Sentences with phrase «by the beneficiaries who»

Tax experts estimate that failure to claim the Income in Respect of Decedent (IRD) deduction can result in a tax rate of 80 % or more on the inherited amount, broken down to a combination of estate taxes paid by the deceased IRA owner and federal / local state taxes paid by the beneficiary who inherits the assets after the death of the IRA owner.
(iii) an application made by the beneficiaries who make claims adverse to other beneficiaries.
(3) An application made by the beneficiaries who make claims adverse to other beneficiaries.

Not exact matches

A beneficiary who is subject to the life expectancy option but failed to withdraw RMD amounts by the applicable deadline may receive an automatic waiver of the penalty by withdrawing the total balance of the inherited account by Dec. 31 of the fifth year that follows the year the retirement account owner died (the five - year rule).
«The belief that corruption is the important issue in the country is shared only by the minority living in urban areas and towns who have been beneficiaries of economic liberalization policies mandated by western countries.
Our obligation is even more emphatic if we are the victimizers — or the beneficiaries of past or present victimizing carried out by others — rather than just good Samaritans who tend to the afflicted after the crime has been committed and the perpetrators have fled.
According to Aquinas, since «every effect turns naturally to its cause,» and a benefactor «is cause of the beneficiary,... the natural order requires that he who has received a favor should, by repaying the favor, turn to his benefactor according to the mode of each.»
The events are hosted by members of the beneficiary organization, who spread the word about the event as well as greet guests, bus tables and serve a dessert pizza.
I / WE HEREBY RELEASE, WAIVE, DISCHARGE AND COVENANT NOT TO SUE the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities used by the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISby the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISBY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISE.
Furthermore, Ainsley Maitland - Niles is a central midfielder by trade, and may be the biggest beneficiary from the transfer, after the rest of us, who suffered 159 games of Mad Franky Coquelin.
Not sure why Black brought this up, except maybe to knock it down in defense of low - income children, who are the biggest beneficiaries of the federal meals program and also hardest hit by malnutrition and weight issues.
3) The entire mandate by the state bothers me, in fact, because while I support the idea of shoring up the nutrition of low - income children (who as you point out are the likely beneficiaries of the policy), I DO N'T support the idea of intervening in what parents choose to feed their children.
The dedication included an appearance by Hofflander, who also named the park district a beneficiary in his will.
Early on the Pubs (who spent almost $ 12M in this district most donated by the wealthy beneficiaries of that tax cut) pushed the tax cut.
This structural deficiency of what government spends its resources on and who are the real beneficiaries thereof, is worsened by another structural problem - the structure of Nigeria's pseudo-federation with one overwhelmingly large and not surprisingly wasteful and inefficient federal governments; 36 handicapped states; and 774 almost utterly useless local governments which are now de facto area offices of the handicapped states and therefore doubly - disabled and dysfunctional.
One such beneficiaries of the scheme is White Stone Foods Company Limited; a major importer of frozen foods in the country, owned by a known financier of the ruling NPP, a council of State member, who has also been placed on the Ghana Ports and Habour Authority (GPHA) board, Eunice Jacqueline Buah.
The so - called «McDonnell amendment», named after the shadow chancellor who was long assumed to be its likely future beneficiary, is strongly backed by the left.
The President explained that it is wholly fitting that «this great, modest man, who can lay legitimate claim to being the father of modern Ghanaian nationalism, should be properly honoured by a grateful posterity, i.e. by us who are the heirs and beneficiaries of the freedom he so valiantly fought for, especially by citizens of his native Western Region.»
But Collins, who narrowly defeated Hochul in her bid for re-election for a Buffalo - area House seat in 2012, said at $ 60 billion, New York ranks second - highest in the nation in Medicaid annual spending and spending per Medicaid beneficiary — which is 44 percent more than the national average, according to materials provided by the lawmaker's office.
Somide disclosed that 125 students were admitted but only 123 of them have commenced training at the College which includes indigent students, who are beneficiaries of the scholarship provided by the Kwara State Government and drawn from the 16 local governments (LGs) of the state.
According to a press statement on Saturday by Director of Media, Ooni's Palace, Comrade Moses Olafare who spoke on behalf of the planning committee, the Ooni Annual International Leadership Symposium is designed to hold annually in commemoration of the Ooni's birthday with view to providing the youths and other beneficiaries of his numerous empowerment schemes to showcase their success stories.
Dododo, who was represented by the Executive Director of the agency, Alhaji Rabiu Kamba, urged the beneficiaries to judiciously utilise the materials for the purpose they were given.
Preference programs are often criticized by opponents who claim that they actually hurt the beneficiaries because they can't compete at the elite schools where they've gained entry.
Using a national sample of hospitalized Medicare beneficiaries, we found that patients who receive care from female general internists have lower 30 - day mortality and readmission rates than do patients cared for by male internists.
If you do designate your child as your beneficiary, when the insurer pays out, the death benefit will go to a trust overseen by a court - appointed guardian, who will hold onto the money until the child reaches the «age of majority.»
