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Can a parent add a son or daughter to their reverse mortgage when one parent passes away and son or daughter is not quite 62 yrs old?
Typically, to be eligible to be added to a reverse mortgage, the son or daughter would need to meet the age requirement. If they are not yet 62 years old, it may not be possible to add them to the reverse mortgage. It would be best to consult with the reverse mortgage lender or a financial advisor to explore available options.
What is meant by the term 'the golden years'?
The term 'the golden years' typically refers to the period of life after retirement when a person is able to enjoy the fruits of their labor, relax, and pursue activities that bring them joy and fulfillment. It is a time of freedom and leisure after years of hard work and responsibility.
Should a 90 year old purchase an annuity?
It depends on the individual’s financial goals and circumstances. An annuity can provide guaranteed income for life, which may be beneficial for someone who wants financial security in their later years. However, the decision should be made considering factors such as health, current financial situation, and personal preferences. Consulting with a financial advisor is recommended to determine if an annuity is the right choice.
What can you do with an elderly parent who you can't take care of anymore?
If at all possible, include your parent in the planning and decision-making; it is their life, not yours. Talk to your Area Agency on Aging or other Senior services agencies. See if you can get Home Care. Ask about temporary Respite Care so you can get a break. Discuss placement in a Nursing Home, IF your parent is willing. Ask about Assisted Living locations. None of these can occur immediately. There may be waiting lists. But with the right planning, you can have hope that your parent will be safe and happy for their remaining years.
My mother has advanced alzheimer's, I have been her caregiver for four years. I have in the past worked full time and used respite care. This is no longer and option. she is not eligible for any government programs or caregivers. Is there any way ?
to access financial assistance for caregiving? It may be helpful to explore other potential sources of financial assistance for caregiving. Consider reaching out to local non-profit organizations, community-based services, or support groups that specialize in Alzheimer's care. They may have resources or knowledge about financial assistance options specific to your region. Additionally, you may want to consult with a financial advisor or an elder law attorney who can provide guidance on other potential avenues for financial support.
Can a parent dissolve responsibility of a sixteen year old?
The parent has full control of a child until 18 years of age.
If you are required to show proof of financial responsibility for the future how many years must such proof proof be kept up?
When required to maintain proof of financial responsibility, this proof must remain on file for two years.
Over the years presidents have assumed more responsibility for this financial plan?
national budget
If you are required to show proof of financial responsibility for the futur for how many years must the proof be kept?
For two years
If are required to show proof of financial responsibility for the future for how many years must the proof be kept?
For two years
In Texas if you are required to show proof of financial responsibility for the future how many years must such proof be kept up?
You are required to show proof of financial responsibility for the future when you immigrate.You must maintain such proof for ten years.
What are the requirements for one to become a foster parent in the state of Michigan?
Individuals wanting to become a foster parent in the state of Michigan have to be at least 18 years old, be of strong moral character, be willing to work with the child in hopes of eventually reuniting him or her with his or her family, make a certain amount of income, and demonstrate financial responsibility.
You are 17 years old married and have two children are you legally emancipated in PA?
In virtually all states, marriage emacipates a minor from his/her parent's supervision and responsibility. In virtually all states, marriage emacipates a minor from his/her parent's supervision and responsibility.
Can a 15 year old move out with parental consent in Texas?
No. The age of consent is 18 and at 15 years old they are a minor and still the responsibility of the parent.
Is a parent legally responsible for a child who is 20 years old that lives at home in South Carolina?
No, he has not been a child and your responsibility since he turned 18.
What are your responsibilities if you claim to be the father of a child who is not yours?
It means you are accepting financial responsibility for the child at least until that child is eighteen years of age.
If a 17-year old moves out of her house and in with her boyfriend does non-custodial parent still have to pay child support?
A non-custodial parent is responsible to pay child support whether or not the custodial parent has a boyfriend or a husband or not. This responsibility continues until the child reaches the age of 18 years unless the child dies or the court takes some action to end that responsibility.
