Parents are financially responsible for their children until they reach the age of 18. After their children are adults it is up to them to take care of themselves, although many parents may still help.
No, parents do not have ownership over their child. Children are individuals with their own rights and autonomy. Parents have a responsibility to care for and protect their children, but they do not own them.
A custodial account allows parents or guardians to invest on behalf of a child, providing potential growth over time. It can teach financial responsibility and provide funds for education or other future needs.
If this involves giving up parental rights and financial responsibility, it has to be court approved.
Not if the courts have removed any financial responsibility.
Yes parents are legally responsible for their children until the child reaches the age of responsibility.
If the child is over age 18, then the parent is not responsible for the child's medical bills. The child is legally responsible for anything that the insurance policy did not pay.
It can; it is a big responsibility to take care of another creature. The parents, however, must be prepared to enforce the thought that the responsibility is the child's. If the parents take over caring for the dog, the child may never take the responsibility for it, and may learn nothing. This outcome, unfortunately, is far too common; the child stops taking care of the dog, and the parents pick up the slack. This only teaches the child that the parents will rescue him when life becomes harder than the chile likes. There are some things that a child should not be expected to handle, of course: scheduling and paying for veterinary care, and paying for food, for instance, may be more than he is able to handle at that age.
Yes. The child is not yet an adult so therfore the parents or legal guardian still has responsibility over him/her. When this child turns eighteen, it gains all responsibility for him/herself and then has the choice legally to move out of the house. Hope this helps!:)
The financial responsibility of a step parent for stepchildren over 18 years old depends on various factors such as legal obligations, custody arrangements, and individual circumstances. In general, step parents are not legally obligated to financially support stepchildren once they reach adulthood. However, some step parents may voluntarily choose to provide financial support if there is a close relationship or if it is agreed upon within the blended family.
All you need to do is contact the Family court in your state and obtain the necessary paper work. Keep in mind, signing your rights does not releave you from financial responsibility/child support.
Depends on if you live in a state where you can "sign over your rights." In some states/courts agreements between parents where one parent says "I relinquish my rights" is meaningless. However, adoption will typically relieve you of any future support obligation but all arrearage will remain (unless waived).
Once a child turns 18, they are considered a legal adult and parents are no longer obligated to provide financial support or make decisions on their behalf. However, parents may still have responsibilities if a court has ordered child support or if the child has a disability that requires ongoing care.