Sentences with phrase «grantor so»

Not exact matches

So we came up with an action plan to do that and the grantors gave us $ 5,000 to implement it, and so we implemented the plan, so all the teachers in the district got the traininSo we came up with an action plan to do that and the grantors gave us $ 5,000 to implement it, and so we implemented the plan, so all the teachers in the district got the traininso we implemented the plan, so all the teachers in the district got the traininso all the teachers in the district got the training.

And remember, potential credit grantors will likely consider your debt to income ratio, so be sure to keep your level of debt well below your income.

As icing on the cake, an IDGT may be set up so that the grantor authorizes the use of trust income to pay life insurance premiums on the grantor's or the grantor's spouse's life.

This is a more stringent calculation that may likely result in higher income payments made to the trustmaker so this approach may or may not be preferred depending upon whether the goal is to transfer MORE or LESS income to the grantor.

So often these days, children acting under a power of attorney who stand to inherit the assets of the grantor act like the money is theirs, even taking money while their parents are still alive.

The AFR is useful for tax concepts such as Original Issue Discount (when issuers sell low - interest or no - interest bonds or loans at less than face value, attempting to recharacterize interest income as return of principal), various grantor trusts (e.g. GRATs), and so forth.

The assets in a charitable trust aren't part of the grantor's taxable estate so upon death of the grantor, these assets won't be subject to estate taxes

For example, there is the possibility that in any case a part of an original site has ceased to be used for the purposes prescribed under the original deed, so as to give rise to a reverter at that stage, with the result that any claims by or on behalf of the grantor's successors could be out of time.

The CDBF argued (relying on a decision of Rimer J in Habermehl v Attorney General [1996] EGCS 148 and Fraser (No 1)[2001] Ch 669, [2000] All ER (D) 1970) that s 2 of SSA 1841 meant «for the purposes to which the land was devoted by the grantor» so that when the use of the school ceased by 1947 to comply with the model deed of the National Society, that brought about the reverter.

One of the most common forms of trust is the so - called «living» trust, which is set up while the grantor is still alive.