If your question supposes that you purchased life insurance for the child before he/she reached 18, you are free to continue it or not. It may well be a good idea to continue it because a medical condition may develop later in life that makes it hard or impossible for the child to later get life insurance. Naturally, you can reach an agreement with the child that he/she take over the payment of the premiums.
Do you have a child that is going away to college or is currently a student at a university? If so, your child may no longer be covered under your health insurance policy. Check with your provider when your child turns 18 to see if your child is still covered under your health insurance plan, as many health care providers consider the age of 18 as an adult. If you need to purchase health care coverage for your child, ask the college if they offer student health insurance. Most colleges offer insurance to students at a very reasonable rate.
No one. Each child will be able to collect their share of the money when they are 18. The money for the minor child will be kept by the insurance company until the minor turns 18. This is why it is not a good idea to name minors as beneficiaries of life insurance policies if the money would be necessary for the upbringing of the child. Either name an adult that you trust or create a life insurance trust to be named as the beneficiary.
I was looking for a CT company with the Policy # PACT. It turns out the insurance company is Esurance - not to be confused with ensurance. The last two letters are the abbreviation for the state.
The parent can continue to receive food stamps. If the child is still living in the parent's home, the two of them can continue to receive food stamps together as one household.
Endowment means lump sum payout. An "Endowment at 65" policy means that the total death benefit of the policy (minus any loans and interest) will be paid to the owner of the policy when the insured turns 65. *Owner of the policy may or may not be the isured OR beneficiary.
Only with a modified order. Texas law does not provide for it. See link.
In the state of Tennessee, there is no statute of limitations if back child support is owed. The amount will continue to accrue until the child turns age 18.
If it is arrears of support then there is no limitation of time if you owed it you must pay. However going forward child support stops when the child becomes an adult.
Child Support usually stops when the child reaches the age of majority, which can vary from country to country. However sometimes payments will continue if the child goes into further full-time education.
You need to contact an attorney or legal aid in your state. Massachusetts just ruled that child support obligations survive death. If the estate has enough money to continue paying the support, the parent cannot disinherit the minor child to stop child support payments after death.
That depends on the specific situation. If the child is still on the parent's insurance, the parents will be responsible. But once they are on their own, it is their issue.
If there is a standing court order for repayment of arrearages, it will continue to be in affect until the monies owed are paid, regardless if the child has reached the age of majority.
In most states/most cases, the 'other' parent will continue to pay child support on each child until they reach 18 years of age, at that point the child support should stop. In some states, payments will continue if the child goes on to college and will stop when the child leaves college or turns 21, whichever comes first.
Until the child turns eighteen. If the child continues their education and pursues a college degree, it will continue until the child either graduates or stops attending. There are some other exceptions to include marriage and out of the house for before the age of eighteen.
Orphanages continue child care until the orphan is a legal adult. So, when an orphan turns 18.
There is no child support after a child turns 18 in Texas, unless the child has not graduated high school.
If there is no child support owed that is in arrears, for Kentucky child support orders, the child support order ends when the child turns 18, unless he or she is still enrolled in high school, in which case child support would continue through the school year in which the child turns 19. Under certain circumstances, child support may continue past the child turning 18 (or 19 if still in high school) if ordered by the court. If the support order is for more than one child, the support obligation will not automatically end when one of the children reaches 18 (or 19 if still in high school) unless that child is the youngest child or the child support order listed a separate amount of child support for each child. If neither of these conditions exists, a request for a review of the child support obligation must be submitted before any change in the obligation amount can be made. If child support is in arrears, it will continue until the past due amount is completely satisfied.
It depends on the state. In most states, child support is required to continue until the child turns 18, regardless of whether or not they drop out of high school. However, some states allow child support to end early if the child drops out or is not making satisfactory progress towards graduation.
Under the federal health reform law, you can no longer cover your child when he or she turns age 26. The child can lose coverage before age 26 if the parent's plan was "grandfathered" and the plan chose to refuse children who have coverage offered to them from their own employer. The state you live in may have slightly different rules. Some states allow children past age 26. Check your state's insurance regulatory bureau's website or ask your plan administrator.
When child turns 18, or, if child is in high school, when child turns 19 or graduates, whichever is first.
It is always the at-fault party's responsibility to pay for the damage they cause in an accident. Insurance is a transfer of risk from the driver to the insurance company, but if the coverage (collison) does not exist on the car, then the driver will be responsible to pay out of pocket for the damage.
In the state of Georgia court ordered child support continues until the child turns 18 years old. There is the exception if the child is still in high school than the order will continue until they finish high school or turn 20 years old.
All terms of your child support should be in your support order. Some states do allow for child support to be continued until the child is in school/college. Review your order and, if needed, contact the court that issued it for any further information.
If it was insured, then it is covered under you insurance, but it will depend on the policy. If you just purchased it and took a bus home, but left it on the bus or it was stolen, then it is lost - not covered. The best thing you can do is report it as a missing item to the public transportation department in case it turns up.