Sentences with phrase «purpose of asset protection»

Isn't the whole purpose of asset protection to keep John Doe from suing Wendy's for the frog leg found in a McDonald's food item?

The primary purpose of the Asset Protection Agent is to ensure a safe secure and profitable store environment for Rite Aid associates and customers while upholding the core values and service attributes consistent with the Rite Aid brand and strategy...

Not exact matches

Canada, in contrast, for example, treats death as a deemed sale of capital assets to the inheritors under its income tax, which makes an inheritance tax somewhat less important for revenue protection purposes.

Assets must be put in a separate trust for the employee's benefit and this means they are not general assets of the corporation for asset protection purAssets must be put in a separate trust for the employee's benefit and this means they are not general assets of the corporation for asset protection purassets of the corporation for asset protection purposes.

Two asset protection benefits are, one, that an irrevocable trust may be set up for the employee to own the policy, such as an irrevocable life insurance trust OR another type of grantor trust, and this can assure that the policy will not be included in the employee's taxable estate for split dollar estate planning purposes.

Trusts can be used for a variety of purposes, including inheritance tax planning, protection of assets, and for charitable activities.

He acts for employers, trustees and members, including on restructuring of schemes, contingent asset arrangements (including for PPF purposes), dealing with the Pensions Regulator and the Pension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas transfers.

Keep in mind that this isn't the total of all your assets — your house might be worth $ 600,000 but you don't really want your family to have to sell it, since that sort of defeats the purpose of providing them with financial protection — but liquid assets that can be easily used.

The Universal Life Insurance plans we offer have been designed to help meet the life insurance needs and financial goals of many clients - including individuals whose focus is on death benefit protection for estate planning, retirement, and asset preservation purposes.

The sole purpose of fire coverage is to provide protection for your belongings and assets in case of a fire.

Two asset protection benefits are, one, that an irrevocable trust may be set up for the employee to own the policy, such as an irrevocable life insurance trust OR another type of grantor trust, and this can assure that the policy will not be included in the employee's taxable estate for split dollar estate planning purposes.