In such cases, you must report the entire amount on Schedule B of the decedent's return, and then deduct the amount that is being reported by the estate or other beneficiary who actually received the income.
Insurance should be a risk management tool first and foremost and if you have beneficiaries who would be impacted negatively financially by your death, you should probably consider life insurance.
Top criticisms of the Trump plan: the top beneficiaries of the changes will be the 0.1 % with incomes over $ 3.7 million who would save 14 % of after tax income, compared to an 8 % saving for middle income household; this according to research by the Tax Policy Centre.
In fact, the final required minimum distribution (RMD) regulations state, «A designated beneficiary need not be specified by name in the plan... in order to be a designated beneficiary so long as the individual who is to be the beneficiary is identifiable...» [Treas. Reg.
The beneficiaries are chosen by the person who set up the trust (the «trustmaker»).
If your RRSP is held with a life insurance company, then depending on who the beneficiary is, the entire RRSP may be exempt from seizure by your trustee.
(i) In general In the case of an individual who is an eligible student (as defined in section 25A (b)(3)-RRB- for any academic period, such term shall also include reasonable costs for such period (as determined under the qualified tuition program) incurred by the designated beneficiary for room and board while attending such institution.
The contribution and termination period is extended by 10 years for beneficiaries who qualify for the disability tax credit (see topic 80).
A beneficiary designation form is a legal document and will be used by the insurer to determine who will receive the death benefit if you pass away during the period of coverage (as well as how much they will receive).
The main exception to the preference for a family RESP would be if an RESP is for a stepchild, niece, nephew or other beneficiary who is not related by blood (children or grandchildren).
In addition to children or grandchildren related by blood, a child or grandchild who is adopted qualifies as a beneficiary for a family RESP.
In the case of public pension funds, investments are directed by municipal officials who often delegate the investment strategy and asset manager hiring recommendations to consultants, causing even greater divergence between the interests of beneficiaries and sponsor.
A qualified beneficiary will include a spouse or dependent child who was covered at the time of qualified event or a dependent child born to or adopted by the covered employee during the COBRA period.
Answer: A Beneficiary is the person of your choosing who is entitled (by the Account Owner) to the benefits of the savings.
Jazzy was one of the first beneficiaries of donations — large and small — from people all over the country who were moved by her plight and inspired by Dave's and Val's extraordinary devotion to her.
Guide dogs are provided to competent beneficiaries who fulfil stringent requirements that include possessing adequate Orientation and Mobility (O&M) skills and having been certified by our Guide Dog Mobility Instructor as having suitable home environments.
The secret, in part, was art's limited audience who were by definition elite beneficiaries of the regime's political policies.
So while there are those with primary responsibility for the ongoing climate catastrophe, who have had a central decision - making role, there are largely passive beneficiaries who can additionally be used as ideological cover by those with primary responsibility.
By attacking the level of certainty that people may hold with regard to either the existence of or human causation of global warming, climate change denial has attractions for those outside the inner circle of beneficiaries from the fossil fuel industry who do not want to reckon with either changes in their own lifestyle or with the increased role of government required by effective climate actioBy attacking the level of certainty that people may hold with regard to either the existence of or human causation of global warming, climate change denial has attractions for those outside the inner circle of beneficiaries from the fossil fuel industry who do not want to reckon with either changes in their own lifestyle or with the increased role of government required by effective climate actioby effective climate action.
A beneficiary who feels cheated by his or her share, a disinherited heir, or someone who suspects fraud or undue influence in the will's execution might decide to contest the will.
Davies v. Byer, 1999 CarswellAlta 981 I represented the applicants who were the residual beneficiaries of a dependent adult's will in opposing an application to pass accounts by the Attorney for the dependent adult and in a cross-application for reimbursement by the Attorney to the estate of the dependent adult for one - half of the renovation expenses, house repairs, and maintenance.
The Court therefore ruled that in case the position of beneficiaries from subsidiary protection can be regarded as being different from third country nationals legally resident in Germany on grounds that are not humanitarian or political or based on international law and who are in receipt of welfare benefits, as these third country nationals could presumably only reside in Germany in case they were able to financially support themselves and may therefore be assumed to be integrated by the time they would be eligible for social security benefits, the residence condition does not infringe on Article 33 of the Qualification Directive.
The first of these conversations looks at the issue of MSA's, also known as Medicare Set Aside accounts, which address the future offsets to Medicare for personal injury victims who settle their case knowing they currently or in the future are a Medicare beneficiary and that they need, by law, to put aside funds covering medical expenses related to their injury settlements.
While many arguments were raised in the courts below, Justice Brown focused the issue on what happens where a support payor dies with a life insurance policy who was required by court order to name a spousal or child support recipient as the irrevocable beneficiary of the policy.
Beneficiaries: An individual who receives benefits granted to him by another.
a b c d e f g h i j k l m n o p q r s t u v w x y z