Sentences with phrase «as key beneficiaries»

Furthermore the law will now allow terms of a Will to be corrected, in limited circumstances, where there is a mistake — such a as a key beneficiary's name being wrongly stated.

Not exact matches

Institutional investors will be the key beneficiaries of the Shenzhen - Hong Kong Stock Connect, as they leverage on the gap between share prices on the exchanges, experts said Monday.

Energy was a key beneficiary as the U.S. oil industry struck it rich with new technologies opening up once unavailable drilling opportunities.

Given the racing industry is a key beneficiary of the TAB profits, the funding model must be restructured as part of any privitisation.

When more money is printed, gold has traditionally been a beneficiary, for two key reasons: 1) If the money - printing is accompanied by economic growth, greater access to capital might boost demand for luxury items, including gold (the Love Trade); and 2) If the money - printing isn't accompanied by economic growth, inflationary pressures might prompt investors to increase their exposure to real assets, such as gold (the Fear Trade).

The death benefit to be received by the trust beneficiaries may be used to cover estate taxes OR PROVIDE FUNDS for business continuity succession planning AS A KEY PART OF family business succession planning.

Often the employer is the beneficiary of the policy and the policy typically is referred to as key person insurance.

Equity Key protects lender interests by having all participants sign a life insurance policy that names Equity Key as the beneficiary to their home.

Understanding the complexity of choices that face a retirement account beneficiary is key to satisfying IRS mandates, as well as maximizing the financial advantages of any inherited monies.

Now for lawyers care needs to be taken here as while there are certainly plenty of tasks that internal clients will pay for (doing deals, litigating etc), there are some jobs where the key beneficiaries may be the shareholders who won't have a notional budget to cross-charge.

This type of policy is a life insurance policy which is a purchased for primary executive or other key personnel in a company where the company is named as the beneficiary.

While you should always check with your tax professional, life insurance purchased on a key individual, with premiums paid by the business and the business named as beneficiary, can be a tax deductible expense for the business.

DO N'T Name Your Spouse As a Beneficiary: We have noticed others suggest naming a spouse for a key man life insurance policy.

As with all key man life insurance, if the business is making the loan, the proper thing to do is to name your business, not the lender, the primary policy beneficiary.

With both life insurance and key man life, there is a policy owner who makes premium payments to a life insurance company for the guarantee a specified amount of money, referred to as the death benefit, will be payable to the beneficiary.

All benefits received by the key employee or his or her beneficiaries are taxable as ordinary income.

Often the employer is the beneficiary of the policy and the policy typically is referred to as key person insurance.

Definition: Key Person Insurance is any type of life insurance that is purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiaKey Person Insurance is any type of life insurance that is purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiakey person or persons, with the organization listed as the beneficiary.

Definition: Key Person Insurance is life insurance purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiaKey Person Insurance is life insurance purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiakey person or persons, with the organization listed as the beneficiary.