Yes they do
Life insurance proceeds are received income tax free; how the money is taxed afterwards depends upon how and where it is invested.
A(n) _?_ is a plan that enables workers and their spouses to set aside money for retirement
From stockholder's equity which is the money the corporation's stockholders invest.
From stockholder's equity which is the money the corporation's stockholders invest.
A share money deposit is a part of equity. These are considered equity shares, and are long-term profit-invested deposits geared toward to stockholders of a company.
No. A gift is a gift.
Spouses are not responsible for their spouses' children. However, the State can and will place liens on assets to collect child support, so the spouse could end up losing money if s/he is a joint owner of those assets.See links below
no if they die the money they are owed will be taken out there bank account the remaning will be given out according to there will
Life insurance proceeds are received income tax free; how the money is taxed afterwards depends upon how and where it is invested.
Spouses are not responsible for their spouse's child(ren). However, the State may take tax refunds bank accounts to collect arrears, and you will have to prove how much, if any, of that money belongs to you. see links below
not sure as it depends on the terms in the will and your personal circumstances. The law is fixed and cannot bend to the nuances of individual situations. If you are the parent of the deceased spouses children and still need to care for them then i suppose if money does come to you then it should be used to care for your children. However, if you do not have children by your spouse an dhave remarried then morally you should not accept any money but give it back to the blood relatives or your spouses children ( by a previous marriage). So the actual law may say one thing but moral law and honour could require another course of action. It is down to your conscience....even if you do get money from your spouses family, you do not have to keep it.
You probably can, but why would you? You'd be losing money. Both of you would have to pay for lawyers, and then they'd take a percentage of the money your spouse pays to you. It's not that smart of a move, but you probably could if you wanted to. I disagree with the previous person's answer above. It depends on what state you live in. Some states have inter-spousal immunity which prevents spouses from suing each other in personal injury. In states where spouses are entitled to sue each other, then it does make sense to sue your spouse especially if there is a serious injury. Neither spouse would have to pay any money to hire an attorney. If the negligent spouse had insurance than his/her attorneys would be provided by the insurance companies and the injured/suing spouse would hire an attorney on a contingent basis (no fees or costs unless he/she wins the case and then they are taken out of the settlement at the end of the case). If the negligent spouse is uninsured then in that scenario it would not make sense to sue.
A(n) _?_ is a plan that enables workers and their spouses to set aside money for retirement
A(n) _?_ is a plan that enables workers and their spouses to set aside money for retirement
Most assets acquired during a marriage in California are considered shared property between you and your spouse, but inheritance is an exception. If you receive inheritance while you are married, your spouse does not have any right to that money as long as you keep it separate from your spouse and your shared property.
From stockholder's equity which is the money the corporation's stockholders invest.
Equity or Owner's Equity.