Sentences with phrase «of estate tax payments»

The probate court ensures the proper distribution of the wealth and property of the deceased, both to the beneficiaries and in the form of estate tax payments.

Not exact matches

Some Airbnb hosts generate enough money to cover some or all of their mortgage payment or monthly rent, as well as extras like utility bills and real estate taxes.

While the wealthy do minimize their estate tax payments, mainly by giving to charity, the rich pay most of the estate tax.

In the event Mr. Block's employment terminates due to his death or disability (as defined in his offer letter), he or his estate will be entitled to receive the following payments and benefits (less applicable tax withholdings), in addition to any other compensation and benefits to which he (or his estate) may be entitled under applicable plans, programs and agreements of the Company:

Taxes: The amount of the payment directed to real estate and property tTaxes: The amount of the payment directed to real estate and property taxestaxes.

Business owners who either own their commercial real estate or are responsible for real estate taxes as part of their lease payments are eligible to appeal their tax valuations.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The companies claim that payments were made for Cohen's expertise spanning a sweeping range of topics, including accounting, tax reform, health care, real estate and antitrust.

According to recent charges made by the United States Attorney's Office, Senator Skelos «is accused of illegally obtaining a $ 20,000 payment for ADAM SKELOS from a large real estate developer dependent on DEAN SKELOS for tax breaks.»

Blair Horner, with the New York Public Interest Research Group, says he'd first like to hear an explanation from Speaker Sheldon Silver about the details of alleged payments from a law firm specializing in real estate taxes.

Dec. 29, 2014: The Times reports that federal investigators are probing Silver over payments he received for referring real estate clients to the tax certiorari law firm of Goldberg & Iryami.

Aaron has faced the sort of legal problems — from payment disputes with contractors to his protracted battles with local governments over property tax bills — that are not unusual for real estate developers.

Hereafter, the amount to be raised by tax on real estate in any fiscal year, in addition to providing for the interest on and the principal of all indebtedness, shall not exceed an amount equal to one per centum of the average full valuation of all of taxable real estate within the County, less the amount to be raised by tax on real estate in such year for the payment of the interest on and redemption of certificates or other evidence of indebtedness described in paragraphs A & D of section five of article eight of the constitution of the State of New York.

This would, in effect, transfer the responsibility for the payment of at least $ 40 million of commercial real estate taxes onto the backs of the taxpayers of New Paltz, Gardiner, Esopus and the rest of Ulster County over the next 25 years.

Silver, a Manhattan Democrat who has served as speaker of the state assembly since 1994, has been under federal investigation over payments he received from a small law firm, Goldberg & Iryami, that specializes in New York City real estate taxes.

«Details of the specific charges against Silver were unclear on Wednesday night, but one of the people with knowledge of the matter said they stemmed from payments Mr. Silver received from a small law firm that specializes in seeking reductions of New York City real estate taxes,» the Times reported.

But during his trial, Silver was found to have arranged payments from developers to a law firm that handled property tax appeals for real estate companies, yielding hundreds of thousands of dollars in fees for the speaker.

Perfit, a commercial real - estate broker, is being accused of conflict of interest in voting in favor of a half - million - dollar Pilot (payment in lieu of taxes) deal last week on the controversial project.

Silver was accused of receiving $ 700,000 in payments from one law firm in exchange for using his official position to obtain recurring tax certiorari legal claims of two real estate developer clients with business before the New York State Legislature.

The federal inquiry focused on payments that Mr. Silver received from a small law firm that specializes in seeking reductions of New York City real estate taxes.

Blair Horner, with the New York Public Interest Research Group (NYPIRG), says he'd like to hear from Speaker Sheldon Silver about the details of the speaker's alleged payments from a law firm specializing in real estate taxes.

The other part of the inquiry by Mr. Bharara's office and the F.B.I. focused in part on payments that Mr. Silver received from a real estate law firm, which is not identified in the complaint but which a person briefed on the matter said was Goldberg & Iryami, which specializes in seeking reductions of New York City real estate taxes.

Federal authorities are investigating «substantial» payments made to Assembly Speaker Sheldon Silver by a small law firm that seeks real estate tax reductions for commercial and residential properties in New York City, according to people with knowledge of the matter.

The remarks came in response to questions from reporters about a New York Times story earlier this week which reported that U.S. Attorney Preet Bharara's office is digging into a decade's - worth of payments the legislative leader has received from the real estate tax firm Goldberg & Iryami, P.C. — payments Mr. Silver failed to report on his financial disclosure forms as required.

