Sentences with phrase «trust assets»

These guidelines may include the timing and method for distribution of trust assets, types of investments that can be made within the trust and naming successor trustees.

Upon your death, remaining trust assets go to your designated charity.

You greatly reduce or avoid possible gift and estate tax on trust assets passing to family... if some trust income goes to charity for a few years.

They can even manage trust assets if you are incapable and can distribute trust property when you die.

When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select.

They can then distribute trust assets without a will.

Upon death, POD account assets are distributed outside of probate, as are living trust assets.

The exact issues facing a high net worth spouse seeking to gain access to, or protect, trust assets depends on the type of trust they are faced with.

If this requirement is not strictly followed, the life insurance trust assets will be included in the insured's taxable estate.

Developed strategic client acquisition marketing plan by offering comprehensive financial planning and estate planning services which resulted in 15 % trust asset growth.

Either a portion of the income, a rate of return or the percentage of trust assets will be designated to the charity as described in the charitable trust.

A lead trust can be structured to totally eliminate estate and gift taxes on trust assets.

The donor receives an income stream from the trust for a term of years or for life, and the named charitable beneficiary receives the remaining trust assets at the end of the trust term.

They have to write or call holders of assets, stock transfer companies, trust customers, and other parties, and send particular documents to arrange for transfer of securities, and other trust assets from or to trust accounts.

A healthier economy also means stronger corporate earnings, which drive stock prices, says Jim McDonald, chief investment strategist at Northern Trust Asset Management.

Additionally, a managing broker or someone designated by the managing broker, must review, date, and initial the monthly trust asset and liability reconciliation (section 7 - 4 of the Rules).

For example, more than half of asset managers recently surveyed by Northern Trust Asset Management said they believe U.S. stocks are overvalued.

There are two types of beneficiaries the current beneficiaries and the remaindermen who are named to receive trust assets.

A trustee administers the trust, makes decisions about trust assets and is responsible for distributing income and capital according to the number of units each investor holds.

U.S. collective investment trusts assets have grown to roughly $ 2.8 trillion, according to Cerulli Associates; much of they money is in target - date funds.

Arizona Court of Appeals rules in climate case: Court rejects governor's argument that legislature can defeat the public trust, assumes without deciding that atmosphere is a public trust asset, and rules that the plaintiff did not assert adequate grounds for court action.

Only legal title is conveyed to a third - party trustee to put trust assets often outside the reach of creditors.

In what was widely considered the most important family law case of the decade, with national implications, Burns won a unanimous Massachusetts Supreme Judicial Court (SJC) ruling on the issue of trust assets as marital property that could be divided in divorce proceedings.

But this could be resolved if the Securities and Exchange Commission allowed or encouraged trustees to use trust assets to pay for loan reviews or litigation.

Trusts can also, when executed properly, keep trust assets out of probate, the potentially lengthy legal process of assessing and distributing your assets after you die.

Easy - to - read statements summarizing receipts, disbursements and the value of assets within your trust

Put another way, probate assets are generally those you own alone in your name, while nonprobate assets generally consist of assets you no longer have legal title to (i.e. trust assets), assets that will pass automatically upon your death (i.e. beneficiary designation), and assets owned jointly with others (i.e. joint tenancy with right of survivorship).

The CLT also is more likely to be used to limit the grantor's taxable income because a portion of the income generated by the charitable trust assets will be paid to the designated charity.

You greatly reduce or eliminate gift and estate tax on trust assets passing to family... if some trust income goes to American Humane Association for a few years.

Title V: Native American Energy - Native American Energy Act -(Sec. 5002) Amends the Energy Policy Act of 1992 to allow either the Secretary, an affected Indian tribe, or a certified third - party appraiser under contract with the Indian tribe to appraise Indian land or trust assets involved in a transaction requiring the Secretary's approval.

Thus in the matrimonial context, whether trust assets are to be treated as a financial resource of the husband turns on whether, if asked, the trustees would be likely to exercise their powers in his favour (Charman v Charman [2005] EWCA Civ 1606, [2005] All ER (D) 298 (Dec)-RRB-.

The trend in freezing order cases generally has been to equate control with ownership and on that basis to freeze underlying trust assets (both directly and via the Chabra jurisdiction) where there is some evidence of de facto control by the beneficiary.

For the Court of Appeal, there are just three methods available for tracing «commingled trust assets»:

Successful defense and settlement of an adversary proceeding in bankruptcy court involving the fraudulent transfer of business and family trust assets.

(2) For each trust account of a brokerage, the monthly reconciliation under section 8 - 2 (b)[trust account and general account records] and the monthly trust asset and liability reconciliation under section 8 - 3 (b)[pooled trust account records] must be reviewed, dated, and initialed by a related managing broker or by a person designated by a related managing broker.

has appointed Xapo, Inc. as Custodian for the Bitcoin Investment Trust assets.

Just on its heels, Judge Sarah Singleton of New Mexico issued her written decision denying the state's motion to dismiss Akilah Sanders - Reed's atmospheric trust lawsuit holding that she had stated a viable claim against the state for failing to protect the atmosphere as a public trust asset.

A trustee that is a «directed trustee» is responsible for the safekeeping of trust assets but has no discretionary investment management duties or authority over the assets.

At the end of the trust's term, all remaining trust assets are distributed to your designated beneficiaries with greatly reduced gift and estate tax, regardless of how much the trust has grown.

CHICAGO, Mar. 27 / CSRwire / - Northern Trust Asset Management is enhancing its long - standing commitment to diversity by increasing the use of minority - owned brokerage firms.

Trust Services: AAFMAA Wealth Management & Trust is a state - chartered trust company, providing estate planning support and complete trust services, including acceptance of assignment as trustee, and trust asset management and administration.

Can you trust an asset, which demonstrated this implausible straight take - off?