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Will a death benefit from a life insurance policy for spousal support be taxable to the beneficiary?
Wiki User
∙ 7y ago
The death benefit of any life insurance policy with properly named beneficiary is federal tax free. What you do with the money...may be taxable. Fear not, you are in the clear. 4lifeguild It also depends on who paid the premiums. If a company paid, and deducted then it's a good chance the proceeds will be taxable.
Wiki User
∙ 7y ago
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Does the law require that I provide life insurance on myself for spousal support after divorce?
Laws vary from state to state and other countries. The divorce decree can specify that the spouse be named a beneficiary on a life insurance policy of a certain amount.
What is the law regarding grandparents insurance policy if the grandson is deceased and owes child support in Texas?
If question refers to whether or not the insurance benefit is subject to seizure for child support arrearages. If that is the case, the answer would be yes. Any monies garnered from the insurance benefit that belongs to the obligated parent would be subject to garnishment for child support arrearages. If the named beneficiary of the insurance benefit is deceased and the grandparent(s) are still living, they can legally have the policy amended and another beneficiary named. In that case the monies would not be a part of the deceased grandson's estate and not subject to probate action nor distribution for his debts.
Can you buy life insurance on your de-facto husband?
If you will somehow suffer a financial loss upon his death, then you should be able to. An example would be if he is paying some sort of child support or spousal maintenance. He would need to be aware of that policy and assign you as a beneficiary.
Can a spouse waiver spousal support by not enforcing a spousal support order?
No. The spousal support order remains in effect until it is modified by the court.
Is the beneficiary of a life insurance policy responsible for back child support of deceased?
No, you are not responsible for their back child support.
Is child and spousal payments protected from garnishment in AZ?
only child support. Spousal support is taxable income.
If you get child support from the father of your child can you get marital spousal child support?
There's no such thing as "marital spousal child support." You might be able to get spousal support ("alimony" or "maintenance") for a brief period to allow you to become self-sufficient.
Can you receive spousal support if you are not marrief and have a child?
No; as the term implies, spousal support is for spouses. However, you ought to be able to receive child support.
What does Terminate the court's jurisdiction to award spousal support to Petitioner mean?
the petitoner is asking the court to deny spousal support
Can ssi disability be taken for spousal support not child support?
no
What is a spousal support lawyer?
A spousal support lawyer is a type of family law attorney who specializes in cases involving spousal support or alimony. These lawyers help clients navigate the legal process of determining, modifying, or enforcing spousal support payments during divorce or separation proceedings. They provide guidance, negotiate settlements, and advocate on behalf of their clients to ensure a fair resolution.
Can workers compensation disability be garnished for spousal support?
It depends upon the laws of the state in which the beneficiary of the disability award resides. Some states allow for such garnishment, some do not, but all US states allow disabililty garnishment when it relates to child support obligations.
