Sentences with phrase «bequests for»

The National Association also may accept gifts and bequests for specific purposes, provided such purposes shall have the approval of the Board of Directors, in which case such gifts or bequests shall be used only for the purposes and in the manner specified by the donor.

«The recent case of Illot in relation to the Inheritance Act, rightly highlighted that charities depend heavily on testamentary bequests for their work and as such do not have to justify need in Inheritance claims.

Our animal welfare and community service programs are supported by contributions, grants and bequests for program continuation and operational expansion.

This strategy could also prove extremely worthwhile even for older investors entering retirement, who may be much more certain they want to carve out a tax - free bequest for heirs.

An unrestricted bequest for general purposes: I hereby give, devise, and bequeath to Cornell University, an educational corporation in Ithaca, New York, for the benefit of Maddie's ® Shelter Medicine Program at Cornell -LCB-....

Record $ 9 million bequest for National Museum of Women in the Arts Washington D.C.'s National Museum of Women in the Arts has received a bequest of $ 9 million — the largest individual gift in the institution's 30 - year history — from the estate of California business woman Madeleine Rast, it was announced yesterday.

In 2000 his work Cube, Sphere, Pyramid was purchased by the Chantrey Bequest for the nation.

As has been reported in The New York Times, the Associated Press, and on NewsCenter Now TV, 100 - year old philanthropist Kathryn Wasserman Davis has given Scenic Hudson a $ 20 million bequest for buying land and creating parks along the Hudson.

Bequest for services.

If you receive cash or other property as a bequest for services you performed while the decedent was alive, the value is taxable compensation.

You may choose to leave a bequest for the general purposes of Anglicare Victoria's work.

Not exact matches

It's not unusual for family, friends and neighbors who have access to the home to help themselves, he said — especially if you made verbal bequests or have personal possessions that could trigger infighting.

There's also «bequest value,» the benefits associated with leaving a resource for future generations.

If you have postponed or dismissed the need for estate planning, consider the tax consequences for unsheltered bequests.

For more than seven months, Sumner Redstone, now 93 and barely able to speak, has asserted (through lawyers and PR teams) that he remains mentally competent — sharp enough to change his health care agent, to erase a $ 70 million bequest to an ex-girlfriend from his will, and, most important, to remain in control of Viacom (VIAB) and CBS (CBS), the jewels in his $ 42 - billion media empire.

The chances are that the bequest is big enough to cater for the basics purely from the government bond portion.

A bequest is eligible for a tax receipt that can be used against your estate's taxable income in the year of death as well as the previous year.

Planning a bequest allows you to prepare for the future while leaving your current finances intact.

You specify a bequest following the death of certain other beneficiaries who have use of the assets in your estate for their lifetime.

Nothing particularly noteworthy here, except, perhaps, for the types of projects the dean used the bequest to launch.

These traditions are officially recognized within the movement and are generally observed — so much so that AA, for example, has refused to accept several sizable bequests left by grateful members.

One is for total charitable giving by «source» - that is, giving coming from individuals, corporations, foundations and bequests.

The protagonist of Humboldt's Gift, Charlie Citrine, is a successful playwright and biographer who returns to the Chicago of his boyhood; muddles about in the urban scene while trying to straighten out a marital problem; leaves for Spain with a large friend, Renata; is deserted by her; returns to America to bury his old friend Von Humboldt Fleisher; and receives his bequest.

The remaining items refer to deductibility of charitable contributions, gifts and bequests, which are otherwise taxable — deductibility not to the recipient nonprofit organization, but to the donor, on the rationale that what the donor gives away to a charitable organization should not be treated as income for purposes of taxation since, unlike taxable income, it does not represent the consumption or accumulation of income for the donor's personal aggrandizement.

For more information on how you can support Waldorf education in Tennessee, through gifts of cash, stock, other assets, annuity, or bequest, contact our business manager William Bentley at [email protected].

For Mrs. Wilt, her bequest benefiting Easterseals is a gift honoring the memory of her beloved husband.

