Sentences with phrase «pass such assets»

It can be costly to pass such assets on to heirs because of heavy tax consequences.

It can be costly to pass such assets on to heirs because of heavy tax consequences.

Not exact matches

Nor should you pass up its frank discussion of the accounting problems that underlie such «potentially misstated assets» as accounts receivable, inventories, or goodwill.

Since your debts are transferred to your estate when you pass away, if your liquid assets (such as checking and savings accounts) are large enough to cover them, no debts will be passed on to your spouse or heirs.

After recently mentioning that I would consider an investment in the Vanguard Wellington Fund if I wanted to create wealth in such a way that I did not have to spend much time thinking about investments or intended to pass the ownership stake on to someone that did not have much knowledge about investing (i.e. if you wanted to turn your children into trust fund babies in a way that they could not ruin it, you'd want to set up a restricted trust that only permitted the kids to receive the interest and dividend income generated by the fund, perhaps with the instruction that the assets transfer into an S&P 500 index fund if the Wellington Fund were to ever cease to exist).

Mortgage Lender Escrow Requirement Exemption — Vote Passed (294 - 129, 8 Not Voting) The House passed the bill that would exempt lenders with assets of $ 10 billion or less from the 2010 financial regulatory overhaul requirement that such lenders establish escrow accounts for the first five years of so - called «high - priced» mortgage loans, if the lenders hold the loan on its own balance sheet for three years after the loan isPassed (294 - 129, 8 Not Voting) The House passed the bill that would exempt lenders with assets of $ 10 billion or less from the 2010 financial regulatory overhaul requirement that such lenders establish escrow accounts for the first five years of so - called «high - priced» mortgage loans, if the lenders hold the loan on its own balance sheet for three years after the loan ispassed the bill that would exempt lenders with assets of $ 10 billion or less from the 2010 financial regulatory overhaul requirement that such lenders establish escrow accounts for the first five years of so - called «high - priced» mortgage loans, if the lenders hold the loan on its own balance sheet for three years after the loan is made.

The authors suggest that wealthy black parents are less able to transfer wealth to their kids than their white counterparts, perhaps, due in part to having fewer liquid assets such as stocks, bonds and savings, which can be passed down more easily to the next generation.

Gulati gushed about another Chalkable asset, Learning Earnings, that allows teachers to offer rewards (such as hall passes and lunch) to incentivize positive student behavior.

Assets that pass by contract / beneficiary designation such as retirement assets, annuities, and life insuAssets that pass by contract / beneficiary designation such as retirement assets, annuities, and life insuassets, annuities, and life insurance.

Since your debts are transferred to your estate when you pass away, if your liquid assets (such as checking and savings accounts) are large enough to cover them, no debts will be passed on to your spouse or heirs.

Intestacy laws in other states may have different rules, such as having assets split 50/50 between a surviving spouse and children rather than having all assets pass a surviving spouse.

Assets such as IRAs, life insurance, and annuities generally pass at death to the listed beneficiary.

«It's a good way to provide a source of ready cash that can be used to pay estate taxes on illiquid assets, such as property or businesses, or to allow wealth to pass to your heirs outside your estate.»

However, as time passes, the portfolio will become more conservative by adding new investments in lower risk assets such as bonds or GICs.

Such forms, which usually trump your will if a discrepancy in beneficiaries exists, help ensure those assets will eventually pass to your heirs outside of probate.

While this lets you keep personal assets, such as home or business, within the family, it also means that your beneficiaries may be faced with paying a large estate tax after your passing.

If they need to make an inheritance equal for all heirs (like when a single non-liquid asset such as a house is being passed on), life insurance can provide the flexibility of cash.

Most fiat currencies once represented real, tangible assets in holding (such as gold), but those days have long passed and cash has no inherent value other than your faith in it.

You can link to basic sites such as the Colorado Bar Association's section on estate planning, which offers simple explanations on what you need in an estate plan, questions to ask your attorney, and what your best options are for passing on your personal and business assets.

Assets such as real estate, automobiles, bank accounts and stock accounts that are held in joint tenancy with right of survivorship will pass to the surviving joint tenant upon your death, and not in accordance with any directions in your will.