You are getting ready to file for divorce. Your thoughts are all over the place, but you do have some very specific questions to which you need answers. Child support, for example, is one area in which you are not sure of how it works and what the state of Iowa says will be your responsibility.
Giving a child a loving and safe home through adoption is an amazing thing to do. Adopting does require quite a bit of work and time. When you take in a child in Iowa, there are certain requirements you must meet. One of them is ensuring your home is ready for a child. There are guidelines used in the foster system that apply if you are adopting from this system, which are explained by Four Oaks.
You may believe that by assigning someone to act as your personal agent to handle your financial affairs with power of attorney, you have safeguarded your financial future in the event you suffer incapacitation and cannot make decisions for yourself. However, it is possible that an Iowa bank or other financial institution may actually reject the person that acts on your behalf. How can this happen? According to Forbes, there are a number of reasons why.
The possibility of gaining a fresh financial start can make Chapter 7 bankruptcy attractive to Iowa residents looking for a way to climb out from underneath large financial debt. A person filing for Chapter 7 can successfully liquidate a number of debts, including credit card bills, medical bills and personal loans. However, according to the U.S. Courts website, there are some debts that, for various reasons, will not be discharged under Chapter 7.
It is important for all Iowa adults, especially those with children or heirs, to consider what will happen to their assets when they pass away. Adults can express their wishes through a last will and testament, or some other form of estate planning. However, should a person die without leaving behind any kind of a formal document that explains their post-death desires, that person is said to die intestate. In this case, Iowa courts will determine who inherits the deceased person's assets according to intestacy law.