Sentences with phrase «sufficient assets»

Couples with sufficient assets to care for themselves and for their family may opt out of paying premiums.

If there aren't sufficient assets to pay those debts, your loved ones could be on the hook to pay them, only they won't have your income to help do it.

ETFs that haven't attracted sufficient assets and aren't widely traded often lack liquidity.

So long as you are a successful businessman in your own right and have sufficient assets for your retirement years, this need not pose a problem for your relationship.

If you are transferring to a discount brokerage and have sufficient assets then you might be able to get them to cover this transfer fee.

Unless, of course, you have sufficient assets already saved up or accessible to you in order to make a settlement offer to your creditors.

By transferring sufficient assets to the surviving spouse in the proper manner, estate tax liability upon the first spouse's death can be completely avoided.

If you have someone who is financially dependent upon you and you do not have other sufficient assets, then you need life insurance.

If your income is difficult to verify but you have sufficient assets in the bank, a portfolio loan may be your only option next year.

You may also receive maintenance if there are not sufficient assets to «provide for the reasonable needs» you have.

A bankrupt estate has gone through the formal process of declaring bankruptcy under the Bankruptcy and Insolvency Act, whereas an insolvent estate simply lacks sufficient assets to pay all its debts in full.

Despite the fund's focus on a popular investment theme in China, it has failed to amass sufficient assets thus far.

Moreover, substantial tranches of E-Coins were issued without sufficient asset backing, leading to a progressive dilution of the E-Coin system.»

Corbyn pledged that a Labor government would give the NHS and social care with sufficient assets while blaming May for driving a legislature that gives billions away in tax reductions to huge business and the wealthiest in the public eye while cutting administrations for the most helpless.

You have built up sufficient assets during your working years that you are able to self - insure.

All Nortel pensioners may get modest bump - ups if there are sufficient assets once the bankruptcy is resolved, he says.

This means that if one partner does not have sufficient assets available to satisfy his / her «share» of liability, other partners» can be held responsible for more than their equal share of any losses or liability, and their personal assets available to satisfy such liability.

A common difficulty arises if the estate does not contain sufficient assets to pay the whole of the NRB legacy without entrenching upon the house.

All states have financial responsibility laws so, in states where there is no liability insurance requirement, you need to have proof of sufficient assets to pay damages, medical bills and more if you cause an accident.

According to Steve Kramer, who has served on the members» insurance and benefits committee of the California Society of Certified Public Accountants for 27 years, this group not needing insurance includes people who have raised and educated children now living independently, folks who have accumulated sufficient assets to support a surviving spouse and the single elderly (and not - so - elderly) population.

For married couples whose estate plan incorporates GST planning, it will be necessary to confirm that each spouse has sufficient assets titled in his or her individual name that will pass in accordance with his or her will (or revocable living trust) to carry out the estate plan and take maximum advantage of the increased GST exemption amount because the GST exemption is not portable between spouses.

At Veterans United, we would typically need to approve you based on the lessor of the two incomes, although borrowers with sufficient assets may be able to count the higher future income.

But not all ETFs attract sufficient assets.

Under Kentucky law, to qualify for maintenance, you must show that you lack sufficient assets to provide for your reasonable needs.

Securing capital from traditional sources such as banks can be tricky for small businesses, especially if a company doesn't have a long earnings history or sufficient assets to collateralize, says Jeffrey Tannenbaum, a partner at Ernst and Young.

While everyone's retirement plan is unique depending on the lifestyle they desire, having sufficient assets and eliminating debt are integral to making that plan a reality.

Even larger, more established security companies can have problems securing financing because of an owner's poor credit history or not having sufficient assets to satisfy demands for collateral.

@ceejayoz: Many uninsured people are (or were, prior to Obamacare) healthy people (for decades my only real expense was an annual FAA medical) with sufficient assets to cover any needed treatment.

Even if you're not currently on the job, you may still qualify if you have a contract for employment in the medical field and also have sufficient assets to cover payments until your first paycheck is received.

He outlines a few ideas tailored to specific situations, but the most novel idea involves setting up a testamentary trust as the subscriber after your death, with the same beneficiary named, and sufficient assets to grow the trust.

A: The vast majority of American households (almost 100 million) don't have sufficient assets to make a traditional relationship with a financial advisor work.

You do not have to provide written evidence of consistent cash flow, sufficient assets, or prove that down payment money is legitimate.

Funds that don't have sufficient assets can be sensitive to large purchases and redemptions, and ETFs that are too small may lack liquidity.

Of course, this person still needs to have sufficient assets in their taxable accounts to pay the Roth IRA conversions taxes, while also paying living expenses in such low income years.

If you have sufficient assets or you have enough passive income or your family just doesn't rely on you to bring home the bacon anymore, you probably don't need life insurance.

Fact is, keeping some of your retirement savings in a diversified portfolio of low - cost stock and bond funds (ideally, index funds) gives that portion of your nest egg a reasonable shot at higher gains, which in turn can boost its value and provide protection against rising prices over the course of a long retirement, not to mention help assure that you'll have sufficient assets to tap for emergencies or even the occasional splurge.

Chapter 7 bankruptcy: Also referred to as «straight bankruptcy», this form of bankruptcy involves the liquidation of as much of the debtor's property (unsecured debt) as possible, while reserving him or her sufficient assets to start on a clean slate.

A target date fund may have losses and does not guarantee that sufficient assets will be available for retirement or any specific return.

Also, our calculations measured the return gap for funds that provided us sufficient asset data.

The Judge then turned to me and asked whether there was a surety, whether the surety had a criminal record and had sufficient assets to post a $ 5,000 bail.

Angel investors typically qualify for the accredited investor exemption set out in Section 2.3 of NI 45 - 106, since they will usually have sufficient assets or income to fit within the definition of «accredited investor» found in sections (j), (j. 1), (k) or (l) of NI 45 - 106.

The purpose of this requirement is to ensure that, in the event a motorist causes a Florida car accident resulting in serious injuries or death, the motorist has sufficient assets to cover the costs incurred by the accident victim.

Assuming the responsible driver does not have sufficient assets to cover the other person's injuries, uninsured / underinsured motorist policies may provide a source of recovery for personal injury car accident victims.

A mistake that some elderly clients make is putting off any estate planning because they are confident that they will never need skilled nursing care or that they have sufficient assets to obtain the care that they may need in their golden years.