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Typically the obligor is a non-custodial parent. [citation needed] Typically the obligee is a custodial parent, caregiver or guardian, or a government agency, and does not have to spend the money on the child. In the U.S., there is no gender requirement for child support; for example, a father may pay a mother or a mother may pay a father.
For example, if an obligor pays child support to an obligee, this does not mean that the obligee is responsible for food, shelter, furniture, toiletries, clothes, toys or games, or any of the other child expenses directly associated with the child staying with the non-custodial parent or obligor.
According to one study 38% of Illinois "obligor" parents not paying child-support said they lacked the money to pay; 23% used non-payment to protest a lack of visitation rights; and 69% complained of no accountability over the spending of their child support money, while 13% said they did not want their child or children and 12% denied ...
Child custody, conservatorship and guardianship describe the legal and practical relationship between a parent and the parent's child, such as the right of the parent to make decisions for the child, and the parent's duty to care for the child. Custody issues typically arise in proceedings involving divorce, as well as in paternity, annulment ...
Here’s how custodial accounts work.
Having PRRs entitles a parent to take key decisions relating to the child, such as where they will live and go to school, and what medical treatment they should receive. In addition, parents have an obligation to provide financial support for their children under the Family Law (Scotland) Act 1985 (c 37) and the Child Support Act 1991 (c 38).
Sole custody, an arrangement whereby only one parent has physical custody of the child. The other non-custodial parent would typically have regular visitation rights. [5] Joint physical custody, a shared parenting arrangement where both parents have the child for approximately equal amounts of time, and where both are custodial parents. [5]
The Difference Between a Custodial Roth IRA vs. Traditional IRA. A custodial Roth IRA is managed by a parent or guardian on behalf of a child until they reach the age of majority, either 18 or 21 ...