Sentences with phrase «in irrevocable»

We have a family property (located in Louisiana) that needs to be placed in an irrevocable trust or limited family partnership.

Holding assets in an irrevocable life insurance trust, which requires talking with the beneficiaries about it, including the crummy letters, is just good training for future generations.

Thus, even if the trustmaker is later sued or embroiled in financial problems, the nest egg placed in the irrevocable life insurance trust will be secure.

Holding assets in an irrevocable trust for future generations is good planning.

If your combo policy contains a long - term - care rider called an «indemnity» benefit, you can place the insurance policy in an irrevocable trust.

People expecting to rely on Medicaid subsidies to provide also benefit from whole life insurance plans when they are held in an irrevocable trust.

To avoid inclusion in the insured's taxable estate, it is common for survivorship policies to be owned in an irrevocable life insurance trust (ILIT).

(See also: 7 Reasons To Own Life Insurance in an Irrevocable Trust.)

This not only allows for easy comparison of costs between carriers, but also works well in irrevocable life insurance trusts (ILIT's) since cash is of no consequence.

Holding the policy in an irrevocable trust allows the insured to keep the policy out of his or her taxable estate, possibly reducing eventual estate tax liability, though they give up rights to access the cash value prior to death.

[citation needed] Another example is the legal infrastructure which allows life insurance to be held in an irrevocable trust which is used to pay an estate tax while the proceeds themselves are immune from the estate tax.

It'll provide financial security to your beneficiaries to help offset the cost of estate taxes if you haven't set it up in an irrevocable life insurance trust.

But if neither spouse needs money a great way to increase an estate and pay any estate taxes is with a second to die life insurance policy, perhaps in an irrevocable trust.

As mentioned in the irrevocable definition above, any terms and conditions defined in the agreement can not be amended in the future unless by court order.

Inadvertently missing a requisition when filing a response to an office action can result in the deemed abandonment of the patent application which, if not rectified, results in the irrevocable loss of the patent application possibly without further notice to the applicant.

Does that tax exclusion apply when I place my house in an irrevocable...

There's no technical limitation or minimum requirement, but two practical factors would be: 1) in an irrevocable trust, you are placing some of your assets forever outside of your control and you can not directly benefit from them, and 2) since you can not be a trustee of your own irrevocable trust the trust will have to contain enough assets to pay the trustees for their time as well as to pay the beneficiaries for whom the trust is set up.

Thus, even if the trustmaker is later sued or embroiled in financial problems, the nest egg placed in the irrevocable life insurance trust will be secure.

Holding assets in an irrevocable trust for future generations is good planning.

Holding assets in an irrevocable life insurance trust, which requires talking with the beneficiaries about it, including the crummy letters, is just good training for future generations.

You are throwing up smokescreens that silence real issues in irrevocable ways.

Hartshorne finds important evidence for this modal asymmetry between past and future in the human ability to remember past events vividly and in detail and to anticipate the future only vaguely and generally.50 Moreover, he holds that the past is completely fixed in irrevocable detail, since every event, once it is actualized, is real forevermore.

And that's not even getting into the idea that not all Christians believe in an irrevocable Hell (or that even those that do don't believe in second chances), or other things we take for granted that are essentially untestable (a painting can be prooven to exist, but is it «Art?»)

The shares now sit in an irrevocable trust for the benefit of Redstone's grandchildren, but still under his control.

Not exact matches

That, of course, is the ultimate goal of the euro area, but irrevocable intermediate steps in that direction will lead to jointly determined fiscal policies and conditional financial transfers.

«We're pretty blunt about telling new customers that until we get to know them better, we insist on payment in advance — for which we give them a 2 % price discount — or payment through a confirmed, irrevocable letter of credit,» says John Kirchgeorg, the owner of Life Corp., a manufacturer of emergency oxygen units in Milwaukee.

Not everything is critical at this very moment; not all things are urgent or important in the scheme of our lives; and in a lot of cases if we're offered a reasonable choice and some (financial) incentives, we're perfectly willing to wait for stuff as long as (a) the choice is ours and (b) the choice isn't irrevocable.

As the shareholder whose children are in the business, you purchase the life insurance that originally supported the buy - sell agreement and put it into an irrevocable life - insurance trust.

At a basic level, in order to be classified as a fast payment service the system must provide interbank, account - to - account payments in less than one minute end - to - end and be irrevocable.

However, by uploading, posting or submitting User Content to the Sites or to our pages or feeds on third party social media platforms (e.g., Daily Harvest's Facebook page, Instagram page or Twitter feed), you hereby grant Daily Harvest a nonexclusive, royalty - free, worldwide, perpetual, irrevocable and fully sublicensable right and license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and publicly display your User Content, in whole or in part, and your name, likeness, voice and persona in any manner or media and for any purpose whatsoever at our sole discretion, including, without limitation, for publicity, promotional, advertising, trade, business, illustration, artistic and other commercial and noncommercial purposes.

A core account can be established with an irrevocable minimum contribution of $ 5,000 and invested in any of the index or actively managed pre-approved investment pools.

