Sentences with phrase «death of the owner»

Business Owner: Business owner life insurance is a great way to protect the business in case the unexpected death of an owner occurs.

Transfer of stock or death of an owner does not alter the corporation, which exists perpetually, regardless of owners, until it is dissolved.

I recommend that you discuss with the bank or credit union the procedure for a beneficiary withdrawing from the CD upon death of the owner.

The above penalties will not be charged in cases of withdrawal due to disability or after death of an owner of this Certificate.

Nashua, handsome Belair Stud 3 - year - old whose racing fate was left in doubt after death of Owner William Woodward Jr., went to Leslie Combs II (leader of 5 - man syndicate) of Kentucky's Spendthrift Farm for $ 1,251,200 — largest price ever for Thoroughbred — in sealed bidding in New York.

Sadly, due to the ill health and subsequent death of the owner, DBR9 / 102 was put on the market back in the UK during 2007 with only minimal test running and having never raced at all.

The company compensates the loss as per the below grid for bodily injury or death of the owner driver while driving caused by violent accidental external and visible means.

The untimely death of an owner, partner, or key person in a business when there is no business life insurance such as a buy / sell insurance policy or key man insurance in place can be the beginning of quick end.

Most brokered CDs have a «death put» (survivor option), which allows the heirs to sell the CD at face value upon death of the owner.

When the turnaround team walked in the door, it found no cash for payroll and operating expenses, broken and unrepaired equipment and machinery, cancelled customer orders from its largest customer, FBI and Department of Labor investigations and employees reeling from the unexpected death of the owner.

However, Roth IRAs are subject to RMD rules after the death of the owner of the Roth IRA, with a 50 percent penalty if such distributions are not made.

Roth IRAs are not subject to RMD during the owner's lifetime but are subject to RMD after the death of the owner.

Upon the death of the owner, the beneficiary may be liable for any taxes on the death benefit.

Since the death of owner Jerry Buss, his children, daughter Jeanie and son Jim, have taken the reins of the organization and have yet to find the same success their father enjoyed throughout his ownership.

At the time of the death of the owners, the trust would revert to the Park District, which would have bought an insurance policy equal to the trust for the heirs.

The Buffalo Bills» franchise will be placed in a trust following the death of owner Ralph C. Wilson Jr., and no quick sale of the team is expected.

Mathilde explains that the apartment is a viager, which refers to an old French real estate system allowing buyer's to purchase property at a decreased value from the owner, but agreeing to pay the owner a monthly sum while allowing them to live on the property until the death of the owner, whereby the buyer would finally be allowed to move in.

Martin plays the bumbling Clouseau, who's sought out by French Chief Inspector Dreyfus (Kevin Kline, also slumming) to «solve» a crime involving the death of the owner of a soccer team, and the theft of his massive diamond ring, in the middle of a soccer field during a match.

Promised freedom upon the death of their owner, she and her sister, Ruth, in a cruel twist of fate become the property of a malicious New York City couple, the Locktons, who have no sympathy for the American Revolution and even less for Ruth and Isabel.

Upon the death of the owner, the beneficiary may be liable for any taxes on the death benefit.

Although you should try to get ownership of the account changed as quickly as possible after the death of the owner, the 1099 income report may well show more income assigned to the decedent than it should.

Early withdrawal penalties do not apply to withdrawals made after the death of any owner of the account or to satisfy the Required Minimum Distribution after the member has attained the age of 70 1/2.

Protect a business against the financial strain that may result from the death of the owner or a key employee

Death Benefit Rider Upon the death of the Owner, the death benefit will be equal to the account value after the MVA.

Under the terms of our annuity contracts currently being issued, the death of the owner, if different than the annuitant, will cause the accumulated value of the annuity, minus applicable withdrawal charges and Market Value Adjustment, to be paid to the designated beneficiary.

Roth IRAs, however, do not require withdrawals until after the death of the owner.

Generally, it's age 70 1/2, although Roth IRAs don't require withdrawals until after the death of the owner.

The term Stretch IRA has become a popular way to refer to an IRA (either traditional or Roth) that has provisions that make it easier to «stretch out» the time that funds can stay in the IRA after the death of the owner.

Contact the NYL Annuity Service Center upon the death of an owner or annuitant.

With regard to the required payout of a deferred annuity at death, all deferred annuity contracts issued since January 18, 1985 must pay out the contract value upon the death of the owner [IRC Sect. 72 (s)-RSB-.

Nancy, each institution has its own procedures, but if you designate your children as beneficiaries with a Payable on Death (POD) registration, there should be a straightforward process for each beneficiary to withdraw their share of the CD upon death of the owner.

In the event of the death of an owner (tenant in common), the decedent's beneficial interest in the account shall be transferred to their estate.

In the event of the death of an owner, the entire beneficial interest in the Account shall be transferred to the surviving joint owner (s).

Many times they are surrendered to us or to the shelter because the death of owner and other family members don't want the dog; working too many hours; doesn't get along with a new puppy; there is a new baby in the house; need to move to a place where dogs are not allowed; kids going off to college; allergies; and the new spouse doesn't like them.

You may recall with a touch of nostalgia, the popular 1989 comedy drama movie starring Tom Hanks playing the role of Scott Turner as a clean - cut cop, and Hooch, a large and slobbery mastiff - like dog, who turns out being the closest thing to a witness in a murder case involving the death of his owner.

We take in older, hospice or hard to place dogs rescued from puppy mills, kill shelters, or other unfortunate circumstances such owner surrender or death of an owner, and provide them with a loving forever home.

16) A GSD named Captain was so heartbroken after the death of his owner that he made the daily trek for six years to sit by his gravestone.

Death of an owner: Truly a situation which requires that the dog find a new home.

People problems include the death of an owner, moving, divorce, a new baby, allergies, etc..

There are many reasons over 100,000 dogs are resident in dog rescue centres UK from the death of owners, behavioural problems, to cruelty and neglect these poor pooches are desperate to find their forever home.

We sometimes take in animals through particularly sad circumstances, such as the death of the owner.

This handsome pair is seeking a new family to love after the death of their owner.

The goal would be to have no unauthorized births of animals, thereby reducing the need for \ «shelters \» to just the population of animals that were surrendered due to death of an owner or other unmanageble life changing events.

This could be for reasons such as the death of an owner, owner relocation to a rental that does not allow pets, inability of owners to afford the medical or general care of a pet, pet behavior issues, and even lost pets who do not have tags or microchips and so can not can not be returned home.

The death of the owner, a recent move, the onset of allergies, a disability or simply not enough time may be some explanations.