Sentences with phrase «estate trustee in»

At common law, the duties of the Estate Trustee in respect of the possession, custody and disposal of the remains of a Deceased have been identified as follows:
The second wife was named as the estate trustee in the deceased's will.
If you are named estate trustee in a Will you may not have fully understood just what this role entails.
If a person named as estate trustee in a will hasn't begun to act, he or she should be able to renounce the role.
Notice Connect, a website for estate trustees in Canada to post legal notices to creditors upon someone's death, has been recognized by the Ontario Superior Court on July 7, in a court order, as satisfying requirements of the Trustee Act for the estate trustee's duty to advertise for creditors.
Estate trustees in Ontario who find themselves in this situation may wish to make a court application under the Absentees Act, RSO 1990, C. A. 3.

Not exact matches

Scott Terrio, an estate administrator at Cooper & Co., a licensed insolvency trustee in Toronto, calls this phenomenon «extend and pretend.»
Though it had invested $ 12 million in a number of businesses and real estate projects, several were themselves now defunct, and the bankruptcy trustee could not account for another $ 8 million out of the $ 20 million Dexior had raised.
The lawsuit, filed in 2014, comes from a trustee of the estate of Spirit guitarist Randy Wolfe (also known by his stage name «Randy California.»)
Walker became one of the youngest members to serve on the Stanford Board of Trustees; found a career in his chosen field of real estate, where he has a successful real estate investment fund; holds equity in Hollywood nightclubs; and has a small ownership stake in the Oakland Athletics Major League Baseball team.
Our board of trustees wanted [Nyquist] to live in close proximity to campus; however, our campus is located in some of the most expensive real estate in Chicago, so the board made it possible for [him] to live across from [MBI] with an interest - only loan at the market rate of 4 percent.
ARLINGTON HEIGHTS — In what could be the first step toward moving its suburban branch campus, Roosevelt University has formed a special real estate committee made up of five Roosevelt trustees to consider whether to stay in Arlington Heights or move to one of two alternate sites in the northwest suburbIn what could be the first step toward moving its suburban branch campus, Roosevelt University has formed a special real estate committee made up of five Roosevelt trustees to consider whether to stay in Arlington Heights or move to one of two alternate sites in the northwest suburbin Arlington Heights or move to one of two alternate sites in the northwest suburbin the northwest suburbs.
«Every leader in this state should be shouting about what Cuomo and his trustees did to LICH, how the community was railroaded, almost 2,000 New Yorkers were put out of work, and a vital medical facility was shut down to benefit wealthy real estate developers and other friends of the Governor,» said Julie Semente, long - time LICH nurse and member of the New York State Nurses Association's executive committee at LICH, speaking on her own behalf.
A retired school principal and former Ulster County Community College trustee among other things, the sprightly Finch remains active in his real - estate business.
Scheme trustees can invest funds in the private sector, real estate, listed equities and government treasuries.
First in line were 35 to 40 «V.I.P.s,» including some with close ties to the governor's office, such as SUNY trustee and former Clinton administration official Richard Socarides, ABNY chairman and real estate mogul Bill Rudin, and former New York City Republican mayoral candidate George McDonald.
Since last May, in a series of legal documents and Honolulu Star - Bulletin opinion pieces, the five trustees of the Kamehameha Schools / Bernice Pauahi Bishop Estate have come under attack for allegedly mismanaging money and creating an atmosphere of intimidation at the Kamehameha Schools, Hawaii's second - largest private school.
I have not checked to see if Vantage or their sister companies have filed (they would presumably file in a federal district for their area in Great Barrington, Mass.) A bankruptcy attorney in that area could better answer your question about those publishing contracts as bankruptcy estate assets that a Trustee would «recall» (or «garner for the bankruptcy estate) under a preference rule and make a part of Vantage's «bankruptcy estate» for the benefit of creditors.
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.
A Canadian T3 tax slip, or Statement of Trust Income Allocations and Designations, is prepared and issued by financial administrators and trustees to tell you and the Canada Revenue Agency (CRA) how much income you received from investment in mutual funds in non-registered accounts, from business income trusts or income from an estate for a given tax year.
If the donor acts as a trustee, the trust will be included in the donor's gross taxable estate.
If there is non-exempt equity in your house when you file for bankruptcy, you make a settlement payable to the estate (via the Trustee).
However, if the trust is revocable, if you are the trustee, or if the trust is required to use the death proceeds from the life insurance to pay your estate taxes and debts, the entire death benefit may be included in your taxable estate.
