Not exact matches
Answers
often focus not just on the potential for market downturns to affect your ability to
liquidate assets, but even the 2 - 3 day delay in fund availability being a potential disaster.
The proceeds of a life insurance policy are payable immediately, allowing heirs to take care of these taxes, funeral costs and other debts without having to hastily
liquidate other
assets,
often at a fraction of their true value.
Chapter 7 bankruptcy is
often called as «liquidation» because the bankruptcy trustee in your Chapter 7 bankruptcy case has the option to
liquidate, or sell, any of your non-exempt
assets.
Often, the simplest way to convert a business is to dissolve, and totally
liquidate the
assets of, a corporation or LLC, distributing the
assets to shareholders and / or owners.
Agents who sell survivorship life insurance
often point out that your beneficiaries can pay estate taxes with the proceeds of your policy, so they won't be forced to sell your house quickly or
liquidate assets to pay an estate tax bill.
The proceeds of a life insurance contract are payable immediately, allowing heirs to take care of estate duty liabilities, funeral costs, and other debts without having to
liquidate assets,
often at a fraction of their true value.
They are highly motivated to
liquidate nonperforming debt and typically offer these junior debt
assets for a fraction of their face value,
often under 20 %.