Sentences with phrase «while other beneficiaries»

Not exact matches

If these loans don't get paid back then banks could start going bust, while local governments, some of which have been a beneficiary of these loans, and other companies could find themselves underwater, too.

The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.

The executive order in question, issued by President Clinton and affirmed by President Bush in 2002, states that while religious organizations that receive federal funds can not discriminate against beneficiaries of their programs, they «may retain religious terms in its organization's name, select its board members on a religious basis, and include religious references in its organization's mission statements and other chartering or governing documents.»

On the other hand, well - managed tea production landscapes can help arrest or even reverse land degradation, while providing a range of economic and ecological benefits for local communities, downstream beneficiaries, and the global commons.

While Jumoke Academy's commitment to bi-lingual and special education students is non-existent, Achievement First — Hartford, the other major beneficiary of this $ 5 million, is nearly as bad.

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).

While you're at it, there are a bunch of other things you need to review including your powers of attorney, both financial and personal care, and your beneficiary designations.

While spouses can own life insurance on each other, most couples top to own their own policy and simply name their spouse as the policy beneficiary.

Why do some trusts issue a Sch K - 1 for the beneficiaries, while others only a «Grantor tax information letter»?

You might name a charity as beneficiary of your traditional IRA, while bequeathing your Roth IRA and other assets to your children or other family members.

A Supplemental Needs Trust is a document that allows the beneficiary to enjoy the benefits of a Trust, while still maintaining eligibility for Medicaid and certain other government entitlement programs.

However, while there may be more «spare» cash available for people to leave to charities, large charitable bequests are increasingly putting the charities that receive them in conflict with a will's other beneficiaries.

While the exclusion of overseas foreign national beneficiaries has been deleted from the definition of «individual,» we have revised § 164.500 to indicate that the rule does not apply to the Department of Defense or other federal agencies or non-governmental organizations acting on its behalf when providing health care to overseas foreign national beneficiaries.

In its most basic sense, funeral insurance actually works in a similar fashion to most other types of life insurance in that a person pays a premium to an insurance company in exchange for the payment of a death benefit to a named beneficiary in the case of the insured's death while the policy is in force.

While spouses can own life insurance on each other, most couples top to own their own policy and simply name their spouse as the policy beneficiary.

The life insurance death benefit protects your beneficiaries from shouldering an immense financial burden, and can pay for college, dependent care, and other debts that you may have incurred while alive that your family could be responsible for.

After a certain amount of time, stipulated in the policy, the accumulated cash can be used for loans or other purposes while you are living, or can be an increased death benefit to your beneficiaries.

Used to preach, buy term, invest the difference... But a permanent death benefit, cash values, tax free loans, tax free lump sum payment to beneficiary, privacy of beneficiary info, very difficult for others to get at your cash value, ability to fund very high amounts with tax benefits, cheaper while you are younger / healthy, paid up additions, Potential less premium with IUL and index gains potential, or Whole Life and pay more for insurance, but higher dividends...

A portion of your death benefit can be given to a charity, while you retain a substantial amount to distribute to your family or other beneficiaries.

It does not necessarily need to provide for beneficiaries their whole life, but can also be used in conjunction with other techniques such as saving and working more hours, for instance to first pay off debt and ease the transition period while the surviving members of a family find work.

Some states require that your beneficiary be related to you, or at least have an insurable interest in your life, while others have no such restrictions.

Like other forms of life insurance, variable life policies are designed to provide your beneficiaries (family, friends or even an organization) with a death benefit if you die while your policy is still in effect.

While some no medical exam life insurance policies will pay out the full amount of the death benefit to the beneficiary right away, others will require that the policy be in force for a certain amount of time — such as two or three years — before the full amount is eligible to be paid out.

«While we are positive on Square's strategy, to the extent it confers legitimacy on Bitcoin and prompts adoption by other providers the biggest beneficiary may be the crypto - asset industry,» Credit Suisse analyst Paul Condra said.

While displacing Title X funding from Planned Parenthood to other clinics, the bill could have cut Medicaid spending as some beneficiaries might fail or decide not to seek out family planning services at other clinics.