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State-sponsored private pension schemes generally provide retirees with a lump sum, but do nothing to assist them with its conversion to an income stream. An optimal way to affect this conversion is to purchase a guaranteed term-certain annuity with part of the sum, while investing the remainder...
Persistent link: https://www.econbiz.de/10014190606
The basic formula for adjusting a child support award to account for visitation or shared parenting is relatively simple. The form of the equation does not depend upon one's views with regard to whether the adjustment should be made directly in relation to time children spend with each parent...
Persistent link: https://www.econbiz.de/10013017909
Child support formulae used in all states provide a rigid mathematical approach for calculating awards. But, do these formulae provide a hidden margin of spousal maintenance? A new equation for distinguishing between child support and spousal maintenance is presented in this paper. Analysis...
Persistent link: https://www.econbiz.de/10013017922
US federal welfare reform of the 1980s removed decisions on the amount of child support ordered from their common law foundation. Ostensibly for the purposes of consistency in the amounts ordered and reducing welfare dependency in single parent households, mandatory guidelines were established....
Persistent link: https://www.econbiz.de/10013017924