However, in order to get at the $ 25,000 in equity, the trustee will incur costs for an appraisal, real estate broker and closing fees.
In general, any tax refunds for any years prior to and including the year of bankruptcy are assets of the bankruptcy estate, and Canada Revenue Agency will send them directly to your trustee, even if you and your trustee have been discharged.
Your tax refund is an asset of your bankruptcy estate, so Canada Revenue Agency will send it directly to your trustee, so there will be nothing for you to include in your income.
However, for the 30,000 low income Canadians who file a bankruptcy each year, who have no assets to sell or whose wages are too require an income based payment, a trustee asks for fees up front in the form of a «fee guarantee» and are paid over and above any money collected in a debtor's estate realization such as an income tax refund.
The trustee is then allowed to liquidate certain bankruptcy estate assets to generate funds to repay creditors in priority order established by bankruptcy laws.
Yes, putting 90 % of her assets in a low - cost S&P 500 index fund and 10 % in short - term government bonds are the instructions Warren Buffet has left the trustee who will manage his estate once he is gone.
Property that is included in the bankruptcy estate must be reported to the bankruptcy court trustee.
The priority and non-priority titles indicate the order in which the trustee disburses money from the estate to creditors.
A bank here in Charlottesville pushed one of our clients to get their estate documents drawn up by an attorney who charged the client thousands of dollars and then wrote the bank in as the trustee in the estate's legal documents.
Or might the trustee's fiduciary obligations to the estate sometimes sit in tension with an interest in maximizing creditors» interests?
Thie Waiver of Probate Bond serves as insurance cover to an institution in the event that any claims arise as a result of it having paid out assets without requiring that a formal appointment of an executor / estate trustee be obtained.
It is a certificate, issued to an executor / estate trustee by the court, confirming the executor / estate trustee's authority, as set out in the will, to administer a particular estate.
Fiduciaries can be executors of wills and estates; receivers in bankruptcy; trustees or administrators of assets for underage or incompetent beneficiaries.
The owner or both co-owners want the bond (s) reissued in the name of a trustee of a personal trust estate.
Fortunately, a trustee for the participant's estate stepped in and provided the necessary instructions to the plan provider.
• Naming a trustee in your estate planning with access to funds sufficient to cover needs of the pet in the event of illness or death of the owner.
The Florida Legislature this year revised a law originally passed in 2003 that said owners could leave estates to their pets, provided there's a human named as a trustee.
One trustee has an inactive Real Estate license in California.
In 1994, she became a co-executor of the Judd Estate and in 1996 she became a founding trustee of Judd FoundatioIn 1994, she became a co-executor of the Judd Estate and in 1996 she became a founding trustee of Judd Foundatioin 1996 she became a founding trustee of Judd Foundation.
In a statement, Mr. Schwartzman said he believed that Ms. MacLear's experience with estates and foundations would fill «a void — the role between estate lawyers and gallerists that exists specifically to help living artists to plan, estate trustees to transition, and existing artist foundations to manage programs.»
We had just begun the process of seeking out her heirs to see if there might still be a possibility of including the painting in our exhibition, when Dana Pace, a colleague in SFMOMA's Development Department, received a letter from a trustee representing Mrs. Foster's estate.
Art © Estate of Stuart Davis / Licensed by VAGA, New York, NY Acquisition in memory of John de Menil, Trustee, Amon Carter Museum, 1961 — 1969 1967.195
The Whitney Museum, with its system of wealthy trustees and ties to the real estate industry perpetuates a model in which culture enhances the city and benefits the 1 % of our society while driving others into financial distress.
Works from the life estate of Paul Mellon, longtime VMFA donor and trustee, are in the newly reinstalled Mellon Galleries, opening on Friday, January 16.
In 1994, she became co-executor of the Judd Estate and in 1996 she became a founding trustee of Judd Foundation and serves as Co-President with her brother FlaviIn 1994, she became co-executor of the Judd Estate and in 1996 she became a founding trustee of Judd Foundation and serves as Co-President with her brother Flaviin 1996 she became a founding trustee of Judd Foundation and serves as Co-President with her brother Flavin.
In 1995 when the Museum severed its ties with the Kansas City Art Institute, it was placed under the governance of an autonomous nonprofit trust estate, the Kemper Museum Operating Foundation, and Mr. Kemper became Chairman of the Board of Trustees.
Although the Museum of Fine Arts, Houston's, collection of post-World War II art has grown in recent years, thanks in large part to bequests from life trustee Caroline Wiess Law and Los Angeles real - estate developer Edward R. Broida, the museum still lacks permanent gallery space to showcase it.
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