Sentences with phrase «benefiting under a trust»

Not exact matches

On the opposite side, real estate investment trusts, energy, autos, pharma and biotech, semiconductors, and software and services would benefit the least, as those sectors have effective rates under 20 percent.

The shares now sit in an irrevocable trust for the benefit of Redstone's grandchildren, but still under his control.

A limited purpose trust company established under the laws of Delaware, it provides a number of benefits unique to Delaware.

On April 12, 2018, the Appeal Court disagreed with the Human Rights Board of Inquiry's decision that denial of coverage for the medical marijuana under his health benefits plan was discriminatory in Canadian Elevator Industry Welfare Trust Fund v. Skinner.

Notwith - standing such division into shares, each share shall not constitute a separate trust, but rather, the entire trust estate provided for under this Article SEVENTH shall be held as one trust for the benefit of both organizations.

Sen. Terrence Murphy, whose 2014 Democratic opponent benefitted from contributions directed by the mayor that are now under investigation, invoked the many investigations swirling around the de Blasio administration to ask why he should trust the mayor with control of the city's schools.

Discover the Many Benefits Under the guidance of a certified instructor, yoga classes for kids focus on building upon each child's strengths while helping them ease stress and bolster self - esteem, cooperation, self - trust, and reverence for one's inner world.

Kids And Yoga: Discover the Many Benefits Under the guidance of a certified instructor, yoga classes for kids focus on building upon each child's strengths while helping them ease stress and bolster self - esteem, cooperation, self - trust, and reverence for one's inner world.

The Children's Trust is by statute (Section 125.901 (2)(a)(3)-RRB- required to allocate and provide funds for other agencies in the county which are operated for the benefit of children, provided they are not under the exclusive jurisdiction of the public school system.

A self - managed super fund (SMSF) can pay benefits in the form of a lump sum, an income stream (pension) or a combination of both, provided the payment is allowed under super law and the fund's trust deed.

Under IRC Section 2035, the death benefit of a life insurance policy can still be included in the owner's estate for three years if the policy is gifted to an Irrevocable Life Insurance Trust (ILIT).

More retirement plans may get the benefits of collective investment trusts (CITs) under a new Internal Revenue Service (IRS) ruling.

If you work but also receive some benefit income, the amount you pay under the trust deed can not be more than the amount you earn each month.

Thanks for the info CC, what I meant though was in regards to depositing the Canada Child Tax Benefit or Universal Child Care Benefit payments into a bank account or trust account in my child's name (since the TFSAs will not be available to them as they are under 18 years).

A trust is an arrangement under which a trustee holds property for the benefit of one or more beneficiaries.

A trust is a legal arrangement under which one person, the trustee, controls property given by another person, the trustor, for the benefit of a third person, the beneficiary.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

If we, or the suppliers identified on your ATOL certificate, are unable to provide the services listed (or a suitable alternative, through an alternative ATOL holder or otherwise) for reasons of insolvency, the Trustees of the Air Travel Trust may make a payment to (or confer a benefit on) you under the ATOL scheme.

Choice 1: How much money do we want to spend today on reducing carbon dioxide emission without having a reasonable idea of: a) how much climate will change under business as usual, b) what the impacts of those changes will be, c) the cost of those impacts, d) how much it will cost to significantly change the future, e) whether that cost will exceed the benefits of reducing climate change, f) whether we can trust the scientists charged with developing answers to these questions, who have abandoned the ethic of telling the truth, the whole truth and nothing but, with all the doubts, caveats, ifs, ands and buts; and who instead seek lots of publicity by telling scary stories, making simplified dramatic statements and making little mention of their doubts, g) whether other countries will negate our efforts, h) the meaning of the word hubris, when we think we are wise enough to predict what society will need a half - century or more in the future?

Due to the benefits that the mediation process has yielded, Rule 24.1 of the Rules of Civil Procedure enforces mandatory mediation in Toronto, Windsor, and Ottawa in certain civil actions, in addition to contested estates, trusts, and substitute decision matters under Rule 75.1.

Within days, two payments were made to Mrs Arnup: # 129,600 under the employer's death in service benefit scheme; and # 100,000 from a trust fund set up by the employer.

Under its former owner Sir David Murray's Murray Group Management, it gave more than 80 employees more than # 47m worth of tax - free loans from off - shore trusts known as Employee Benefit Trusts between 2001 andtrusts known as Employee Benefit Trusts between 2001 andTrusts between 2001 and 2010.

It is to be hoped that the rethink will (assuming it is implemented) bring the provisions which tax non-domiciled UK residents who receive benefits from offshore trusts (contained in Taxation of Chargeable Gains Act 1992 (TCGA 1992), s 87) more closely into line with the proposed changes to the rules which charge settlors who are able to benefit under their settlements.

