Sentences with word «grantor»

A grantor is a person or entity that gives or grants something to another person or entity. It refers to the individual or organization that transfers ownership or assets, such as property, money, or rights, to someone else. Full definition
The bureaus must also notify the credit grantor of the fraudulent account.
Two asset protection benefits are, one, that an irrevocable trust may be set up for the employee to own the policy, such as an irrevocable life insurance trust OR another type of grantor trust, and this can assure that the policy will not be included in the employee's taxable estate for split dollar estate planning purposes.
ETFs are often considered tax efficient because they generally don't distribute capital gains, but as we wrote in the April issue of NoLoad FundX, certain ETFs can bring unexpected tax consequences: Most ETFs are structured as open - end funds, but some ETFs are structured as partnerships or as grantor trusts and these ETFs can have different -LSB-...]
Grant funds account for monies that have restrictions on their use imposed by grantors such as federal and state governments.
(p) Refer a buyer to a credit grantor for which the credit services organization provides, or arranges for a third party to provide, services related to the extension of credit such as underwriting, billing, payment processing, or debt collection.
For example, if you are transferring your interest in a property to your husband, both you and your husband would be listed as Grantors on a Quitclaim Deed, and your husband would be listed as the Grantee.
CIBIL (India's first credit information bureau), provides comprehensive credit information on consumer and commercial borrowers to credit grantors in India.
In another significant development, the Senate version of the small business tax bill will drop the provision dealing with grantor retained annuity trusts, or GRATs, and instead include provisions expanding availability of Roth accounts.
There is a real need for credit grantors who can understand the sub prime borrower's needs and balance investor return, bring stability to neighborhoods and help consumers make good financial choices about money they borrow.
It also appeared that Owner did not own the home at the time of the purchase contract, as evidence was produced that he received his title on November 18, 1985 from grantors Blank and Gorbach Properties.
Like dog feces on a shoe, the project seemed to carry a whiff of something the big grantors did not want in their portfolios.
Grantor trusts are also often used for various strategies such as using intentionally defective grantor trusts with a «gift and note» concept in order to gain income and estate tax savings.
We're using a combination of business partnerships, innovative new products, mobile platforms and cloud - based services to help credit grantors make affordable credit more accessible to unbanked and underbanked adults worldwide.
Since lead trusts are typically used to pass assets to heirs, non-grantor lead trusts are far more common than grantor lead trusts.
A revocable estate planning trust is now irrevocable after grantor passes away.
In most cases, the trust expires and the assets are given to the original grantor's family members.
Giannasca & Shook, PLLC helps grantors and trustees understand the full range of their legal options and responsibilities.
Credit grantors base their decision on your past credit history.
Another fee is grantor tax, which can be calculated as 0.1 % or $ 0.50 / $ 500, whichever is greater.
The Northern Virginia Transportation Authority and the Hampton Roads Transportation Authority are also able to charge a realty grantor's fee of $ 0.40 per $ 100.
It collects information about consumers» payment habits from credit grantors like banks, savings and loans, credit unions, finance companies, and retailers.
If they're minors (under age 18), you should probably establish grantor trusts for each of them and name the trusts as the beneficiaries.
In addition to helping get a loved one's career off on the right foot, gift grantors get several impressive cost - savings when purchasing the Vertical Media Solutions gift packages.
The ILIT or irrevocable life insurance trust is an inter vivos trust (as opposed to both the credit shelter trust and the QTIP trust which are both testamentary trusts) and is designed with a very simple purpose in mind: the ILIT owns a life insurance policy on the life of the trust grantor so that the death benefit proceeds from the life insurance policy will not be included in the federal gross estate of the insured upon their death.
Common duties seen on Grants Managers resume samples are overseeing the administration of grants, supervising program staff, developing budgets, organizing audits, ensuring compliance with grantor guidelines, and liaising with grant beneficiaries.
Every time a credit grantor looks at your credit file, a credit inquiry appears on at least one of your credit bureau reports.
But she beat the odds, earned her college degree, traveled the world, became a Make - A-Wish grantor.
Many grantors will have sample applications on their websites.
Most credit grantors cut monthly updates that correspond to the billing cycle for specific customer segments.
If the credit grantor reports late, say after six weeks, and then verifies the negative listing, the credit bureau will often reinsert the negative listing on the credit report.
This person can also be referred to as an option grantor or option seller.
When you apply for a new credit card or loan, the credit grantor orders your credit report from at least one credit bureau and analyzes the information to decide whether to grant you credit.
The relationship between CIBIL and its Members is that of close interdependence.At present, over 500 credit grantors across India are members of CIBIL.
Most credit grantors never actually look at your credit report.
Credit grantors post an inquiry before offering you a pre-approved credit card application.
The credit grantor claim to the insurance company then, sell your account to a collection agency and save money on taxes, this account has been already satisfied and you now have two items on your credit report for the same account.
Using a statistical program, the credit grantors compare this information with the repayment history of loans from other consumers with similar profiles.
They simply provide the factual credit history information that credit grantors then use to help make their decision.
To make sure that such gifts qualify for any available annual exclusions from the federal gift tax, beneficiaries of the ILIT are often given a short window of time after a gift is made — 30 days is common — during which they may withdraw their share of the gift, up to the annual exclusion amount of $ 15,000 in 2018 per grantor (donor), per beneficiary.
Each credit grantor selects their own credit score threshold based on their experience and risk appetite.
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