Does the non custodial parent have to provide health insurance?
Does the non custodial parent have to provide health insurance?
Family law courts in all states will order parents to pay for the medical and dental expenses of their children. The most common court orders involving health insurance coverage include: Requiring non-custodial parents who are employed to maintain their children on their employer-provided health insurance plan.
Do both parents have to provide health insurance?
The California Family Code requires the family law judge to consider each parent’s health insurance coverage for the minor children. So long as the cost is reasonable, the court will order one or both parents to maintain health insurance for the children.
Should elderly parents put their house in my name?
Think about it, if your parents’ house is in your name, it is safe from the nursing home because it is not their asset. However, it is your asset, and, as such, is subject to any creditors or legal issues you may have. LOSS OF CONTROL: If your parents put your name on their house, they lose all control over it.
Can my elderly mother transfer her house to me?
Your parents can give their home to you as a tax-free gift if the transaction meets the Internal Revenue Service definition of a gift. Your parents must legally own the property and intend to give it to you as a gift. They must relinquish all rights and ownership of the house and retitle the house in your name.
Can I put my daughter on my house deeds?
Re: Adding daughter’s name to house deed It is doable. No stamp duty. For inheritance tax purposes it will not be seen as a gift with reservation (and therefore will qualify as a potentially exempt transfer, which is what you want!) provided that the daughter continues to live there with her mother.
Can I buy my parents house and let them live in it?
If your parents own their home without a mortgage, they do also have the option to gift it to you in its entirety, even if they still live in it. Doing this instead of selling it to you under market value would avoid any Stamp Duty Land Tax.
