Sentences with phrase «distribute your assets as»

If you have no type of will and pass, the state can then distribute your assets as they see fit.
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.
Elinor Shinehoft will help you prepare your Will and Powers of Attorney, so that you can plan to distribute your assets as you wish for your loved ones; and allow for your assets and personal care to be taken care of during your lifetime if the need arises.

Not exact matches

The company's assets include the rights to some of its award - winning films it produced and distributed as well as some of the rights deals to films that are still in production, according to CNNMoney.
By failing to name a person as your beneficiary, your heirs lose that ability to stretch and must distribute the IRA assets within five years, Frye said.
Valor reported that under the proposal Boeing would pay Embraer in cash when the commercial assets are transferred to the new company, with most of the proceeds then distributed to shareholders as dividends.
INFLCR was only founded in late July 2017, as a software to help sports teams, leagues, and athletes store and track the audience performance of their content assets by distributing them to coaches, players, alumni, and recruits, who are then able to share them on their personal social - media accounts.
IOTA price has spiked trading above $ 2 consistently as the spotlight is turned towards the digital asset that is transforming the Internet of Things and the Distributed Ledger Technology.
They represent content and digital rights management platforms (such as SingularDTV), distributed venture funds (such as the the DAO, for decentralized autonomous organization), and even new platforms to make investing in ICOs and managing digital assets easy (such as ICONOMI).
The rollover decision should reflect how the plan from which assets would be distributed stacks up in comparison to the proposed IRA in terms of investment options, fees and expenses, and services (such as advice planning tools).
By attempting to gain TGT Token fraudulently through double spending, an ICO participant jeopardizes all Bitcoin or other digital currency or asset associated with the blockchain wallet address, as no TGT assets will be distributed to the account associated with that bitcoin or digital currency or asset address.
The U.S. Attorney's office says more than $ 9.6 million in assets seized in an international internet gambling takedown is being distributed to law enforcement agencies in New York and Florida as well as the federal government.
Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.
They see those differences as assets, not problems to be managed, and are able to harness the power of distributed leadership to facilitate ownership and contribution across various stakeholder groups.
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.
In fact, there may be possibility that you'll owe tax on the gains that are distributed to you and other shareholders as a result of an asset sale.
Certain assets, such as those registered with rights of survivorship, those that have a named beneficiary, or that are subject to a legal agreement (such as a trust), are distributed outside the will.
Probate fees in Canada can be as high as 1.5 % of an estate (Ontario) and must be paid on certain assets in order to validate the will and permit the estate trustee to distribute assets to the beneficiaries.
As you know, on January 6, 2009 Millennium Technology Value Partners L.P. («Millennium») delivered a letter to the Board of Neurobiological Technologies, Inc. («NTI» or the «Company») urging it to take immediate and decisive action to monetize and distribute the Company's remaining assets for the benefit of shareholders.
Asset allocation is how you distribute your savings among the different types of investments, such as stocks, bonds, and cash.
In case of a bankruptcy an RRSP is, as an asset, liquidated and the funds are distributed to creditors.
Upon death, POD account assets are distributed outside of probate, as are living trust assets.
Asset allocation refers to the process of distributing assets in a portfolio among different asset classes such as stocks, bonds, and Asset allocation refers to the process of distributing assets in a portfolio among different asset classes such as stocks, bonds, and asset classes such as stocks, bonds, and cash.
Super assets can not be included in a will, but your fund may allow you to make a «binding nomination» so that your super will be distributed as you wish after you die.
But take a second look — almost a billion dollars of AUM is categorized as Distributed Assets (vs. Managed Assets), reflecting fees earned on AUM / clients referred to Attalus Capital.
Even if you don't think you have many assets to distribute, wills are a handy way to let others know things that are important to you, such as who you would like your children to live with.
An estate plan includes your will as well as any other directions on how you want your assets distributed after your death.
As is the case with common stocks, the distribution of capital gains and dividends decreases the net asset value (NAV) of the fund by the amount distributed.
