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 suburb
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 suburb
in Arlington Heights or move to one of two alternate sites
in the northwest suburb
in 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 Foundatio
In 1994, she became a co-executor of the Judd
Estate and
in 1996 she became a founding trustee of Judd Foundatio
in 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 Flavi
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 Flavi
in 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.