Spousal support payments can have a significant impact on taxes for both people involved. Understanding how California state laws affect spousal support can help you be more prepared for your financial responsibilities during and after a divorce. How spousal support...
Emancipation of a child marks a significant legal change. This impacts various responsibilities, including child support. Parents and children need to understand how this process affects ongoing child support obligations. Termination of child support When a child...
Divorce can bring many challenges, especially when it comes to financial matters. If you rely on the spousal support you receive to maintain your standard of living, the news that your ex-spouse is remarrying might raise concerns. Understanding its potential...
Spousal support, also known as alimony or maintenance, is a legal obligation in which one spouse provides financial support to the other spouse during or after a divorce or separation. The purpose of spousal support is to ensure that both spouses can maintain a...
Child support plays an important role in ensuring the well-being of children following the separation or divorce of their parents. However, life circumstances change for many reasons, which may affect the financial situation of a parent paying child support....
Job loss is a life event that affects various aspects of an individual's life, including familial responsibilities. According to the Office of Child Support Services, in 2022, child support payments collected in the U.S. totaled $30.5 billion. In California, where...
Divorce or separation becomes even more complex when you have a child with special needs. California child support laws ensure that both parents contribute to the child's financial needs. Families should keep key considerations in mind when negotiating a support...
California has clear guidelines and a specific formula for calculating child support payments. These laws ensure the well-being of children when parents separate or divorce. Understanding the child support calculation process can help you create a solid financial plan...
From license suspension to passport denial, it is crucial to understand the penalties you could face if you do not stay current on child support. In fact, you could even lose your federal tax refund if you fall behind on these obligations. The interception of your tax...
From the loss of your job to a sudden health crisis, financial hurdles could enter your life for countless reasons. Unfortunately, if you owe child support, these challenges could make it hard to stay caught up. Falling behind on your child support could lead to even...
