Given
the modest value of the estate, the Honourable Justice Corthorn ordered Sheila and Kevin to provide an accounting to the Court, and the Court would then determine whether a full passing of accounts would be required and whether the proposed substitution of Sheila and Kevin as estate trustees was appropriate.
Not exact matches
«If they were buying it for the real
estate investment, they made the wrong decision,» says Kelly, who notes that Intrawest's remaining developable property in Whistler had a
modest book
value of between $ 75 million and $ 100 million.
modest proposal discount to real
estate value, low multiple cyclicals at peak earnings, insurers, specialty finance co's on backside
of growth
There are threshold assets
values that would need to be met before this is a concern, but once you factor in home
values and life insurance policies, it is very likely that a person
of even
modest means could have a taxable
estate on the state level.