Sentences with phrase «estate since his death»

The main advantage here is that the proceeds from the death benefit would not be included in the employee's taxable estate since the death benefit would pay out to the ILIT, thus avoiding exposure to the federal death tax.

Held in the Fox estate since his death, it has subtle layers of color, texture and expression.

Ropac, whose gallery has spaces in Salzburg, Paris, Pantin and London, will be the first dealer to represent Beuys's family, who have controlled the artist's estate since his death in 1986.

Not exact matches

Since estate taxes are assessed only when bequests are left to someone other than a husband or wife — most commonly, when estates pass, after parents» death, to the children — it's smart to buy enough second - to - die coverage in the name of the beneficiary to pay off future estate - tax bills.

Since Brown's death in 2003, Hubert and Brown's estate have been in protracted negotiations in an attempt to come to terms over trademark issues and ownership of the URL flatstanley.com.

But since the death of Emmet Justice's first wife, Rosalyn, not quite a year ago, her family estate has fallen into disrepair.

I had done some work as a reporter trying to wade through the mounds of paperwork that the soul singer's estate has generated since his death in 2006, and I really appreciated McBride's research.

A problem with the first three occurs if the gifted asset declines in value from the time of the gift to death, since the gifted amount is brought back into the estate at death at the value of the original gift.

Not many people are subject to an estate tax — it's only applicable for estates with a taxable value of $ 5.45 million, and Warren Buffett said in an interview that only 5,000 people would be subject to the estate tax in 2017 — but, since death benefits are almost always exempt from tax, it can be a great way to cover the estate tax and leave your money to your family.

Since the OCSPCA is a 501 (c)(3) organization, all gifts made to the OCSPCA through your trust or will qualify as a charitable deduction for your estate on your death.

The estate has been preserved to the finest detail with rooms kept unchanged since his death for more than a century — with books, furniture, paintings and even some of Tolstoy's clothes.

Not long afterward, art dealer Andrea Rosen announced that she would close her eponymous Chelsea gallery after 27 years in the business, and share representation of the Felix Gonzalez - Torres estate — which she had overseen since the artist's death in 1996 — with the much larger David Zwirner gallery.

In addition, the archives contain materials collected since Mitchell's death in 1992, including exhibition catalogs and other publications, research files, symposia proceedings and recordings, a nascent oral history collection, and records of the Estate of Joan Mitchell and the Joan Mitchell Foundation.

And since his death in 2007, according to the «selected» list of solo exhibitions at the Christensen website, his work has been seen in four gallery exhibitions at Spanierman, which represented the estate, five at Lew Allen, in Santa Fe, and one at Elaine Baker, in Boca Raton.

Meanwhile, since Still's death in 1980 (we had finally met the previous year in New York), his estate was under lock and key while apparently endless efforts to find a US city that would accept it had floundered.

Hogan has been a principal draftsperson for the Sol LeWitt Studio since 1982 and Installations Director for the LeWitt Estate since shortly after LeWitt's death in 2007, overseeing numerous installations of LeWitt wall drawings, including at the US Mission to the United Nations, Centre Pompidou - Metz, M - Museum Leuven, works in private collections, as well as the creation of the MASS MoCA retrospective.

Pace gallery has represented The Estate of Sol LeWitt since his death in 2007.

Since artist's death in 2012 it has also looked after his estate.

New Flavins Get the Green Light — Speaking of illuminating artworks, some of the 20 posthumous sculptures that Dan Flavin's estate had manufactured since 2007 — when they reversed their previous decision to not create any of the 1,000 + sculptures the artist planned before his death — will be part of an exhibition at the Tate next year.

The Russian - born abstract painter Serge Poliakoff has not had a show in London since his death in 1969, but theTimothy Taylor gallery, which represents his estate, is putting that right with an exhibition of late works from the Sixties.

Since Rhoades» death in 2006, he has been the manager of the estate.

«Manny Farber: Selected Works From the Artist's Estate,» now in Quint's new La Jolla gallery, is No. 17, his first since Farber's death in 2008.

Artist foundations have become an increasingly popular way for estates to control the artists» affairs after death, and they typically sell a few works a year to finance their operations, as the Warhol Foundation has done since its inception in 1987.

Since G's death in 2001, the personal representatives had permitted the sons to carry on operating the business, in which they had all worked from an early age (at the expense of their own formal education), without reference to the fact that it was now comprised in the estate.

In addition to this, since 6th April 2017 estates will be entitled to the residence nil rate band (RNRB) if on death they own a home / share of one which is left to «direct descendants».

Since the death of a loved one may cause extensive stress on the family, it is often a good idea to obtain third - party assistance for not only helping with taxes, but also estate and inheritance issues.

As with pre-FA 2006 life interest trusts, assets can be transferred out of the IPDI trust to the life tenant without an IHT charge and IHT will be incurred on the life tenant's death since the assets of the trust already form part of the estate of the life tenant.

With a Universal Life policy with Secondary Guarantees, the death benefit is guaranteed for life and you have the flexibility of adjusting your premiums, a valuable feature since estate tax rates and exclusion amounts keep changing from year to year.

Survivorship life is something to consider for people in this situation since estate taxes are due upon the second death if the estate is set up correctly.

But survivorship policies, since both policyholders will die before the death benefit is paid, work best as a way for families to pay for estate taxes, burial plans, or as a way for the policyholders to leave a legacy for their heirs.

«Most Americans don't plan their estate because there is no urgency since death feels so far away,» said Rad.

Not many people are subject to an estate tax — it's only applicable for estates with a taxable value of $ 5.45 million, and noted rich person Warren Buffett said in an interview that only 5,000 people would be subject to the estate tax this year — but, since death benefits are almost always exempt from tax, it can be a great way to cover the estate tax and leave your money to your family.

You will not leave a large estate: Since term life may expire before your death, it's not a good option for people who want to be sure that heirs have money to pay estate taxes.

You must also consider your personal circumstances since additional factors, like having a huge estate, can result to huge taxes upon your death.

This isn't always ideal since some people may prefer their beneficiaries to receive the death claim tax free rather than being passed down through the estate.

The estate may also not reach those that the insured would most like to enrich with the death benefit, since it is often divided by courts.

Since a survivorship life insurance policy does not pay out a death benefit to a surviving spouse and rather saves the benefit to pay to the heirs, this money can usually be used to help offset some, if not all, of the estate taxes that will be due.

Since the proceeds from the death benefit are excluded from the grantor's estate, multiple generations of family — children, grandchildren and great grandchildren — may benefit from the trust assets free of estate and GST tax.

Since the husband was the owner of the policy, the death benefit is included in the estate and is subject to estate tax.

Since estate probate can take months and creditors can come after the life insurance death benefit, we recommend naming beneficiaries and keeping the list regularly updated.

Since an ILIT separates the death benefit of the policy from the total value of your estate, once it is set up, you no longer have the right to revoke the trust and you can not be the trustee.