Couple Separate Filing is a tax status used by married couples who choose to file their income, benefits, and deductions on separate tax returns.
Some couples may benefit from filing separately, especially if one of the spouses has significant medical expenses or various itemized deductions.
However, filing separate reports potentially means that you will not be able to take advantage of certain tax benefits offered exclusively to joint applicants.
The Uniform Law on Prenuptial and Spousal Agreements is a law passed in several states to determine when and how prenuptial agreements must be enforced.
The Family and Sick Leave Act (FMLA) is a labor law of 1993 that protects the workplace of employees who need to take leave for personal or family reasons.
Unemployment income is temporarily paid by the state to the unemployed who have lost their jobs due to dismissal or for other reasons through no fault of their own.
The Uniform Gifts to Minors Act (UGMA) provides a way to transfer financial assets to a minor without the time-consuming and costly establishment of a formal trust.
The Unsatisfied Judgment Fund is an amount of money set aside by some states to cover the unreimbursed costs of injuries sustained in motor vehicle accidents where the responsible driver is unable to pay the damages.