A charitable bequest is one or two sentences in your will or living trust that leave to Tufts Medical Center and Floating Hospital for Children a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

Not only that, but the studies they cite for the increase seem to explicitly be centered around the (miniscule - 10 % of total charitable giving) estate bequests and not covering 90 % of other giving.

Bequests to political parties already receive exemption from tax so there is a precedent for this.

Second, he let Sen Landrieu take the heat and be called a whore by his GOP minions for aquiring additional funds for Medicade - althought it was at his bequest Third - he goes around galavanting around the country fundraising» instead of governing - He blasts government for all of the ills and blamed the BP oil mess on Washington - yet he went licking up to DC for funds so he could build berms that wold be mysterious for the coast and let BP off the hook Cut funding for education - although he was afforded a damn good one He sides with his GOP pals about health care reform - REMINDER his child has a pre existing condition - heart problem

The Stanmore bequest came in two instalments because of the length of time it can take for funds to be released from a person's estate because of legal proceedings.

Income from trust funds received as gifts or bequests may be appropriated only for purposes prescribed by the donors thereof, and income from other trust funds, except individual life - membership contributions while the contributors thereof are living, may be appropriated only for the support of research unless otherwise prescribed by the Council when the funds were established.

Trust Funds shall consist of all life - membership contributions, all sustaining membership contributions, all funds appropriated by the Council for establishing special life memberships, all gifts and bequests accepted with specific restrictions prohibiting their allotment to either Current Funds or Investment Funds, and all other funds designated by the Council as Trust Funds.

It aims to conduct meetings and conferences of those interested in the various branches of science and education, to produce and distribute publications, to administer gifts and bequests as prescribed by the donors thereof, to provide support for research, to arrange awards for the accomplishment of scientific work, to cooperate with other organizations in the advancement of science and to engage in such other activities as shall have been authorized by the Council.

(c) Trust Funds shall consist of all life - membership contributions, all sustaining membership contributions, all funds appropriated by the Board of Directors for establishing special life memberships, all gifts and bequests accepted with specific restrictions prohibiting their allotment to either Current Funds or Investment Funds, and all other funds designated by the Board of Directors as Trust Funds.

His intellectual bequest remains for a new generation of physicists vying to concoct a theory of everything

Funds received from patrons * in the Pacific Coast region and from gifts, bequests, or other sources may be invested as trust funds by the Executive Director, as authorized by the Executive Committee, and the income therefrom shall be expended for the purposes of the Division as set forth in Article 2.

Funds received from patrons in the Pacific Coast region and from gifts, bequests or other similar sources, shall be invested as trust funds by the Executive Committee, and the income therefrom shall be expended for the advancement and diffusion of knowledge.

Funds received from patrons * in the Pacific Division region and from gifts, bequests, or other sources may be invested as trust funds by the Executive Committee, and the income therefrom shall be expended for the purposes of the Division as set forth in Article 2.

The contingent bequest provides for family and friends and will benefit the hospital only if the named beneficiaries predecease you.

Students offering up to $ 10,000 for places after law classes fill up in seconds History Bequest by Isaac Royall and founding.

Although she doesn't quite understand the full significance of this bequest, Jupiter does grasp that her world is a treasure worth killing for.

Established in 1994, the Paul Hanus Society at HGSE was created to honor alumni and friends of the School who have provided support for the School through life income plans, bequests, or other creative gift arrangements.

After waiting for five years, Worcester Academy in Massachusetts has received the money from a surprise bequest of $ 9.5 million from a former student who attended the school nearly 80 years ago.

In Clear Lake, Iowa, a $ 150,000 financial bequest recently paid for field trips to see musical and historical reenactments.

All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall be paid into the state treasury and credited to the Fund.

To learn about tax benefits, and sample bequest language for your estate plans, contact Stacey Williams at 212-563-7300 ext. 163, or [email protected].

Since the bequest of the Jay Kennedy Collection of underground comix in 2008, The Ohio State University Billy Ireland Cartoon Library & Museum has become a leading resource for alternative, small press and self - published materials.

Use the Roth IRA for lifetime bequests to kids in high tax brackets!

These points will go unaccounted for unless Canadians work with their families to develop a points and miles bequest plan,» says Carlos Dunlap, director of marketing at LoyaltyOne.