There are many married couples who own a business together. They have spent countless hours devoting their time and money into making the entity thrive. The income generated by the business is something that they both rely upon to meet their financial obligations.
Not all of the people in California and throughout the country who are owed child support are paid the full amount. According to the U.S. Census Bureau, around $10.4 billion of the $32.9 billion owed in 2013 went unpaid.
People in California who are recently divorced may have concerns about tax issues because single people and married couples are treated differently by tax law. In addition, certain aspects of property division after divorce can have tax consequences for one or both parties. This is particularly true of child support.
According to census data, parents in California and other states who fulfill custodial roles often rely heavily on child support payments from noncustodial parents. Alternate forms of assistance include forms of aid such as clothing, food and medical expense coverage. More than 61 percent of custodial parents received one or more types of non-cash assistance in 2013.
If ending your marriage seems like a real possibility, you probably have questions about what you need to do. Most people do not simply file for divorce without planning, so you need to be sure that you know some of the basic steps that you should take at this time.
Physical abuse may be an issue for a California couple as it was for Sarah Palin's 26-year-old son Track and his girlfriend in January. The incident occurred during a drunken argument between the two, and he was arrested that night. He has been in other alcohol-fueled fights, such as a brawl at a party in 2014 that left him with broken ribs.