Sentences with phrase «on behalf of the beneficiary»

If you're the trustee of a deceased estate, the estate pays tax on behalf of the beneficiaries of the super.

You can also set up a trust account to hold assets on behalf of a beneficiary.

Anyone can contribute money on behalf of a beneficiary.

The fiduciary is expected to make sound investment choices on behalf of the beneficiary.

A trust, also called a living trust, is a legal arrangement that gives a trustee authority to hold assets on behalf of your beneficiaries.

Any individual with a Social Security number or federal Taxpayer Identification Number who is a U.S. citizen or resident alien can open an account and contribute to a Minnesota College Savings Plan account on behalf of any beneficiary.

On behalf of the beneficiaries youth, Eric Quonor expressed their profound appreciation and gratitude to the Petroleum Minister.

Hurd added: «I see plenty of evidence of charities announcing campaigns, or holding the government's feet to the fire on behalf of their beneficiaries.

Speaking on behalf of the beneficiaries, Malam Muhammadu Labbo, thanked the national commission for fulfilling the promise it made to the IDPs.

Account Owner: You, or the person who will manage the investment options of the account, and the use of funds on behalf of the Beneficiary.

High Account Maximum You can contribute on behalf of a beneficiary until the total balance of all CollegeInvest 529 plan accounts held for the same beneficiary reaches an aggregate maximum balance, which is currently $ 400,000.

A Foundation can hold assets in its own name on behalf of beneficiaries.

This representative, who may be an attorney or the executor of the victim's estate, files the claim on behalf of the beneficiaries.

Tuomi's husband and the administrator of her estate filed a wrongful death lawsuit on behalf of her beneficiaries and a survival action against Extendicare and Kendric Manor.

Trustees must therefore keep careful records of all estate income and expenditures on behalf of the beneficiaries.

The executor or administrator of an estate may bring a cause of action on behalf of the beneficiaries of the estate.

Obtained billion dollar settlement following multiple suits litigating the Estate of Howard Hughes on behalf of beneficiaries.

I do a lot of work on behalf of beneficiaries of policies who, call it what it is, get screwed out of a death benefit by companies that have no business being in the business.

Trust is a type of a contract where the trustor gives the trustee the right to hold and invest assets or properties on behalf of the beneficiary.

Any individual with a Social Security number or federal Taxpayer Identification Number who is a U.S. citizen or resident alien can open an account and contribute to the MI 529 Advisor Plan account on behalf of any beneficiary.

Registered Education Savings Plan (RESP): A plan that enables a contributor, on a tax - deferral basis, to accumulate assets on behalf of a beneficiary to pay for a post-secondary education.

In that case the executors or administrators of your estate can take this up on behalf of the beneficiaries of your will (or next of kin if you didn't leave a will — usually they will be one and the same anyway).

Some 70 % of shares in U.S. - listed companies today are held by mutual funds, pension funds, insurance companies, sovereign funds, and other institutional investors, which manage them on behalf of beneficiaries such as households, pensioners, policy holders, and governments.

Any individual with a Social Security number or federal Taxpayer Identification Number who is a U.S. citizen or resident alien can open an account and contribute to a Michigan Education Savings Program (MESP) account on behalf of any beneficiary.

The trustee, on behalf of the beneficiary, will make a bid and buy the property.

A plan that enables a contributor, on a tax deferral basis, to accumulate assets on behalf of a beneficiary to pay for a post secondary education.