By Submitting User Content via the Site, you grant Franklin Templeton and its affiliates, subsidiaries, directors, officers, employees, agents, licensors, assigns and vendors a perpetual, worldwide, irrevocable, nonexclusive, paid - up, royalty - free, sub-licensable and transferable license to copy, broadcast, perform, distribute, store, modify, adapt, translate, publish, sell, create derivative works from or otherwise use any User Content, in any manner, in any medium now known or later developed.

Because money gifted to a child in an UGMA / UTMA account is irrevocable, you shouldn't mix UGMA / UTMA and non - UGMA / UTMA assets in the same 529 account.

Also keep in mind that gifts to charity are irrevocable and final.

«The Contingent Credit Facility does not provide Trans Mountain with funds on demand and at its sole discretion... is not irrevocable... [and] not meet the requirements of automatically renewing and remaining in force.»

And on Resurrection Morning and every morning till time gives way to forever, it is the Resurrection Women who know their incredible worth to Christ, who know their immense calling in Christ, who know their irrevocable gift through Christ, and everywhere in this new world of new ways, they too will bring the Presence of Resurrection, will relentlessly Practice Resurrection, and will always embody the rising Power of the Resurrection.

Only the dualistic form of the modern Western consciousness, which is grounded in an absolute distinction between the subject and the object of consciousness, instills us with the seemingly irrevocable sense that the world or reality stands wholly outside of consciousness itself.

They are in fact «irrevocable» (Romans 11:29).

Whether or not we choose to so understand the original Christian gospel of the dawning of the Kingdom of God, it is clear that the radical Christian affirms that God has died in Christ, and that the death of God is a final and irrevocable event.

True, every man today who is open to experience knows that God is absent, but only the Christian knows that God is dead, that the death of God is a final and irrevocable event, and that God's death has actualized in our history a new and liberated humanity.

But we could too easily replace this shallowness by another, cruel as sentimental attitudes inevitably are, which leaves out of account the presence in human life of the sheerly irrevocable, of that which has been done, and it is now too late to undo, of the damage inflicted on others that can not be put right and that no interpretation can possible render edifying.

The Four Irrevocable Directives identified in the Declaration Toward A Global Ethic, which was drawn up at the 1993 Parliament of the World's Religions, may serve as a guide to this discussion.

The Christian must normally adopt an analogous attitude in theory and practice in regard to teachings and moral precepts of the Church which are put forward authoritatively by the Church, even if not as irrevocable dogma.

Totally committed as he is to the full epiphany of faith in the concrete moment before him, the contemporary Christian must accept the death of God as a final and irrevocable event.

In the first place it can be taken as axiomatic in the Catholic view of faith that where the Church's magisterium has once unambiguously required at any time an absolute, ultimate and unconditional assent of faith to a definite doctrine as revealed by God, the doctrine in question is no longer subject to revision and is irrevocablIn the first place it can be taken as axiomatic in the Catholic view of faith that where the Church's magisterium has once unambiguously required at any time an absolute, ultimate and unconditional assent of faith to a definite doctrine as revealed by God, the doctrine in question is no longer subject to revision and is irrevocablin the Catholic view of faith that where the Church's magisterium has once unambiguously required at any time an absolute, ultimate and unconditional assent of faith to a definite doctrine as revealed by God, the doctrine in question is no longer subject to revision and is irrevocablin question is no longer subject to revision and is irrevocable.

Whatever the topic at hand, Wyschogrod's thought orbits a single center of gravity: God's free yet irrevocable love for the people Israel, and in connection with Israel, for the world as a whole.

In Gall's case, this juxtaposition not only reduces philosophy and theology to mere «bluster,» thereby liberating us to act without thinking seriously; it suggests that none of the consequences that follow from, for example, the codification of same - sex marriage — the redefinition of kinship, the irrevocable technologizing of human «reproduction,» further expansion of the «new eugenics,» deliberate creation of three - parent households, and least of all, the fate of children conceived in this brave new world — even provoke questions of human import worth thinking seriously abouIn Gall's case, this juxtaposition not only reduces philosophy and theology to mere «bluster,» thereby liberating us to act without thinking seriously; it suggests that none of the consequences that follow from, for example, the codification of same - sex marriage — the redefinition of kinship, the irrevocable technologizing of human «reproduction,» further expansion of the «new eugenics,» deliberate creation of three - parent households, and least of all, the fate of children conceived in this brave new world — even provoke questions of human import worth thinking seriously abouin this brave new world — even provoke questions of human import worth thinking seriously about.

Yet the position flows quite inevitably from Wyschogrod's first principles — above all, from his understanding of Jewish identity as participation in the family of God's irrevocable election.

This may be reformulated in terms of the Golden Rule, found in various religions, and in terms of «irrevocable directives» concerning commitment to cultures of truth and tolerance, nonviolence and respect for life, economic justice, and equal rights and partnership between men and women.

All shared the excruciating pain of human brokenness, the irrevocable fracture in a relationship that had once brought joy and fulfillment.