Sentences with phrase «distribute all assets at»

Not exact matches

By law, many non-profit foundations would be required to distribute at least 5 percent of assets annually, according to the Council on Foundations.

«It's a change in how he distributes that asset,» said Ben Silverman, research director at InsiderScore, noting that Gates has been reducing his stake methodically for years through share sales to fund his foundation.

Sandra Ro, Digitization Lead at CME Group, added, «Innovation is at the heart of CME Group's business, and the work we have done on RMG with The Royal Mint is testament to CME Group's progress on the application of digital assets and distributed ledger technology to financial markets.

The primary aim of NEO is to become a digital, decentralized and distributed platform for non-digital assets through the use of smart contracts (see below for a more detailed look at smart contracts).

Efficiently manage end - to - end software delivery with bi-directional integration that tracks distributed development activities at the asset level, no matter which management tools are in use.

Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.

If you don't ever want to be required to start distributing your retirement assets at any time, you need to consider the IRA rules for required minimum distributions (RMDs).

You may also look at custom - designed testamentary trusts to help you control how your assets are distributed.

Regardless of the value of your estate, it's important to establish a plan for how your assets are distributed at your death.

At the end of each month, the Portfolio will distribute an amount equal to approximately one - twelfth of 4 % on Class T4 units, approximately one - twelfth of 6 % on Class T6 units, and approximately one - twelfth of 8 % on Class T8 units of the net asset value per unit on the last day of the previous calendar year (or, if no units were outstanding at the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar yearAt the end of each month, the Portfolio will distribute an amount equal to approximately one - twelfth of 4 % on Class T4 units, approximately one - twelfth of 6 % on Class T6 units, and approximately one - twelfth of 8 % on Class T8 units of the net asset value per unit on the last day of the previous calendar year (or, if no units were outstanding at the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar yearat the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar year).

At this point, both trusts terminate and the assets are distributed to the beneficiaries, completely avoiding probate.

Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash assets, on such terms and at such prices as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining assets of the Company, and, subject to statutory limitations, to take all other actions necessary to wind up and liquidate the Company's business and affairs.

In light of the foregoing, and in order to preserve and maximize the diminishing value of the Company's assets for the benefit of all stockholders, Tang Capital has nominated Kevin C. Tang and Andrew D. Levin, M.D., Ph.D. for election to the Board at the Annual Meeting and proposed a stockholder resolution to be voted on at the Annual Meeting whereby the stockholders will request that the Company cease operations immediately, liquidate the Company's assets and distribute all remaining capital to the Company's stockholders.

To qualify, a REIT must, among other things, invest substantially all of its assets in interests in real estate (including other REITs), cash and government securities, distribute at least 90 % of its taxable income to its shareholders and receive at least 75 % of that income from rents, mortgages and sales of property.

The charitable lead trust, usually funded with highly - appreciated assets, would make payouts to the Parks Conservancy for a term of years, at the end of which the assets will be distributed to your heirs, at a reduced gift or estate tax.

The developers at Hello Games are essentially building all the assets in their most basic forms, and then using these equations to dictate how those assets are distributed.

At the conclusion of the trust's term, the trust terminates and distributes its remaining assets to the individuals you designate in the original trust document.

At the conclusion of the trust's term, it distributes its remaining assets to the individuals you designate in the original trust document.

At the end of the trust's term, all remaining trust assets are distributed to your designated beneficiaries with greatly reduced gift and estate tax, regardless of how much the trust has grown.

Inherit the Cloud: The Role of Private Contracts in Distributing or Deleting Digital Assets at Death Fordham Law Review Banta, Natalie M. 83 Fordham L. Rev. 799 (2014)

You're great at running your business, but distributing assets or your business as a whole to an heir or successor is fraught with complications.

If you have more questions about how to ensure your assets are distributed, or if you need help understanding how the probate process works, call Kademenos, Wisehart, Hines, Dolyk & Zeiher Co., LPA today at for a free consultation at.

A last will and testament is a legal document that will take effect at the time of death, providing instructions about who should be designated as the executor of your estate, how assets should be distributed, and who you want to be the guardian of your minor children.

Matthew Evans, partner at Hugh James, says: «Amateur executors may not want the money of the deceased to go outside of their immediate family and so take matters in their own hands distributing the assets as they see fit, even if that means they are acting contrary to their responsibilities as a legal executor.

Any assets you have will not be distributed to your family, at least not immediately.

The primary aim of NEO is to become a digital, decentralized and distributed platform for non-digital assets through the use of smart contracts (see below for a more detailed look at smart contracts).

Those assets, currently valued at $ 1.13 billion, will be distributed to shareholders as part of the liquidation.

Morini goes on to conclude that new business models based on distributed accounting and blockchain - based smart contracts will require additional regulatory clarity to scale, and that digital currencies or assets will need to be convertible with central bank accounts or at financial institutions.

The AIFC's working group is aimed at development of legislation regulating cryptocurrency transactions; establishing the ecosystem for the use of distributed ledger technology, crypto assets and blockchain based projects; formation of a favorable environment for innovative development of Kazakhstan and elaborating the dialogue among business, citizens, and government and improving the investment climate in Kazakhstan for development and support of innovative technologies.

The head of Digital Asset Holdings has been invited to take the position of senior advisor on distributed ledgers at the Spanish bank group Santander.

Various factors are taken into consideration when distributing assets including the incomes of the parties prior to and at the beginning of the divorce, duration of the marriage, need to occupy the marital home, loss of inheritance or pension rights, maintenance awards, future financial circumstances of each spouse, tax consequences, dissipation of assets, contributions as a non-wage earner to the income of the spouse and home, and the character of the property itself.

If they were to sell their properties and not place the proceeds in a tax - deferred exchange, REITs would have to distribute the money to stockholders and pay taxes, which would in effect shrink the company's asset base, notes Lou Weller, national director of real estate transaction planning at Deloitte Tax LLP in San Francisco.

«The asset class has... recently demonstrated the ability to generate high risk - adjusted returns, aiding in distributing funds back to investors at record levels and having a positive impact on investor appetite for real estate,» says Oliver Senchal, head of real estate products at Preqin.

At a minimum, if you don't set up a will your survivors can end up in probate court, working out some sort of a deal to distribute your assets.