Is the non custodial parent responsible for medical bills?
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Is the non custodial parent responsible for medical bills?
In some states, the non-custodial parent is responsible for uninsured medical expenses that exceed either a set amount or his or her support obligation, while in other states, parents are required to split the cost of uninsured medical expenses based on their respective monthly incomes.
What does unreimbursed medical expenses mean?
Unreimbursed medical expenses means the cost of medical expenses not otherwise paid for by insurance or some other third party, including medical and hospital insurance premiums, co-payments, and deductibles; Medicare A and B premiums; prescription medications; dental care; vision care; and nursing care provided at …
Are copays considered unreimbursed medical expenses?
In addition to doctor’s copayments, you may include health insurance premiums and health maintenance plan fees as part of your unreimbursed medical expenses. Copays for acupuncture, visits to a chiropractor or your dentist may be counted, along with medical tests your doctor orders that you must pay for.
Who pays medical bills in divorce?
Medical bills are a form of community debt and it can be divided equally in a divorce because of California’s equitable divorce laws. Even if one parent primarily paid for a child’s medical bills with their income, both parents are responsible for the bills.
What do you do if you inherit money?
What to Do With a Large Inheritance
- Think Before You Spend.
- Pay Off Debts, Don’t Incur Them.
- Make Investing a Priority.
- Splurge Thoughtfully.
- Leave Something for Your Heirs or Charity.
- Don’t Rush to Switch Financial Advisors.
- The Bottom Line.
Do I have to report inheritance on my tax return?
You won’t have to report your inheritance on your state or federal income tax return because an inheritance is not considered taxable income. But the type of property you inherit might come with some built-in income tax consequences.
How much money can you have in the bank with Social Security disability?
It means that a person’s “resources,” or assets, are taken into consideration. Currently, to receive SSI (after being determined to be medically disabled according to the SSA’s rules), an individual cannot have more than $2,000 in countable assets.
How much money can you inherit before it affects your benefits?
Whatever the reason, once you or your partner’s savings reach £6,000, they will affect your benefits. If you try to reduce your savings by giving money to your children or grandchildren, the DWP may still consider this money as part of your savings.
Can you own a house on SSI?
Social Security does not prohibit an individual from using their disability benefits to buy a house. SSI disability beneficiaries can own the home and land they live on, but other property will be counted as an asset. And to receive SSI, you can’t have over $2,000 in assets (or $3,000 if you’re married).
