Tuesday, July 12, 2011

Virginia Child Support | Divorce in Virginia

Child support is money paid by one party of the divorce to the other in order to financially support children of either party in the divorce. It is recommended that you retain a lawyer from one of numerous state wide firms that specialize in child custody and child support.

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In Virginia, support is considered and awarded based on the ability of each party to provide support, any special needs of the child in question, any independent financial resources of the child, the standard of living of the child during the marriage and of course the overall best interests of the child. See also child custody laws in Virginia and Virginia divorce laws.

 

Income share model

The exact amount owed per child is generally calculated using the Income Share Model, but can be adjusted based the court’s ruling. The exact law is outlined in state statue Title 20-108. Once child support is set the monthly payments are enforced by the court with the help of the Department of Social Services, specifically by the Division of Child Support Enforcement. If child support goes unpaid, the Department of Social Services will work with the authority from the court to collect on the unpaid support due to the children.

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Financial Planning for Young People

I am giving a talk on Financial Planning to students in the Institute of Technical Education. The key points of the talk are:

  • Save 15% of your salary when you start work (in addition to CPF)
  • Keep your savings in a bank account (does not matter if you earn a low interest rate)
  • When you have sufficient money, invest in an ETF to get a good return over the long term
  • Avoid paying interest on loans and debts (except for housing loan)
  • When you buy a HDB flat, keep it within 5 years of income.
These points are explained in my book on Financial Planning.

TKL Campaign Website

Visit this website daily using either of these links:
www.tkl2011.com
www.tankinlian.com/president

Donation of the President's Salary

http://www.facebook.com/notes/tan-kin-lian/donation-of-the-presidents-salary/161923467213647

Child Support Interactive | Child Joint Custody

Once child support payment amounts are set by a court of law, both parents may use this service to: make payments, check the status of their case, change their address, request a payment history or request an income verification. The CSI service is part of the overall Child Support Program of the Office of the Attorney General.

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Child Support Program

The general Child Support Program can help parents with child support issues in many ways. It has services to help with: locating an absent parent, establishing paternity, establishing and enforcing child support orders, establishing and enforcing medical support orders, reviewing and adjusting support payments, and collecting and distributing payments.(Learn more about child support calculators and child support laws)

SPDR Straits Times Index ETF

The Street Tracks Straits Times Index ETF has been renamed as the SPDR Straits Times Index ETF on31 March 2011. Here is the performance of the fund since its inception, measured up to 29 January 2010.

Reach out to all Singaporeans

Media interview:



I wish to reach out to all people in Singapore, regardless of the party that they supported in the general election.

My chance of winning depends on the people of Singapore.But I have receiving good feedback ..... The people who support me come from all segments of Singapore society - the Chinese, Malays, Indians and the new citizens .... the older and the younger generation ...

To the younger people ... do contact me through my blog or facebook ....