Sentences with phrase «grantor for»

(2) The money or consideration is paid by the credit grantor or is derived from the buyer's payments to the credit grantor for costs, fees, finance charges, or principal.

irrevocable trust that pays a fixed annuity to the grantor for a defined term, with the remainder of the trust passing to a noncharitable beneficiary

[A] mounts paid or allowed to, or on behalf of, an individual to enable him to pursue studies or research are considered to be amounts received as a scholarship or fellowship grant for the purpose of section 117 if the primary purpose of the studies or research is to further the education and training of the recipient in his individual capacity and the amount provided by the grantor for such purpose does not represent compensation or payment for the services described in subparagraph (1) of this paragraph.

Further ordered that County contracts between the County and its vendors, guarantees or grantors, shall not require that the County Executive or the Deputy County Executive have their signature notarized, unless there is a requirement imposed by a third party such as a grantor for notarization, or if a contract is required to be filed with the Erie County Clerk's Office; and it is

grantors, shall not require that the County Executive or the Deputy County Executive have their signature notarized, unless there is a requirement imposed by a third party such as a grantor for notarization, or if a contract is required to be filed with the Erie County Clerk's Office; and it is

Retired Senior Volunteer Program: Seniors concludes the Trump 2018 Budget Blueprint would eliminate all funding for the Corporation for National and Community Service, which is the grantor for the very popular Retired Senior Volunteer Program (herein referred to as «RSVP»).

Not exact matches

«One potential issue with a grantor trust structure [for a bitcoin ETF] is that assets within a grantor trust structure have historically had to be physical assets as well as homogenized.

For tax purposes, exchange - traded products come in one of five structures: open - end funds; unit investment trusts (UITs); grantor trusts; limited partnerships (LPs); and exchange - traded notes (ETNs).

For investors looking to simplify their taxes without K - 1s, grantor trusts and ETNs might look more appealing.

If income is attributable to U.S. sources, income tax for the trust is the responsiblity of the grantor.

The Trust is classified as a «grantor trust» for US federal income tax purposes.

• the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that the Sponsor determines that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;

These shares do not include 1,213,435 shares, valued at approximately $ 247,856,233 on March 20, 2015, that Mr. Pearson, as the grantor, previously contributed to the J. Michael Pearson grantor retained annuity trust, for which he is not the trustee and in which he has no pecuniary interest; however, the shares in this trust remain subject to the same selling restrictions as applicable to Mr. Pearson.

the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;

«When you apply for a grant, you apply with an intent, a contract between grantee and grantor,» McCloud said.

I have completed my grantor's form... waiting for the screening date..

Carefully customize the same application for different grantors.

Consider this language from the first of these PLRs: «A scholarship or fellowship grant represents payment for services when the grantor requires the recipient to perform services in return for the granting of the scholarship or fellowship.

A requirement that the recipient pursue studies, research, or activities primarily for the benefit of the grantor is treated as a requirement to perform services.

A scholarship or fellowship grant conditioned either upon past, present, or future services by the recipient, or upon services that are subject to the direction or supervision of the grantor, represents payment for services» (PLR 9851002).

Fellowship grants to individuals «made primarily to assist scholars and creative artists to carry on their own works of research and artistic creation» for which the grantor has no control over the outcome of the research were considered gifts (Stone v. Commissioner, 1954; 23 T.C. 254).

More and more, grantors are looking for alignment to Common Core State Standards too.

The narrative for your grant application will tell the grantor who you are (demographics), what you are trying to accomplish (goals), and why you need to accomplish your goals (rationale).

Grant funds account for monies that have restrictions on their use imposed by grantors such as federal and state governments.

Most credit grantors cut monthly updates that correspond to the billing cycle for specific customer segments.

Mesabi Trust is a grantor trust in the United States, which protects the Trust Estate and to collects and distributes the income and proceeds there from to the Trust's certificate holders after the payment of, or provision for, expenses and liabilities.

While this restricts you, the grantor, from control of the trust for its duration, an irrevocable trust is very tax advantageous.

The grantor of the trust can create specific objectives for the beneficiaries in the trust to get trust funds.

Typically, a trustee will have the discretion to distribute funds for the health, education and welfare of the individual, but can withhold mandatory distributions until 25, 30, 35, or older, depending upon the wishes to the grantor of the trust.

A qualified terminable interest property enables the grantor to provide for a surviving spouse and maintain control of how the trust's assets are distributed once the surviving spouse dies.

For the ILIT to be recognized, the grantor must give control over to the trustee of the trust.

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 credit bureau charges the credit grantor a fee for every credit report sold.

When a credit grantor, direct marketer or potential employer makes a request for information from a consumer's credit report, an inquiry is shown on the report.

Your next option is to purchase our credit repair service to get it fixit, if you need to increase your credit score for any reason, this is your best choice, Joe's Credit Repair can challenge your late payments on your credit, disputing with the credit bureaus after you try your best with the credit grantor.

The information is used for identification purposes and matching the information supplied by credit grantors.

In 1958 (two years after they'd founded the company) their released their first scoring system for American Investments, which was the only company out of the top 50 credit grantors to positively reply to their invitation to explain credit scoring in person.

Suppose George establishes an irrevocable «grantor trust» for the benefit of his daughter, Sally.

The ILIT should be drafted as a grantor trust, which allows the sale to skirt both the three - year rule and any transfer for value issues.

The income taxes decrease the grantor's estate, and, because the taxes are on income treated as the grantor's for income tax purposes, they are not treated as gifts for Federal gift tax purposes.

Another key distinction for CRATs, CLATs and CRUTs, CLUTs, is whether the trust will be treated as a grantor or non-grantor trusts.

They are also ideal for «gifting» to younger generations and for holding assets outside of the grantor's estate for pre-Medicaid planning.

Charge or receive any money or other valuable consideration solely for referral of the consumer to a retail seller or to any other credit grantor who will or may extend to the consumer, if the credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public;

(2) Charge or receive any money or other valuable consideration solely for referral of the buyer to a retail seller or to any other credit grantor, who will or may extend credit to the buyer if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public;

If they're minors (under age 18), you should probably establish grantor trusts for each of them and name the trusts as the beneficiaries.

Spouses and grantor trusts filing jointly can claim a 5 percent tax credit on contributions up to $ 3,840, for a maximum of $ 192 per qualified beneficiary.

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.

As you know, a charge off account is not healthy for your credit, by removing this negative remark, your credit score boost up and your credit look better for credit grantors.

In order to obtain credit, one has to apply for it through a credit grantor, such as a credit card company.

A credit repair business and its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit repair business, shall not do any of the following: (1) Charge or receive any money or other valuable consideration prior to full and complete performance of the services that the credit repair business has agreed to perform for or on behalf of the consumer; (2) Charge or receive any money or other valuable consideration solely for referral of the consumer to a retail seller or to any other credit grantor who will or may extend credit to the consumer, if the credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public; (3) Represent that it can directly or indirectly arrange for the removal of derogatory credit information from the consumer's credit report or otherwise improve the consumer's credit report or credit standing, provided, this shall not prevent truthful, unexaggerated statements about the consumer's rights under existing law regarding his credit history or regarding access to his credit file; (4) Make, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying for an extension of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale of the services of a credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a credit repair business.