No matter the circumstances of a breakup or dissolution, child support arrangements can be difficult for everybody. If you believe you will be ordered to pay child support, you likely have a lot of questions about where this figure will come from.
Each state is different, but these are a few factors involved in determining child support payments.
1. There Is Usually a Guideline
In some states, there is a set amount generally assigned to child support-paying parents.
Do you expect a divorce in your future? No matter who may initiate the proceedings, now is the time to gather key financial documents that you will need. The sooner you begin putting together your binder of important documents, the less stress you will have — especially if your spouse limits access later. So, what financial paperwork should you locate and organize? Here are a few of the most important things to get and why.
When a loved one has passed away, their estate must be dealt with. This means typically one person is appointed the executor or trustee of their estate and is now responsible for dividing up the existing assets to the beneficiaries.
For the most part, this is a straightforward act and usually no problems arise. However, there are times when the executor or trustee might be mishandling the funds from the estate and potentially stealing money or even selling off assets that don't belong to them.
Being charged with a criminal offense can be scary and stressful. Thus, it is not surprising that many people make some serious errors in this type of situation. It is important to remember that a person is innocent until proven guilty — how you react after being charged with a criminal offense can make a big difference in your outcome after you go to court. Taking the proper steps after being arrested and charged with a crime will improve the chances of a good outcome.
Abusive or frivolous lawsuits have the ability to cripple the finances of even large, well established businesses. The impact that these meritless lawsuits can have on a small to medium business is even more damaging. In fact, a single frivolous lawsuit has the ability to put many small business owners out of business completely. Thankfully, while you may not be able to stop an overly litigious individual from filing an abusive suit against you, there are steps that you can take to help minimize the impact this type of lawsuit will have on your business while also ensuring that your small business does not become an easy target for someone looking to cash in by filing a frivolous claim.