(3) The insurer shall hold in trust any amounts payable as an income replacement benefit, a non-earner benefit or a benefit under section 21, 22 or 23 to a person who sustains an impairment as a result of an accident if,

Skinner then applied for coverage under both his employee benefits plan, administered by the Board of Trustees of the Canadian Elevator Industry Welfare Trust Fund (the «Trustees»), as well as workers» compensation.

Aside from the inapplicability of federal paramountcy, an additional problem is that the provincial PPSAs and pension benefits legislation are not identical in their treatment of deemed trusts in relation to security interests arising under the PPSAs.

With regard to the deemed trust, the Court was split but it upheld the finding of the Ontario Court of Appeal that a deemed trust had arisen under the Pension Benefits Act, RSP 1990, c P - 8 («PBA») in favour of the pension holders for the wind - up deficiency payments.

Permission to extract groundwater under the public trust doctrine, for example, might be granted based on the ability to show public benefit for any proposed extraction.

the insurer shall hold in trust any amounts payable under an income replacement benefit, a non-earner benefit or a benefit under section 20, 21 or 22 until the charge is finally disposed of, at which time the amounts and any income on the amounts,

Under the EU Emergency Trust Fund for Africa, The Gambia will benefit from a contribution of EUR 11 million aimed at increasing job opportunities for youth.

Under Rule 1.15 of the Arkansas Model Rules of Professional Conduct, lawyers who receive, maintain, or disburse client trust funds are required to maintain those funds in interest - bearing accounts at approved financial institutions, either for the benefit of the individual client or the Arkansas Access to Justice Foundation.

As Benefits Canada explains, the court held that the federal statute took precedence over the provincial statute, ruling that «the deemed trust that gives priority to pension claims under Newfoundland and Labrador's Pension Benefits Act wasn't effective in a liquidation scenario in a [CCAA] proceeding.»

The special commissioner found that the whole purpose of the gifts with reservation scheme would be defeated if s 102 was construed that the interest of any settlor under a discretionary trust created by the settlor did not constitute a reservation of benefit.

The entire amount that an employer is required to contribute to fund a pension plan wind up deficiency under the Ontario Pension Benefits Act is subject to the deemed trust provisions of the PBA and, in the circumstances, the amount subject to the deemed trust should be paid in priority to outstanding secured creditor claims.

A «benefits plan» is defined under s. 1 (1) of the RSTA as a funded benefits plan, an unfunded benefits plan or a qualifying trust.

Instead, you should set up a trust to benefit the child and name the trust as the beneficiary of the policy, or name an adult custodian for the life insurance proceeds under the Uniform Transfers to Minor Act (UTMA).

A beneficiary is an individual, institution, trustee, or estate which receives, or may become eligible to receive, benefits under a will, insurance policy, retirement plan, trust, annuity, or other contract.

Instead, it's best to set - up a trust to benefit the child and name the trust as the beneficiary of the policy, or name an adult custodian for the life insurance proceeds under the Uniform Transfers to Minor Act.

Under IRC Section 2035, the death benefit of a life insurance policy can still be included in the owner's estate for three years if the policy is gifted to an Irrevocable Life Insurance Trust (ILIT).

There are some benefits such as the convenience of not having to take a medical exam on the group plan for coverage amounts under $ 300k and a nice feature that the NEA Insurance Trust will pay your life insurance premium for up to a year if you become unemployed.

Any funds donated to the dedicated Haiti fund under the Trusted Choice ® Disaster Relief Fund in excess of the matched funds allocated will still go to benefit those in need in Haiti, just without a matching grant from the Trusted Choice ® Disaster Relief Fund.

It applies to non-charitable funds established under a will or instrument of trust solely for: the purpose of providing money, property or benefits to income tax exempt deductible gift recipients (DGRs), or the establishment of DGRs.

[159] In the 1980s, the Government created a new form of tenure called «deeds of grant in trust» (DOGITs), under which a number of other reserves were transferred to local Indigenous councils for the benefit of Indigenous inhabitants.

Charitable Lead Trust: A trust established for the benefit of a charitable organization under which the charitable organization receives income from an asset for a set number of years or for the trustor's lifeTrust: A trust established for the benefit of a charitable organization under which the charitable organization receives income from an asset for a set number of years or for the trustor's lifetrust established for the benefit of a charitable organization under which the charitable organization receives income from an asset for a set number of years or for the trustor's lifetime.

Charitable Remainder Trust: A trust established for the benefit of a charitable organization under which the trustor receives income from an asset for a set number of years or for the trustor's lifeTrust: A trust established for the benefit of a charitable organization under which the trustor receives income from an asset for a set number of years or for the trustor's lifetrust established for the benefit of a charitable organization under which the trustor receives income from an asset for a set number of years or for the trustor's lifetime.