Search for: "Matter of Interest on Trust Accounts"
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1 Mar 2011, 11:13 pm
These are some interesting and complicated issues.If the borrower maintains two different accounts with the same security, then, the Bank may be allowed to proceed against the ‘Secured Asset’ even if the borrower makes default in respect of one account giving rise for invocation of the provisions of SARFAESI Act, 2002. [read post]
21 Mar 2019, 8:15 am
As Baroness Hale DPSC said in Aintree University Hospitals NHS Foundation Trust v James [2014] AC 591 , para 35: “The authorities are all agreed that the starting point is a strong presumption that it is in a person’s best interests to stay alive. [read post]
10 Sep 2011, 12:59 am
The district court dismissed the Stephens County matter for lack of standing and the Apache Tribe matter as not ripe. [read post]
6 Dec 2010, 7:45 am
These relationships could include other trusts (since ILITs are not often used alone) and accounts under management. [read post]
27 Jul 2020, 7:15 am
” FWIW, the Trust & Safety Professional Association will provide the infrastructure to help improve industry-wide moderation practices without any government involvement. [read post]
19 Jan 2011, 4:00 am
They have taken in the money and credited the accounts with interest or dividends, but they would dearly love to be relieved of the obligation to repay. [read post]
12 Jan 2009, 7:28 am
From the Bernie Madoff scandal to the impeachment of Illinois governor Rod Blagojevich to the refusal of U.S. banks to account for the money they received in the recent Wall Street bailout, it has never been clearer that trust matters — and matters a lot. [read post]
7 May 2018, 10:25 pm
IN THE MATTER OF THE NATIONAL COLLEGIATE STUDENT LOAN TRUSTS 2003-1, 2004-1, 2004-2, 2005-1, 2005-2 and 2005-3.C.A. [read post]
4 Jan 2016, 12:05 pm
The matter of the grant of letters of administration shall be wholly within the jurisdiction of the court.3B:10-14. [read post]
17 Aug 2017, 8:27 am
The matter of the grant of letters of administration shall be wholly within the jurisdiction of the court.3B:10-14. [read post]
16 Aug 2017, 10:43 am
The matter of the grant of letters of administration shall be wholly within the jurisdiction of the court.3B:10-14. [read post]
31 Oct 2013, 12:02 pm
What's left is a group of trusted customer accounts, who are delivering reviews in both volume and with higher quality scores. [read post]
16 May 2019, 12:25 pm
Conversely, in Klatt v Klatt Estate, the Court denied the applicant beneficiary’s request for an order requiring a passing of accounts, in part because the applicant’s financial interest in the trust in question was contingent in nature and the relief sought could negatively affect the interests of other potential contingent beneficiaries given the modest size of the trust. [read post]
24 Sep 2017, 2:47 pm
The writ will issue as a matter of course, and when served on the financial institution, will typically freeze all money in the account except possibly money that the bank can identify as protected by federal law.Texas does not allow wage garnishment directly (except for child and spousal support), but it allows seizure of money deposited into a bank or a credit union accounts. [read post]
13 Feb 2008, 4:42 pm
In the interim, the funds from the settlement are in a trust account earning interest that will ultimately benefit the plaintiff" Fact: A 468(b) trust is NOT used to facilitate the creation of a qualified settlement fund (QSF) or any of the things that Upchurch Financial says. [read post]
7 Jan 2016, 1:33 pm
The probate court will sometimes require a public accounting of the estate assets. [read post]
24 Jul 2017, 7:00 am
In 2016, the New York Legislature enacted a version of the Uniform Law Commission’s Revised Uniform Fiduciary Access to Digital Assets Act in Article 13-A (“Article 13-A”) of the Estates, Powers and Trusts Law (“EPTL”) (see Matter of Serrano, 2017-174, NYLJ 1202790870327 [Sur Ct, New York County June 14, 2017]). [read post]
24 Jul 2017, 7:00 am
In 2016, the New York Legislature enacted a version of the Uniform Law Commission’s Revised Uniform Fiduciary Access to Digital Assets Act in Article 13-A (“Article 13-A”) of the Estates, Powers and Trusts Law (“EPTL”) (see Matter of Serrano, 2017-174, NYLJ 1202790870327 [Sur Ct, New York County June 14, 2017]). [read post]
2 Aug 2017, 3:29 pm
An interesting aspect of these types of matters was recently discussed by Manhattan Surrogate Rita Mella in a decision dated July 14, 2017 in the case of Matter of Tong. [read post]
22 Dec 2023, 3:52 am
In fact, the trust can continue to own the membership interest after your death, which you can include in the trust’s instructions, along with a provision allowing a successor trustee to step in for you and handle LLC matters on behalf of the trust’s beneficiaries. [read post]