Sentences with phrase «names of beneficiaries on»

You've probably also changed the names of the beneficiaries on insurance policies and pension benefits.

The Committee has been mandated to find out details of the contract, number of units supplied, their mode of distribution and names of beneficiaries on a State by State basis.

Not exact matches

See this month's ESOP Report to read about a new pro-ESOP bill, learn how to educate employees on the rights and responsibilities of being an owner, understand the issues when minors are named beneficiaries, see the list of nominees to the Board of Governors, and more.

It is important to note that the beneficiaries must be named on the IRA, otherwise assets will pass according to the rules of succession as outlined in the applicable Fidelity IRA Custodial Agreement and Disclosure Statement (PDF).

The executive order in question, issued by President Clinton and affirmed by President Bush in 2002, states that while religious organizations that receive federal funds can not discriminate against beneficiaries of their programs, they «may retain religious terms in its organization's name, select its board members on a religious basis, and include religious references in its organization's mission statements and other chartering or governing documents.»

In consideration of being permitted to participate in any way in the ALL SPORTS SERIES AND CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») Program indicated below and / or being permitted to enter for any purpose any restricted area (here in defined as any area where in admittance to the general public is prohibited), the participant and the parent (s) and / or legal guardian (s) of the minor participant named below agree:

Lessen the impact of estate and generation - skipping taxes on a family's inheritance by naming Old Sturbridge Village as the beneficiary, thereby removing the asset from the donor's taxable estate.

Lessen the impact of income estate and generation - skipping taxes on a family's inheritance by naming Old Sturbridge Village as the beneficiary thereby removing the asset from the donor's taxable estate.

SHANGHAI (Reuters)- The Chinese government is set to issue a formal proposal to prompt consolidation among domestic infant formula firms, a state - run newspaper said on Friday, naming Inner Mongolia Yili Industrial Group as one of the likely beneficiaries.

When the list of beneficiaries was published by the New Patriotic Party (NPP) on 5th December 2016 at a press conference organised for the purpose towards the elections, I expected that Koku Anyidoho whose name appeared as having received GHS100, 000.00 and GHS13, 000.00 respectively on 1st and 10th May 2011 through Agricultural Development Bank cheques numbered 809090 and 809093 would sue for defamation to vindicate his honour.

When the list of beneficiaries was published by the New Patriotic Party (NPP) on 5 th December 2016 at a press conference organized for the purpose towards the elections, I expected that Koku Anyidoho whose name appeared as having received GHC100, 000.00 and GHC13, 000.00 respectively on 1st and 10th May 2011 through Agricultural Development Bank cheques numbered 809090 and 809093 would sue for defamation to vindicate his honour.

The Court upheld an application filed on Friday, November 4 by the former Minister of Justice to examine the embattled businessman to name beneficiaries of the GH cents 51.2 million judgement debt paid to him.

Typically, any person or entity can be named a beneficiary of a trust, will or life insurance policy, and the one distributing the funds, or the benefactor, can put various stipulations on the disbursement of funds, such as the beneficiary attaining a certain age or being married.

Charity as beneficiary: Similar to leaving a bequest through a will is naming the charity as the beneficiary of your life insurance policy directly on an application.

For example, if an individual owns a policy based on the life of his spouse and names himself as the beneficiary, this policy will not be creditor proof.

Married couples can either name each other beneficiaries of their own life insurance policies, or own policies on one another.

For example, you can easily name beneficiaries on your own, title assets as joint tenancy with right of survivorship on your own, and even create your own trust using an online service such as Nolo.

CDs: Hold property in joint tenancy with right of survivorship (or as tenancy by the entirety if owners are spouses), transfer title to a revocable living trust, or name a payable - on - death beneficiary.

If the student beneficiary named on the plan doesn't need the money, it can be transferred to an eligible family member of the student, like a sibling, child, parent or spouse.

Money Market Accounts: Hold property in joint tenancy with right of survivorship (or as tenancy by the entirety if owners are spouses), transfer title to a revocable living trust, or name a payable - on - death beneficiary.

If two beneficiaries are listed on an employment life insurance policy split up 50/50, and one of the beneficiaries are not found (due to no contact information or last name etc) would the other beneficiary receive the 100 % or only the 50 % originally placed?

You have a variety of options when it comes to naming a beneficiary on your life insurance policy.

Our financial advisor says that we do not need a trust because we have named both of our grown children as beneficiaries on all of our accounts and on the deed to our house.

Check the beneficiaries on all of your accounts to make sure both the names and addresses are correct.

Also note that with a trust or POD account, the base FDIC insurance limit of $ 250,000 is multiplied by the number of beneficiaries; e.g., if you have 2 beneficiaries named on a POD account (CD, savings, checking, etc.), your account is insured up to $ 500,000.

