Sentences with phrase «for valuable consideration»

For the death benefit to be received tax - free, there can be no exchange for valuable consideration.

We thank you in advance for the valuable consideration you will give to this request.

In order for the proceeds to be received tax - free, there can be no exchange for valuable consideration.

«A transfer for valuable consideration of land registered with an absolute title, when registered, confers on the transferee an estate in fee simple in the land transferred, together with all rights...»

It doesn't matter what type of life insurance you receive; you pay no income tax on it as long as you didn't purchase the policy or if the owner transferred the policy for valuable consideration from the owner just for the death benefit.

«So they are clearly selling fetal tissue for valuable consideration and for a profit — and that is very clearly against the law.»

No collection agency, agent or company shall commence or continue an action for the recovery of a debt in the name of the collection agency as plaintiff unless such debt has been assigned to the collection agency in good faith by written instrument for valuable consideration and notice of such assignment has been given to the debtor.

In a transfer of freehold or leasehold land by the beneficial owner for valuable consideration, unless the transfer is expressed to be a quitclaim:

I think this «bird - dog» activity is clearly assisting in the procuring of prospects for a valuable consideration.

There are cerain exceptions to this general rule including policies that were transferred for valuable consideration (IRC § 101 (a)(2)-RRB-.

The transfer of a life insurance policy for valuable consideration may be taxed unless the transfer qualifies for an exception under IRC Section 101 (a)(2).

Suppose that in exchange for valuable consideration, Sam contracts to pay you a fixed sum of $ 100 and that payment is all that's left for mutual contract performance.

- Leave must not prejudice third parties who have acquired, in good faith and for valuable consideration, interests in the property which are covered by the order.

granting leave must not prejudice any third parties who have acquired an interest in property subject to the order in good faith and for valuable consideration.

The B.C. Court only recognized the daughter's original ownership that ceased on her transfer to her mother «for valuable consideration — needed funds to buy a car.»