Sentences with phrase «by grantors»

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

[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.

Irrevocable trust funded by gifts by its grantor; designed to shift future appreciation on quickly appreciating assets to the next generation during the grantor's lifetime

Scholarships are awarded based on criteria set by the grantor.

(A grantor trust is taxed differently from other trusts; all income is taxed, not to the trust, but to the person who created the trust — the «grantor» — and an irrevocable trust can not generally be changed or undone by the grantor.

Other provinces handle the matter differently, but in Ontario you can claim 3 % of the monies received and disbursed by the grantor, and a management fee of 3 / 5ths of 1 % of the average annual value of the grantor's assets.

A deed in which the grantor conveys title to the grantee and agrees to protect the grantee against title defects or claims asserted by the grantor and those persons whose right to assert a claim against the title arose during the period the grantor held title to the property.

I have been recently paying down on credit cards and raising my fico score but yesterday and today two credit accounts were closed by the grantor and they were zero balances.

closed by grantor [top] A credit account that has been closed at the grantor's request wherein a creditor cancels your charge privileges.

Typically, premium payments for a policy owned by the ILIT are funded by gifts made by the grantor.

Another related tip on how to repair your credit score is don't let your creditor close it due to inactivity (a «closed by grantor» listing lowers your credit score).

One such example is if you close an account yourself and the entry says that it was closed by the grantor.

In return, they pay money to ACP Re, Karkunkel's private company owned by his grantor trust.

There are numerous ways to protect assets, including, but not limited to, self - settled trusts, which are distinct in that they are funded by a grantor who retains the benefit of the trust assets.

In Washington, the requirements for a Bargain and sale deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantor's signature must be notarized.

The CDBF argued (relying on a decision of Rimer J in Habermehl v Attorney General [1996] EGCS 148 and Fraser (No 1)[2001] Ch 669, [2000] All ER (D) 1970) that s 2 of SSA 1841 meant «for the purposes to which the land was devoted by the grantor» so that when the use of the school ceased by 1947 to comply with the model deed of the National Society, that brought about the reverter.

Paragraph 7 provides for compensation provisions based on the terms that would be notionally concluded as between grantor and grantee and to reflect the prejudice suffered by the grantor.

Irrevocable Trust A trust that can not be changed or canceled by the grantor.

Because these assets can no longer be accessed by the grantor, they typically are then exempt from estate taxes.

An ILIT is a type of trust that can't be rescinded, amended, or modified by its grantor (or creator — the person being insured) after its creation.

The trustee then becomes the owner and the manager of the grantor's insurance policies but the decisions they make are based on the provisions written by the grantor.

Not exact matches

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.

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

A scholarship or fellowship grant conditioned either upon past, present, or future services by the recipient, or upon services that are subject to the direction or supervision of the grantor, represents payment for services» (PLR 9851002).

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.

You don't need to be too socially adept to attend the conferences or meet with the grantor in his office, you just need to be well informed and driven by a real need.

Results, information and opinions solely represent the analysis, information and opinions of the author and are not endorsed by, or reflect the views or positions of, grantors, MDE and CEPI or any employee thereof.

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.

The inquiries that may affect your credit score are those by new credit grantors to whom you have given your social security number along with explicit authorization to check your credit.

If there is any history of late payment, or if the trade line was included in bankruptcy, charged off, or put into repossession, the listing will be considered negative by all credit grantors.

Any type of collection account, whether paid or not, is considered very negative by all credit grantors.

Credit grantors are permitted by law to review your credit report to objectively determine whether to grant you credit.

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

Entry by a credit grantor to a consumer's credit history maintained by a credit reporting agency.

The data housed in each of these companies is proactively supplied to them by a large network of data furnishers, specifically credit grantors and collection agencies.

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 information is used for identification purposes and matching the information supplied by credit grantors.

Tool used by credit grantors to predict future payment behavior of a consumer.

The statement requests the credit grantor to contact the consumer by telephone before issuing credit.

A petition filed by certain credit grantors to have a debtor judged bankrupt.

Credit reports are used by financial institutions, credit grantors, insurance companies, and utility providers to determine credit and / or insurance worthiness.

The Credit Information Companies (Regulation) Act, 2005, and various Rules and Regulations issued by Reserve Bank of India has empowered CIBIL or (Credit Information Bureau (India) Ltd to collect the data from various types of credit grantors (i.e. lenders).

Any amount of bad credit drastically reduces your chances of being approved by a credit grantor.

Your credit score, once used exclusively by credit grantors to make lending decisions, is now used by a wide range of organizations to make financial and nonfinancial decisions affecting you.

The CLT also is more likely to be used to limit the grantor's taxable income because a portion of the income generated by the charitable trust assets will be paid to the designated charity.

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.

Checking your credit report will help by listing all major banks and credit grantors.

A credit repair business and its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit repair business, shall not do any of the following: (1) Charge or receive any money or other valuable consideration prior to full and complete performance of the services that the credit repair business has agreed to perform for or on behalf of the consumer; (2) 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 credit 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; (3) Represent that it can directly or indirectly arrange for the removal of derogatory credit information from the consumer's credit report or otherwise improve the consumer's credit report or credit standing, provided, this shall not prevent truthful, unexaggerated statements about the consumer's rights under existing law regarding his credit history or regarding access to his credit file; (4) Make, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying for an extension of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale of the services of a credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a credit repair business.