Income Contribution definition

Income Contribution. If the Grantor intends to use this trust to reduce the Trust Beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ 🞎 Lump Sum Contribution: Amount: $ Date: Source: �� Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments: ⬜ Monthly ⬜ Quarterly ⬜ Annually Amount: $ Name of Insurance Company: Address:
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Income Contribution. If the Grantor intends to use this trust to reduce the beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ (Gross Amounts) $ $ $  Lump Sum Contribution: Amount: $ Date: Source:  Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments:  ▇▇▇▇▇▇▇  ▇▇▇▇▇▇▇▇▇  ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇: $ Name of Insurance Company: Address:
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Income Contribution. If the Grantor intends to use this trust to reduce the Trust Beneficiary’s income for purposes of qualifying for one or more Medicaid program, please provide the gross monthly income from all sources of income: Sources of income: $ (Gross Amounts) $ $ $ □ Lump Sum Contribution: Amount: $ Date: Source: □ Structured Settlement (Please provide a copy of the Settlement Agreement or Court Order): Commencement Date of Suit: Settlement Date of Suit: Settlement Amount: $ Settlement Terms: Annuitant: Lump Sum Payment: $ Periodic Payments: # Monthly # Quarterly # Annually Amount: $ Name of Insurance Company: Address:
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Examples of Income Contribution in a sentence

  • Income Contribution – enter the estimated amount the beneficiary will contribute to the trust each month Lump Sum Contribution – enter the estimated amount the trust will be funded with, and where the funds are coming from, i.e. checking account, savings account, sale of home, inheritance, personal injury settlement, etc.

  • As used in this Section 1.7(a)(ii), the term “Performance Ratio” shall mean the percentage resulting from dividing the Acquired Business Operating Income Contribution during the Second Year Measurement Period by Five Hundred Fifteen Thousand Six Hundred Dollars ($515,600).

  • Unless the Shareholder Representative disputes Parent’s determination of the Monthly Gross Margin and/or Net Income Contribution in accordance with the provisions of Section 2.15(f), Parent’s determination shall be conclusive and binding upon the Shareholder Representative and the Shareholders.

  • As used in this Section 1.7(a)(i), the term “Performance Ratio” shall mean the percentage resulting from dividing actual Operating Income Contribution From NetTeks Business Operations during the First Year Measurement Period by $ 567,000.

  • As used in this Section 1.7(a)(ii), the term “Performance Ratio” shall mean the percentage resulting from dividing actual Operating Income Contribution from NetTeks Business Operations during the Second Year Measurement Period by $ 914,000.

  • This component will be based on achievement of NetTeks Business Operations Operating Income Contribution during the Second Measurement Period and will be equal to eight hundred and fifty thousand dollars ($850,000) times the Attainment Percentage (defined below).

  • To calculate the Fair Market Value (FMV) and use the income-based valuation method, we will define IP Income Contribution to the projected Income from Operations.

  • County is not responsible for withholding, and shall not withhold, Federal Income Contribution Act amounts or taxes of any kind from any payments which it owes Contractor.

  • Our approach will identify the Discounted Cashflow Percentage to the IP Income Contribution (post-EBITDA), which we arrived at after discounting the FMPV of business assets upon a Five-Year Schedule.

  • The second year component will be based on achievement of Sacramento Business Operating Income Contribution during the Second Year Measurement Period and will be equal to $270,000 times the Attainment Percentage (defined below).