Sentences with phrase «as grantors»

For example, if you are transferring your interest in a property to your husband, both you and your husband would be listed as Grantors on a Quitclaim Deed, and your husband would be listed as the Grantee.

If you plan to use a Quitclaim Deed to transfer property to your husband or wife, and both of your names are on the property's title, ensure that you are both listed as Grantors.

Pension plans have employers as grantors, employees as beneficiaries, and (usually) a third party as trustee.

Besides, under the «Targeted Lendület Research» grant scheme, the MTA and the company (as grantors) on the one hand, and the research unit acting as host institution — alternatively, the MTA TKI in the case of a university - based research group --(as grantee (s)-RRB- on the other hand, shall conclude an agreement with each other, laying down the detailed rules concerning the use of the grant amounts as well as the possibilities of transferring any intellectual property rights related to the results of the activities supported by the grant.

SolidX Bitcoin Trust, a proposal by SolidX Management LLC, a subsidiary of blockchain technology company SolidX Partners Inc., is also structured as a grantor trust.

• the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that the Sponsor determines that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;

These shares do not include 1,213,435 shares, valued at approximately $ 247,856,233 on March 20, 2015, that Mr. Pearson, as the grantor, previously contributed to the J. Michael Pearson grantor retained annuity trust, for which he is not the trustee and in which he has no pecuniary interest; however, the shares in this trust remain subject to the same selling restrictions as applicable to Mr. Pearson.

the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;

grantors, shall not require that the County Executive or the Deputy County Executive have their signature notarized, unless there is a requirement imposed by a third party such as a grantor for notarization, or if a contract is required to be filed with the Erie County Clerk's Office; and it is

Further ordered that County contracts between the County and its vendors, guarantees or grantors, shall not require that the County Executive or the Deputy County Executive have their signature notarized, unless there is a requirement imposed by a third party such as a grantor for notarization, or if a contract is required to be filed with the Erie County Clerk's Office; and it is

The ILIT should be drafted as a grantor trust, which allows the sale to skirt both the three - year rule and any transfer for value issues.

The income taxes decrease the grantor's estate, and, because the taxes are on income treated as the grantor's for income tax purposes, they are not treated as gifts for Federal gift tax purposes.

Another key distinction for CRATs, CLATs and CRUTs, CLUTs, is whether the trust will be treated as a grantor or non-grantor trusts.

All powers of attorney involve two parties: the person granting the authority, known as the grantor or principal, and the person who is given the power to act, known as the agent or attorney - in - fact.

As a grantor, you also have the ability to control when and under what terms the assets are distributed.

The ILIT should be drafted as a grantor trust, which allows the sale to skirt both the three - year rule and any transfer for value issues.

A Florida quitclaim deed typically must include at least a description of the property, your name as grantor and address, your ex-spouse's name as grantee and address, your signature with your name printed underneath, signatures of two witnesses with their names printed underneath and an acknowledgement by a notary.

Amendments should provide that the Federal Court should rely on the first respondent, being the State Government, to represent all respondent interests whose interests are gained from a grant of rights from the State... The State under legislation manages for example the Fishery or the Mineral resources for the public generally and as such, the State as the grantor of such interests is best placed to represent all persons holding such interests in the native title context.

Not exact matches

«One potential issue with a grantor trust structure [for a bitcoin ETF] is that assets within a grantor trust structure have historically had to be physical assets as well as homogenized.

The Winklevoss twins propose to structure their bitcoin ETF as a «grantor trust.»

The Trust is classified as a «grantor trust» for US federal income tax purposes.

Another fee is grantor tax, which can be calculated as 0.1 % or $ 0.50 / $ 500, whichever is greater.

Retired Senior Volunteer Program: Seniors concludes the Trump 2018 Budget Blueprint would eliminate all funding for the Corporation for National and Community Service, which is the grantor for the very popular Retired Senior Volunteer Program (herein referred to as «RSVP»).

