Sentences with phrase «trustee of a trust»

This is typically done by naming the current acting trustee of the trust as the contingent beneficiary.

The merger has also been approved by the Board of Trustees of the Trust.

Certificate of Fiduciary Authority The form used to certify the authority of the acting trustees of a trust when presented with proof of the registered trustee's inability to act.

The $ 10 million letter of credit has been issued by Credit Suisse S.A. in favor of PRO-CLAIM INC., of Highlands Ranch, Colorado, acting as trustee of a trust for the benefit of Globus, Cosmos, Monograms and Avalon Waterways customers who advance deposits or payments for any Globus family of brands tour departures sold in the United States.

The Nubian community has a Council of Elders who are also trustees of a Trust that claims Kibera, and they are in constant battle with the government over its size, as well as its programs, such as rehousing.

The successor trustee of the trust was able to refinance the existing reverse mortgage -LSB-...]

William has particular experience in advising trustees of trusts of land with a public or charitable element, especially sports and recreational venues, civic buildings and open spaces.

Certificate of Fiduciary Authority The form used to certify the authority of the acting trustees of a trust when presented with proof of the registered trustee's inability to act.

The successor trustee of the trust was able to refinance the existing reverse mortgage in order to prevent the reverse mortgage lender from foreclosing on the property.

The School Nutrition Foundation may serve as trustee of your trust, or you may work with a bank or another financial institution and retain trusteeship and choose your own investment methods.

In many cases, your plan may call for an experienced professional corporate fiduciary to act as the trustee of a trust to meet specific personal financial goals.

However, since rules do cover eligible deposits held by the trustee of a trust for another person as long as the trust disclosure rules are met, an RESP structured as a trust may qualify for separate coverage.

A trust becomes a family trust when the trustee of the trust makes a «family trust election».

Irrevocable life insurance trusts (or the Trustee of the trust) should purchase the insurance on behalf of the trust RATHER THAN assigning an existing policy.

For the ILIT to be recognized, the grantor must give control over to the trustee of the trust.

She is the trustee of her trust.

Now, suppose that Sally, as trustee of the trust, buys a deferred annuity, naming herself as annuitant.

PRO-CLAIM, INC., as trustee of the trust, is responsible for refunding deposits or payments (excluding deposits or payments made by credit cards, since chargebacks are available), for Globus family of brands tours sold in the United States in the event Group Voyagers Inc., d / b / a Globus family of brands, becomes insolvent, bankrupt or ceases business.

Rule of Law Preferred Beneficiary Election The preferred beneficiary election allows a trustee of a trust to allocate income to a beneficiary of the trust so that the beneficiary pays Canadian income tax on the income without actually paying the income to the beneficiary.

If you aren't serving as both the Executor of the Estate and Trustee of the Trust, you want to stay in close touch with the Executor during the first few months.

Depending on the Will, you may be named the Executor of the Estate or Trustee of a Trust.

Serving as the Executor of the Estate, Trustee of the Trust or both may seem like a lot to handle while grieving the loss of your loved one.

By leaving a letter of wishes with the will, the testator can ensure that the trustees of any trusts established under his will know how he would like his estate to be distributed.

The matter before Mr Justice Morgan in Re G (patients)[2007] EWHC 1861 (Ch), [2007] All ER (D) 507 (Jul) concerned applications by Mr and Mrs G's receiver and their son (N) for lifetime gifts to Mr and Mrs G's children (C and N), whether or not statutory wills should be authorised for Mr and Mrs G, and whether or not Mr G should be replaced as a trustee of a trust under which C and N were beneficially entitled.

An estate trustee / executor, attorney for property of an incapable person, trustee of a trust, or guardian of property may be required to pass his or her accounts.

Doris Bonora, one of the lawyers representing the trustees of the trust set up for the members of the Sawridge Band, declined to comment.

Assisting trust companies on the take on of the trust business of other trust companies, including drafting all documentation to change the trustees of all trusts involved.

We offer the expertise to assist you in the role of a trustee of a trust, or as an executor or liquidator of an estate.

The particular facts and context of the decision means that beneficiaries and trustees of trusts (including offshore trusts) and their advisers should, at the very least, take careful note of the decision.