Sentences with phrase «after the personal assets of»

A court is more likely to pierce the corporate veil and allow an aggrieved party to go after the personal assets of an owner if the legal entity is not being properly maintained, such as having annual shareholders and board of directors meetings.

Not exact matches

As I wrote in my Personal Capital review after sitting down with CEO Bill Harris for 1.5 hours, I think the business model of leveraging technology to gather and manage assets is a no brainer.

Entrepreneur writer Diana Ransom suggests that if «you've personally guaranteed any of your business's debt — meaning, if a creditor or supplier can come after your personal assets if you default — make sure paying off those debts becomes a high priority as well.»

This is especially important if you are married, have children, a business, or have a lot of personal assets... you are protecting those things and making sure your wishes are met after your passing.

If such an appointment is not made, it is likely that the personal representative of the original subscriber will, after the death of the original subscriber, have to terminate the RESP in order to obtain the portion of the RESP assets that belong to the estate of the original subscriber, and the goal of the original subscriber will be frustrated.

They do not allow the lender the additional remedy of going after the borrower's personal assets if the sale of the home does not satisfy the mortgage.

Then, after we gather the details of your personal financial information, we analyze your asset structure, ownership, performance, tax situation and estate plan.

Where the damages awarded after a long trial are modest, it is possible for the adverse cost award to exceed the amount of damages, meaning that the plaintiff's personal assets are at risk.

After all, at this point, you've decided what's happening to all your personal assets and what sort of care you'll accept in the hospital.

Your financial resources consist of any existing insurance policies, business and personal assets, pensions and annuities, and business income after subtracting your debts for outstanding mortgages, loans, living expenses and personal obligations to families and friends.

These lenders not only can come after your grandchildren's personal assets — if they default on these loans because of unemployment or their inability to negotiate lower payments — but they can also sue their parents if they've cosigned the loan.

This summer, nearly $ 200 million of his personal assets were frozen by a court in his home country, and just last week Jia was placed on a nationwide «debtor blacklist» in China after defaulting on a $ 72 million debt that he owes to a Chinese securities group.

Separate property includes an inheritance to one spouse during the marriage; property acquired by a partner before the marriage; passive income and appreciation acquired from separate property during the marriage; property acquired by one spouse after a decree of legal separation; property excluded from the couple's marital property by a premarital agreement; a spouse's personal injury compensation, except for loss of earnings during the marriage and compensation for expenses paid from marital assets; and any gift given to only one spouse.

Data released recently by the International Assets Advisory Corp. indicates that the United States is first among nations in the number of personal computers and the number of Internet hosts, but, comes in second in terms of telephone mainlines (to Switzerland) and Internet penetration (after Canada).

Fortunately for California homeowners, our state has enacted anti-deficiency legislation that prevents lenders from holding a homeowner personally liable and going after his or her personal or other assets if the proceeds from a foreclosure or short sale are not enough to cover the amount of the home loan.