[A] mounts paid or allowed to, or on behalf of, an individual to enable him to pursue studies or research are considered to be amounts received as a scholarship or fellowship grant for the purpose of section 117 if the primary purpose of the studies or research is to further the education and training of the recipient in his individual capacity and the amount provided by the grantor for such purpose does not represent compensation or payment for the services described in subparagraph (1) of this paragraph.

Neither the fact that the recipient is required to furnish reports of his progress to the grantor, nor the fact that the results of his studies or research may be of some incidental benefits to the grantor shall, of itself, be considered to destroy the essential character of such amount as a scholarship or fellowship grant.

A requirement that the recipient pursue studies, research, or activities primarily for the benefit of the grantor is treated as a requirement to perform services.

There is no such thing as a stock narrative to have on file, each appeal is unique and designed to meet the need of the grantor.

Grant funds account for monies that have restrictions on their use imposed by grantors such as federal and state governments.

Revocable trusts, sometimes referred to as revocable living trusts, living trusts, or inter vivos trusts, refers to trusts that the grantor can amend at any time.

This person can also be referred to as an option grantor or option seller.

Potential credit grantors may regard such inquiries on your behalf as an indication of financial instability.

A Security Freeze will put your credit file «on ice» by preventing the information in your credit file from being reported to third parties, such as credit grantors and other companies.

A credit inquiry occurs when a potential credit grantor, potential employer, rental housing agency, or other entity with a «permissible purpose» (as defined by the Fair Credit Reporting Act) requests access to your credit report.

Credit bureaus, or credit reporting agencies, collect information about consumers» financial affairs and sell the information to their clients, such as credit grantors, employers, and insurance companies.

These agencies obtain information from various sources, including loan applications; public records which provide information related to such matters as bankruptcy, court judgments, and conditional sales contracts; and from credit grantors and collection agencies who provide credit files on a monthly basis.

The decision as to whether or not to grant credit to an applicant is made by the credit grantor, not the credit bureau.

Grantors only see credit inquiries generated by other grantors as a result of an application of some kind, while consumers see all listed inquiries including prescreened and direct marketing offers, as well as employment inGrantors only see credit inquiries generated by other grantors as a result of an application of some kind, while consumers see all listed inquiries including prescreened and direct marketing offers, as well as employment ingrantors as a result of an application of some kind, while consumers see all listed inquiries including prescreened and direct marketing offers, as well as employment inquiries.

The credit grantor who supplied the information is contacted and asked to review the information and report back; they will tell the credit reporting agency that the information is accurate as it appears, or they will update the report.

If you wish to have your name permanently removed as an authorized user on an account, you will need to notify the credit grantor.

As icing on the cake, an IDGT may be set up so that the grantor authorizes the use of trust income to pay life insurance premiums on the grantor's or the grantor's spouse's life.

A deed which conveys not only all the grantor's interests in and title to the property to the grantee, but also warrants that if the title is defective or has a «cloud» on it (such as mortgage claims, tax liens, title claims, judgments, or mechanic's liens against it) the grantee may hold the grantor liable.

Such a deed makes no warranties as to the title, but simply transfers to the buyer whatever interest the grantor has.

A family living trust (typically husband and wife) or a joint trust with two grantors can be used to shift assets between the spouses upon death as a way to most effectively use the deceased spouse's exemption amount.

Transfers to a revocable (or grantor) trust, which acts as the agent of the same individual, are not taxable nor reportable.

Charge or receive any money or other valuable consideration solely for referral of the consumer to a retail seller or to any other credit grantor who will or may extend to the consumer, if the credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public;

Inquiries related to pre-approved offers, as well as your own inquiries, are not available to credit grantors.

(2) Charge or receive any money or other valuable consideration solely for referral of the buyer to a retail seller or to any other credit grantor, who will or may extend credit to the buyer if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public;

If they're minors (under age 18), you should probably establish grantor trusts for each of them and name the trusts as the beneficiaries.

As you know, a charge off account is not healthy for your credit, by removing this negative remark, your credit score boost up and your credit look better for credit grantors.

In order to obtain credit, one has to apply for it through a credit grantor, such as a credit card company.