Sentences with phrase «full cash value»

The assessor may consider comparable sales based on prices actually paid in market transactions when determining whether taxable value exceeds full cash value.

Or if you're redeeming for a premium cabin award, you'd never pay such an exorbitant amount of actual money, so it's not fair to calculate the redemption at full cash value.

You would just need the policy's cash value to return a net 2.5 % interest annually to cut your premium payments in half while maintaining the full cash value.

It limits property tax rates to no more than 1 % of full cash value.

You would just need the policy's cash value to return a net 2.5 % interest annually to cut your premium payments in half while maintaining the full cash value.

When you borrow against your policy (use your cash value as collateral), you are still receiving dividends on your full cash value, AND you get the use of the cash on loan to invest in something else.

In addition, loans can be taken with minimal costs and no penalties at any time (in favorable policies) AND regardless of loans the policy will continue to grow on the full cash value in a properly structured self banking policy.

For a defined - contribution plan, this means the full cash value of the plan, including employer contributions, will be available upon retirement.

How they do this varies from policy to policy, but the general structure is this: the longer you've owned the policy, the easier it is to get the full cash value out of it.

The right mutual life insurance company that is non-direct recognition (in most cases) will allow payment of dividends to continue at the same rates, on the full cash value amount regardless of loan amounts, and this is a huge advantage over loans secured by other financial products such as 401 (k) accounts.

Ohio National practices non-direct recognition, which means the company continues to credit the full cash value in your policy when computing dividends, even if you have an outstanding policy loan.

Usually, the only way to collect the full cash value before death is to surrender (a.k.a. cancel) your life insurance policy.

Options include: 1) surrender for full cash value; 2) paid - up insurance for however much the cash value will purchase; and 3) term insurance for the full face amount.

Generally these can be taken under one of three possible non-forfeiture options: (1) surrender for full cash value; (2) use of the cash value to purchase reduced paid - up life insurance; and (3) use of the cash value to purchase extended term insurance in the full face amount of the original policy for as long as the cash value will pay net premiums.

Usually, the only way to collect the full cash value before death is to surrender (a.k.a. cancel) your life insurance policy.

How they do this varies from policy to policy, but the general structure is this: the longer you've owned the policy, the easier it is to get the full cash value out of it.

You would just need the policy's cash value to return a net 2.5 % interest annually to cut your premium payments in half while maintaining the full cash value.

If you decide to cancel the policy, then you should receive the full cash value equivalency of the remaining policy as a lump payment or schedule of payments.

You can turn this policy in at any time to receive its full cash value, but your grandchildren also have the option to continue it past the age of 21.

Surrender: The return for cancellation of a policy to the insurer by the policyowner in exchange for the policy's full cash value or other equivalent nonforfeiture values.

Whole is active until your death, unless you withdraw the full cash value or stop paying the premiums.

Ohio National practices non-direct recognition, which means the company continues to credit the full cash value in your policy when computing dividends, even if you have an outstanding policy loan.

The reason is that in scenarios with a large loan balance, the fact that there may be little or absolutely no cash value remaining does not change the fact that the tax gain is calculated based on the full cash value before loan repayment.

In addition, loans can be taken with minimal costs and no penalties at any time (in favorable policies) AND regardless of loans the policy will continue to grow on the full cash value in a properly structured self banking policy.

When you borrow against your policy (use your cash value as collateral), you are still receiving dividends on your full cash value, AND you get the use of the cash on loan to invest in something else.

Just keep in mind that your Napa renters insurance is going going to give you full cash value for the items on one and the other is only going to give you part, which is not enough to purchase replacements, causing you to pick and choose what should be replaced.

At a higher premium, you can add a cash value to the amount of the policy, making sure that there will be a cash payout when the contract expires, but it is much more financially sound to purchase term insurance policies for short - term goal, and whole insurance with a full cash value for the bulk of your financial worth.

At the death of the insured, the policy pays a full cash value to the beneficiaries listed in the policy.

Nevada law prohibits a taxable value that exceeds the full cash value of the home, and the county assessor is required to make a reduction if the owner calls to his or her attention the facts warranting it.

@Sean Gallagher, generally speaking, the only way of getting your hands on the full cash value of the equity is to SELL it.

Selling Real Estate isn't cheap... there's no way your getting your hands on the full cash value by selling, unless you know some secret on how to sell for free without compensating on other terms (eg: sales price).

Starting with the 2015 tax year, the Limited Property Value is the only value considered for taxation purposes, the Full Cash Value is no longer used for taxation.

The Valuation Notice will identify your Full Cash Value, Assessed Value and appeal deadlines.