Sentences with phrase «substantial personal assets»
However, it is strongly recommended that you carry significantly more than the minimum required limits, particularly if you have substantial personal assets that you would like to protect.
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In the event there is a change in the corporate structure of The Hartford, such as a merger, consolidation, sale, liquidation or transfer of substantial assets, The Hartford may, in its sole discretion, transfer, sell or assign information collected on and through this Site, including personal information about you, to one or more affiliated or nonaffiliated third parties.
For many, their real estate assets — usually their personal residence — can grow in value over their lives to become a very substantial and even majority part of their personal investment asset portfolios.
5.9 We may transfer, sell or assign personal information, to third parties, as a result of the sale, merger, consolidation, change in control, transfer of substantial assets, reorganization or liquidation of the World Photography Organisation.
In determining whether a defendant has substantial liquid assets, the judge shall not consider up to Ten Thousand Dollars ($ 10,000.00) in tangible personal property, including motor vehicles, household goods, or any other assets exempted from seizure under execution or attachment as provided under Section 85 -3-1.
Substantial personal and business assets are often involved with extensive categories of expenses that may include luxury primary residence, second and third homes, businesses with their own assets, investment portfolios, pension plans, private schools, nannies and an affluent lifestyle that must be properly addressed.
Also known as an umbrella liability policy, it protects you against personal liabilities — such as dog bites — that could impact a substantial portion of your assets.
However, assets such as an IRA or a personal residence are not easily liquidated on short notice without substantial tax penalties.
If you have substantial personal financial assets to protect in the event of a lawsuit, you may even want to consider an umbrella liability policy.
If you do have substantial business debt, and you have no life insurance for the self - employed, your personal assets will be liquidated in order to satisfy these financial responsibilities.