The Times reported the charges stemmed from payments that Mr. Silver received from a small law firm that specializes in seeking reductions of New York City real estate taxes.

The TIFIA and RRIF loans are secured by liens on pledged revenues comprised of an annual payment of $ 12 million from the RTD and real estate development - related income generated by the project area, including tax increment revenue, a levy on property tax revenues, and lodger's tax revenue.

Accordingly, the amount of potential capital gain at death is also frozen, allowing the estate planner to estimate his or her potential tax liability on death and better plan for the payment of income taxes.

Under current rules, which remain in effect until 2011, starting CPP at the earliest age of 60 entails a 30 - per - cent reduction in monthly payments but «you would have to live well past 75 in order to receive more from the plan than by waiting until the normal retirement age of 65,» writes tax and estate lawyer Christine Van Cauwenberghe in her book, Wealth Planning Strategies for Canadians 2010.

According to recent government figures, the average mortgage payment for people older than 65 accounts for about 14 % of their annual pre-tax income.1 This figure doesn't include money spent on real estate taxes, homeowners» insurance, or ongoing home maintenance and repairs.

The title report includes the full legal description of the property; a summary of real estate tax payments due and paid; and, recent claims made to the property along with notes stating whether those claims have been satisfied (i.e. are no longer in effect).

Flower bonds: U.S. government securities that were issued at a discount from par value, but are acceptable at par in payment of estate taxes.

Extrapolating from this, I would say that for a sale in 2012, on his 2012 tax return (due in three months time), the seller (OP) can deduct all the real estate tax for 2011 (assessed in 2012, due in 2012, and paid in 2012) regardless of whether the buyer or seller made the actual payment (s) during 2012.

Current law permits a lender to collect 1 / 6th (2 months) of the estimated annual real estate taxes and insurance payments at closing.

It should include details on which party is responsible for payment of the mortgage, real estate taxes and insurance; the downpayment made on the mortgage; and necessary repairs.

The amount of tax the estate must pay is the same as if the payment was paid directly to the beneficiary.

An escrow account works like a savings account, but the money in the account can only be used for one purpose, the payment of your annual real estate tax bill and insurance premiums.

Clients interested in this portfolio should consult with their accountant or tax attorney on the tax consequences of investing in this portfolio, as dividend payments made out by the real estate investment trusts («REITs») held in this portfolio could be taxed as ordinary income at the top marginal tax rate.

Under this program the interest rate is TEMPORARILY reduced to a level where payments for the first mortgage, real estate taxes and insurance do not exceed 31 % of your gross income.

When the borrower owns mortgaged real estate, the status of the property determines how the existing property's PITIA (your all - in monthly principal, interest, taxes, insurance and homeowner's association payment) must be considered in qualifying for the new mortgage transaction.

Part of your monthly payment may be deposited into an escrow account (also known as a reserve or impound account) so your lender or servicer can pay your real estate taxes, property insurance, mortgage insurance and / or flood insurance.

These tax payable projections include the eventual payment of taxes on Larry's estate.

The systematic payments would be used to fund a tax - free universal or whole life insurance policy that could either be held in or outside of the estate.

Taxes: The amount of the payment directed to real estate and property tTaxes: The amount of the payment directed to real estate and property taxestaxes.

However, for the 30,000 low income Canadians who file a bankruptcy each year, who have no assets to sell or whose wages are too require an income based payment, a trustee asks for fees up front in the form of a «fee guarantee» and are paid over and above any money collected in a debtor's estate realization such as an income tax refund.

Depending on the size of your estate, your heirs could be hit with an estate - tax payment of up to 45 % after you die.

At least once a year, we perform a review of your escrow account in order to determine if the escrow portion of your monthly mortgage payment is sufficient to cover the annual requirements for your real estate taxes and / or insurance premiums.

The top - up amount represents a refund of a member's lifetime super contribution tax payments into an estate.

Of course shopping for competitive mortgage rates is important, but keep in mind that your monthly payment includes real - estate taxes and homeowners insurance.

Section 10 of the Real Estate Settlement Procedures Act (RESPA) limits the amount of money a lender may require the borrower to hold in an escrow account for payment of taxes, insurance, etc..

The Home Buyers» Plan lets real estate newbies dip into $ 25,000 of RRSP savings tax - free for a down payment.