, unless there's child support or alimony issues involved. It's important to note that the Government views depends in terms of legal obligation (i.e., marriage or divorce), and current and former dependents receive any benefits based on current legal status, or if there is none, the military retiree's personal wishes. If there is a legal obligation to pay alimony or child support and it's…
What kind of support would you like to see from the Organization?
Speaking from the part of an employee, I would like to see support from the organization such that they may be able to give me security of tenure together with the right benefits and incentives that I deserve to have as part of the organization. I would also like support in terms of health insurance and the like especially if I have dependents. Also support in terms of the availability for promotion or for growth…
What is the percentage of working spouses in the Military not including Military to Military relationships?
It is my understanding that most military spouses DO work. This is for a number of reasons. One of them is that it helps take their mind off the fact that their husband/wife is out fighting a war and they are home alone and worried. Also, although the military has great benefits, one of its paychecks is not going to support an entire family. Thankfully, however, there are websites like militaryloans.com that basically give away…