Sentences with phrase «using custodial»

I strongly recommend against using custodial accounts for transfers of this magnitude.

While the age increase was implemented to curb asset shifting by the wealthy, it has the unintended consequence of penalizing teenagers who work and save their money and parents who save for college using custodial accounts in their children's names.

It uses custodial accounts to give token - holders legal protection and direct banking, so that the company never directly touches the funds.

In general, you can use a custodial account to pay for any expenses that benefit the child, as long as they are not considered the basic essentials of living.

It's a gross exaggeration to suggest that these rulings mean you can't use a custodial account in this way, or even that you shouldn't use a custodial account in this way.

Not exact matches

Abra uses the bitcoin blockchain to secure every transaction, and we do not take custodial possession of any customer funds — the funds are held directly on your phone in your Abra wallet.

The Trustee will use reasonable care in the performance of its custodial duties under the Trust Agreement and will only be responsible for any loss or damage suffered by the Trust as a direct result of any gross negligence, fraud or willful default in the performance of its duties.

The biggest problem with custody is many custodial parents use the kids as a tool to be used against the other parent.

The use of child support funds is at the discretion of the custodial parent.

Following the counter-terrorism review, local authorities will only be able to use the powers where the custodial sentence could amount to more than six months imprisonment.

«Four out of ten defendants sent to the crown court for sentencing received custodial sentences that could have been handed in the magistrates» court - we need to look at why this is happening and if we need to do more to make the best use of magistrates,» Green said in a speech today.

The prison population can be safely reduced by curbing inflation in sentencing, calling a halt to any unnecessary use of custodial remand and investing in effective community penalties.»

The report also included: $ 30,000 in payments to Don Lebowitz, a housing consultant used by the Assembly who also serves on the board of the State of New York Mortgage Agency; $ 100 honorariums to a number of rabbis, ministers and an imam, most likely for delivering invocations before legislative sessions; nearly $ 25,000 in vehicle maintenance and repair expenses; and nearly $ 69,000 in custodial expenses.

One way that a2M might perform this custodial chore is by carrying the bound b amyloid into cells where it can be degraded — a step that requires that it bind to the very same receptor that another protein, called apoE, uses to enter cells.

The near - exclusive focus on the most disadvantaged students (in New Orleans, for example) has also led to large numbers of custodial «no excuses» schools using traditional pedagogies, albeit with great rigor.

Custodial Parent: The parent with whom the dependent student lives, and whose financial information is used in the need analysis when parents are divorced or separated.

Key differences are seen in some of the ETFs used, which may reflect different trading costs due to custodial relationships.

The highest and best use of custodial accounts is in situations where you have a genuine desire to make a financial gift to a child.

A custodial account can be used in place of a trust.

For important information on pitfalls you may run into using these accounts, see Problems with Custodial Accounts.

Transfers of money to a custodial account are irrevocable and can not be taken back or used to benefit the grantor or custodian when a child misbehaves or when money is tight and a mortgage payment is due.

A parent or grandparent can use a Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) account (i.e., «custodial» account) to save for a child, but the child named on the account would gain control once he or she reaches a specified age.

Custodial account Money in a custodial account can be invested in many different securities, including CDs, stocks, bonds, and mutual funds, and the assets don't have to be used exclusively forCustodial account Money in a custodial account can be invested in many different securities, including CDs, stocks, bonds, and mutual funds, and the assets don't have to be used exclusively forcustodial account can be invested in many different securities, including CDs, stocks, bonds, and mutual funds, and the assets don't have to be used exclusively for college.

People use a variety of different investment vehicles to save for their children's education, including IRAs, custodial accounts, and 529 plans.

Custodial accounts are commonly used to help teach children about managing money.

Account holders can not use a separate custodial account to increase their protection.

Once you understand the basics of custodial accounts, it's important to know when UTMA and UGMA accounts are appropriate to use as well as be aware of common alternatives.

There is little recent guidance on this issue and it isn't clear that this rule should apply to accounts established under the more modern version of the custodial account law, because UTMA contains language designed to prevent parents from being taxed on custodial account income when the account is used for purposes that fall within the parent's support obligation.

Commissions, management fees, custodial fees and expenses all may be associated with the use of the Private Investment Management service.

Custodial Account Used for Support Yes, you are allowed to use UTMA accounts for items included in a support obligation, regardless of what you read elsewhere.

Note: The issue we are discussing involves the use of the custodial account to pay for things like food and shelter that are part of the parent's support obligation.

In more technical terms, an HSA is an interest - bearing custodial account that can be used for health - related expenses with contributions limits set annually by the IRS.

Use a variety of CIT Bank products to set up a Custodial Account (UTMA) for a child in your life and give them a head start on their dreams.

You can use Express Funding for buy orders in individual, joint and custodial accounts.

At lower levels of assets (below $ 500,000 in a total portfolio) the prospective client should really use mutual funds, as these are much more efficient when transactions and custodial costs are taken into account.

Commission - free online trading is available to individual investors at Schwab; to approximately 7,000 independent investment advisers who use Schwab's custodial services; and through Schwab retirement accounts that permit trading of ETFs.

Use this form to request a complete, partial, or systematic withdrawal, from your Putnam 403 (b)(7) Custodial Account.

And for those that want to use qualified funds like an IRA or 401k to invest in life settlements, there is typically a custodial fee that ranges between $ 100 and $ 500.

Use this form to transfer another 403 (b) custodial account or an annuity contract to a Putnam 403 (b)(7) custodial account.

Use this worksheet to determine the maximum contribution you may make into your 403 (b)(7) custodial account.

If the child is younger than 21 years of age, you can make an irrevocable monetary gift to the child using a PSECU Custodial account.

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However, the blood of his enemies isn't just busy work for custodial services; Mondo derives power from it and can use it to enter a state of heightened power and ability.

Specific Businesses Grocers - Antibiotic Use in Food Animals Ordinance Art Products & Practices Custodial Green Cleaning Furniture Retailers Green Business Program Healthcare Facilities Nail Salons Safe Medicine Disposal Stewardship Ordinance

As the custodial agency for Sustainable Development Goal Indicator 3.9.1 (mortality rate from the joint effects of household and ambient air pollution) and 7.1.2 (population with primary reliance on clean fuels and technologies), WHO uses the Household energy database to derive estimates for tracking progress towards achieving universal clean energy access and related health impacts.

Child support can only be used to pay for a child's needs; the custodial parent or «receiving parent» simply collects this money on behalf of the child.

These factors, along with a number of other factors, will be used by the court to determine who the primary custodial parent should be.

The case represents the more traditional use of custodial sentences for OH&S - related matters as the sentence imposed on the business operator resulted from the intentional breach of a court order.

This is a significant development because it establishes further factors that could, if used, increase the probability of a custodial sentence in cases involving a fatality or serious injury.

Finally the custodial parent should save these reimbursement demands, and any responses from the other parent, in a designated file folder (I like to name the folder «medical reimbursement») within the email program that parent uses.