Are gifts included in divorce settlements?
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Are gifts included in divorce settlements?
In many cases, gifts from parents will not be subject to equitable distribution in divorce. While couples’ marital assets are subject to distribution, gifts will often qualify as separate property, and this means that they remain the sole property of the recipient spouse.
Is child support different from state to state?
Personal jurisdiction is a set of rules for determining whether or not a specific state court may hear a case involving certain specific persons. The law that helps courts decide which state will hear child support cases when parents live in different states is called the Uniform Interstate Family Support Act (UIFSA).
Why is child support based on income?
The child support income of both parents is used to calculate their child support assessment. A parent’s share of the parents’ combined child support income indicates the share of the costs of the child they are responsible to meet. This is an ‘income shares’ approach and treats both parents’ incomes in the same way.