Sentences with phrase «become irrevocable»

An option can become irrevocable for the agreed upon period of time (here, three years) if there is sufficient consideration.

This type of trust often will become irrevocable upon the death of the owners.

If action is not taken soon, Alan Milburn's Commission warns, this country's biggest weakness will become irrevocable and irremovable.

However, these options may bring additional cost and complexity, and your decisions could even become irrevocable, depending on the strategy.

Tensions between Sterling Cooper and its acquirer ultimately become irrevocable.

By the time one gets aware, the situation becomes irrevocable.

Levandowski technically has until June 15 to rectify those breaches before his termination becomes irrevocable, according to Yoo's letter.

Another device is to make a donation in the form of a trust which becomes irrevocable only in case of the death of the donor; in this case the parties concerned are made to sign a written document as proof of their consent.

Instead, the trust becomes irrevocable after the grantor dies, and the successor trustee appointed in the trust document distributes the property according to the terms of the trust.

A revocable living trust is a trust which holds your assets while you live and becomes irrevocable at your death.

Once money is transferred to the custodial account it becomes irrevocable, which means it can not be returned to the person who made the deposit.

When he was taken to New York to visit the Museum of Modern Art and saw Matisse's painting Piano Lesson, his decision became irrevocable, despite his mother's apparently irrational desire for him to become a diplomat.

«Key Mistakes When a Revocable Trust Becomes Irrevocable,» National Business Institute, February 2016

Manhattan Apartments, Inc. v. Matera (10 Misc.3 d 133A)-- small claims judgment in favor of broker affirmed; broker's responsibility was fully performed upon tenant's signing of lease agreement, at with point the earned commission became irrevocable; the fact that landlord ultimately agreed to relieve tenant of his leasehold obligations due to noise concerns had no bearing on broker's entitlement to recover the agreed upon brokerage fee; record contains no indications that broker / tenant agreement incorporated any condition that tenant was looking for a «quiet» apartment.

Not exact matches

«Mutual assured destruction, or mutually assured destruction (MAD), is a doctrine of military strategy and national security policy in which a full - scale use of high - yield weapons of mass destruction by two opposing sides would effectively result in the complete, utter and irrevocable annihilation of both the attacker and the defender becoming thus a war that has no victory nor any armistice but only effective reciprocal destruction.»

Dr Neil Clark Warren worked with couples for almost four decades and became aware that extreme differences could cause irrevocable splits between couples over time, no matter how strong their initial bond was.

With mobile devices an irrevocable part of kids» lives, guest blogger Tom Whitby suggests that teachers need to become mobile - savvy as well if they hope to adequately prepare their students for success in the 21st century.

With mobile devices, including cell phones, an irrevocable part of kids» lives, Whitby suggests that teachers need to become mobile - savvy as well if they hope to adequately prepare their students for success in the 21st century.

Because the gifts into these accounts are irrevocable, once transferred you will have no say into how the assets are used with the beneficiary becomes an adult.

The only time this process becomes complex is if you have irrevocable beneficiaries.

Laughable: UN Report: «Damage being caused by climate change... is no longer a matter of debate» — «The science has become more irrevocable than ever» — Sept. 24, 2009

See: Laughable: UN Report: «Damage being caused by climate change... is no longer a matter of debate» — «The science has become more irrevocable than ever» — Sept. 24, 2009 — Also, AP's Seth Borenstein delivered his usual pabulum on global warming, complete with extensive quotes from Corell.

A revocable designation allows the insured to change beneficiaries after the policy becomes in force, if he or she so chooses, without the consent of the beneficiary; While an irrevocable designation can not be changed in the future without the consent of the beneficiary.

If the policy is instead owned by an irrevocable trust as mentioned above, there is no inclusion in the gross estate, and there is an embedded mechanism via the trust language for continuation of the policy if the insured becomes incompetent.

To avoid this scenario and prevent your life insurance from becoming a personal asset, an irrevocable life insurance trust can be created to become the «Owner» and «Payer» of your life insurance policy.

To prevent your life insurance policy from becoming an asset, or part or your estate, it must be owned by an Irrevocable Life Insurance Trust.

The Buyer's offer to the Seller, immediately when signed by the Buyer becomes the property of the Seller (ie irrevocable date).