In the event of the insured's death, a life insurance death benefit will be paid to the named beneficiary on the policy - provided a claim is filed.

«Guaranteed 48 hours Fund Value release» means release of the cheque on intimation of death of Life Insured towards the Fund Value accrued under your policy, in the beneficiary's name within 48 hours and does not in any way indicate acceptance of any other policy liability.

Another name would be «death» insurance, since the focus is on providing for the insured's beneficiary upon the death of the insured.

In contrast, naming individual beneficiaries will allow each beneficiary to take an RMD based on their life expectancy, which can stretch an IRA's earnings out for a longer period of time.

Can I name a number of children as beneficiaries on each TFSA acct.

The primary disadvantage of naming a trust as beneficiary is that the retirement plan assets will be subjected to required minimum distribution (RMD) payouts, which are calculated based on the life expectancy of the oldest beneficiary.

If the estate is the beneficiary on an RRSP and then you are named the beneficiary in the will you can still use this advantage, however, the tax will be due and you will have to apply for a refund of the taxes with the CRA which will be a much longer process.

Name a RRIF beneficiary: Assets in a RRIF automatically pass on to your beneficiaries in the event of your death.

If you plan to give thousands of dollars to a special kid, you can set up a 529 account on your own and name the kid as a beneficiary, but for most people that's an excessive gift.

If you die during the policy term, the policy pays out the predetermined sum of money (or death benefit) to your named beneficiary (ies) as long as you continued to pay your premiums on time.

Children as Beneficiaries There are two ways to accomplish the goal of having children named as beneficiaries on your term life insuBeneficiaries There are two ways to accomplish the goal of having children named as beneficiaries on your term life insubeneficiaries on your term life insurance policy.

For instance, a single retired person who gets married a few years into retirement would need income to cover two individuals, not just one — and would likely need to revisit estate planning To stay on top of potential family changes, each year review important estate planning documents — including beneficiaries named on retirement accounts, the person named as a power of attorney, and who will direct the living will.

1835 Younge Street, 8th Fl., Toronto, On, M4S 1X8, Canada Contact Persons: Geoffrey Martin (Advisor / Senior Vice President - Institutional Trading), John Adams (Compliance Officer) Ph: [phone] Fax: [phone] [email protected], [email protected], [email protected], [email protected] and [email protected] www.hinsleyford.com BANK ACCOUNTS Beneficiary name: Clearfield Holdings Ltd Account number: OSA90000202703100 Bank name: Bank of Communications Co., Ltd Beneficiary name: Clearfield Holdings Ltd Account number: OSA90000202704200 Bank name: Bank of Communications Co., Ltd

A reissue transaction is a reportable event if a living owner, principal co-owner, surviving co-owner, beneficiary, or other person entitled to ownership (for example, an heir upon the death of persons named on the bond) is not named owner or principal co-owner in the new registration on the bond issued in the transaction.

Gifts of Retirement Assets are a great way to relieve you of the responsibility of paying income and estate tax on the residual left in your retirement account just by naming the AACSPCA as beneficiary of your IRA, 401 (k), etc..

Another wonderful way to support the animals you care about is to name Heart of the Valley as the beneficiary on your:

While many arguments were raised in the courts below, Justice Brown focused the issue on what happens where a support payor dies with a life insurance policy who was required by court order to name a spousal or child support recipient as the irrevocable beneficiary of the policy.

If you have a will, living trust, life insurance policies, and other assets with named beneficiaries, it is important that you seek the advice of a lawyer as soon as possible to determine the effect a divorce may have on your estate planning.

«For married people, naming a spouse as the beneficiary of an RRSP or an RRIF is the most tax - efficient way to pass on that money,» says Feldman.

(ii) provisions naming the Owner as an intended third party beneficiary of such confidentiality obligations set forth in the agreement with the third party, with the right to enforce such confidentiality obligations in respect of its Confidential Information directly against the third party and providing for the delivery by the third party of a certificate to such effect to the Owner on request from the Owner.»

When setting up collateral assignment of life insurance, it is very important to remember that the lender should never be named as beneficiary on the policy.

The Trustee, on behalf of the trust, then writes a check to the Federal Government for the balance of the estate tax due and the remaining estate assets pass to the named beneficiaries in tact.

Married couples typically will either name each other beneficiaries of their policies or own coverage on each other.

Privacy is still important even after death, so you might not think you would have the right to inquire about a death benefit if you are not the immediate family member, however there are circumstances where even if you are not the next of kin you may have the right to information; For example, if you are the beneficiary named on the policy.

If you do not name a beneficiary, the funds will go into the probate depending on the laws of your country.