To qualify as a REIT, 75 % of the company's assets must consist of real estate investments, and the company must distribute 90 % of its earnings to shareholders.
As long as working capital is not overstated and operations are not rapidly consuming cash, a company could liquidate its assets, extinguish all liabilities, and still distribute proceeds in excess of the market price to investorAs long as working capital is not overstated and operations are not rapidly consuming cash, a company could liquidate its assets, extinguish all liabilities, and still distribute proceeds in excess of the market price to investoras working capital is not overstated and operations are not rapidly consuming cash, a company could liquidate its assets, extinguish all liabilities, and still distribute proceeds in excess of the market price to investors.
When shareholders invest in a listed asset manager, they simply want: a) exposure to the asset management business, and b) surplus cash to be distributed, thereby enhancing returns & granting each shareholder the freedom to manage this cash directly, as they see fit.
Once those debts are paid, the remaining assets will get distributed as indicated in the will.
As a last resort, you can declare a Chapter 7 business bankruptcy, turning over the business to the bankruptcy trustee who will sell its assets, go after any outstanding accounts receivable, pay owed taxes, and distribute any remaining funds to creditors.
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.
Common ways that assets from a QDRO are distributed, assuming it is from a defined contribution plan such as a 401 (k), are transferring the assets to an IRA in the receiving ex-spouses name or a new account with the company that the current retirement plan is with.
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.
Pursuant to the requirements of Washington law, the Company intends to retain certain of the remaining assets of the Company to satisfy and make reasonable provision for the satisfaction of any current, contingent or conditional claims and liabilities of the Company until such time as the Company's board of directors determines that it is appropriate to distribute some or all of such remaining assets.
Since [VNDA] continues to operate as of the date of this filing and has not publicly announced any plan of liquidation and dissolution, the Reporting Persons believe [VNDA]'s Board of Directors has rejected their proposal to immediately cease all operations, liquidate [VNDA]'s assets and distribute all remaining capital to the stockholders.
First Community Trust will ensure that your retirement assets will be managed and distributed just as you had intended.
No Ripping or Extracting Files: You may not split our videos (vocal, music, visual, etc.) and distribute components as separate assets.
Made possible under Creative Commons Zero (CC0), this initiative represents yet another techno - utopic step toward the re-materialization of art objects (and «objects» feels like the operative term, given that so many of the CC0 - friendly works consist of pottery, textiles, costumes, and other functional objects often individually unattributed and classified as decorative arts) as virtual assets, freely shared and distributed.
Distributed storage promises enormous value to the electric system and to improving resilience, and the key to unlocking that value is the increasingly sophisticated and automated ways in which those assets can be operated, whether as a single smart asset to avoid a distribution line upgrade or as a virtual power plant of re-configurable aggregated assets.
''... the wild card in this discussion is vehicles as EV shares increase, a whole new set of mobile distributed storage assets will enter the grid and involve transportation system needs, not just electric system needs,» Kelly Speakes - Backman, ESA.
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.
As with personal insolvency the assets of the company are distributed according to the rank of the creditors and the amount claimed, but a liquidator appointed by the Department of Trade and Industry undertakes the distribution of the assets.
The Trustee serves as the legal owner of the Trust's assets and is responsible for managing and distributing the assets according to the terms of the Trust.
I assist them in obtaining the Grant of Representation / probate to the estate, collating all information about the deceased's assets and reporting as appropriate to the Inland Revenue with a view to distributing the deceased's estate as quickly and efficiently as possible either in accordance with the terms of the will or under the intestacy rules.
Couples can sign agreements regarding such things as spousal support, property rights, division of assets, choice of law covering the agreement and how life insurance proceeds will be distributed in the event a death occurs.
If the survival action is successful, the personal representative distributes the damage award to surviving family members as instructed by either the victim's will or, in the absence of one, by the state's laws of «interstate succession,» which are statutes that dictate how assets pass (and how much) when the person who dies has no will.
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.
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