WebAug 6, 2013 · June, a 65-year-old widow, wants to add her 35-year-old son, Henry, to a $400,000 bank account in her name. June prefers to bypass her daughter, Matilda, since she sees Henry as more organized and ... WebTaking money from your children is generally legal, though there are some exceptions, such as if the child’s money is held in trust and you misuse the funds. And it’s …
Smart Ways to Gift Money to Children Family Finance U.S. News
WebMay 19, 2024 · There is no way your mom lived with two children on only $800/month, so something doesn't add up. But with that $800, you had a place to live, food, utilities, clothing, and transportation, which is what child support is supposed to help provide. Your mother had every right to keep that money to pay the bills. WebNov 9, 2016 · An account can be drained if the parent or child has unpaid debts. Siblings could be disinherited. Depending on the terms of the account, the money could go to the … trunk or treat wichita 2022
17 Surprising Signs Your Mom Is Toxic — And What To Do About It - Bustle
WebJun 7, 2024 · Hello there carlosacosta711, It is my goal to answer your tax quetions and make filing easier. To answer your first question your mother can still claim you as a dependent. When you file your own return you will just need to answer "Yes" to the question "Can anyone claim you as a dependent?" WebIt's quite obvious they have not given up other income, in fact our very lives and own futures that could be to our own detriment in the future, thus making someone else HAVE to take care of us if there is such a person for us. We charge rent because we need the money to take care of our parents. WebSo you are generally better off delaying the sale of the house. For example, if the private pay rate for the nursing home is $10,000 a month, but the state pays $7,000 a month for your mother’s care, then you ultimately save about $3,000 every month you … philippines status in economy