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The stronger version, the letter of comfort, indicates the parent organization's intention to support the subsidiary. [5] In the United States, there is a general presumption against the enforceability of letters of comfort. However, depending on the wording of the document, there may be legal liability under the rule of reliance. [6]
Child support includes the financial support of children and not other forms of support, such as emotional support, intellectual support, physical care, or spiritual support. When children live with both parents, courts rarely, if ever, direct the parents on how to provide financial support for their children.
In the United States, child support is the ongoing obligation for a periodic payment made directly or indirectly by an "obligor" (or paying parent or payer) to an "obligee" (or receiving party or recipient) for the financial care and support of children of a relationship or a (possibly terminated) marriage.
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The court may appoint a guardian for a minor if their parents are disabled or deceased or if the minor's parents cannot properly manage their child's safety and well-being. [12] If a non-parent is appointed as guardian, the court will determine how the parents' parental rights are impacted by the appointment (e.g., establishing visitation ...
1 child (married parents) €115.25 Annual income of parents up to €11,422.98: €250.48 Each child aged under 6 €271.66 2 or more children (married parents) €137.17 Annual income between €27,693.04 and €30,403.39: €38.73 Each child aged 6–11 €292.19 1 child (single parent) €191.92 Annual income above €43,962.05: No more ...
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Parents with younger children saw a significant drop-off in their reported financial well-being last year, according to an annual comprehensive study of American household finances released by the ...