Trust C definition
Examples of Trust C in a sentence
The balance of the unappointed principal and undistributed income of Trust C shall be distributed as provided in Section 9.
In such event, if any portion of Trust B falls to qualify for the Federal estate tax marital deduction, the Trustee shall distribute for such purposes principal of Trust B with respect to which the election was made, or if none, other principal of Trust B, provided, however, that in no event shall other principal of Trust B be distributed when there is available for distribution principal of Trust C or Trust D.
When the Trustee is required to make a division of trust assets and to distribute such assets either to separate trusts created hereunder (such as Trust A, Trust B, Trust C and Trust D) to beneficiaries outright, or to any combination of trusts and beneficiaries, the Trustee is authorized to make any such division and distribution in such manner as the Trustee shall determine.
Notwithstanding the foregoing, if Trust A, Trust B, Trust C and Trust D are to be established hereunder, assets which do not qualify for the marital deduction shall be allocated to Trust A.
Partnership Tax Exempt Corporation (includes Not For Profit) Limited Liability Company (select applicable tax Medical Corporation classification) Governmental Unit P = partnership Estate or Trust C = corporation If Grantee has not received a payment from the State of Illinois in the last two years, Grantee must submit a W-9 tax form with this Agreement.
Partnership Tax Exempt Corporation (includes Not For Profit) Limited Liability Company (select applicable tax Medical Corporation classification) X Governmental Unit P = partnership Estate or Trust C = corporation If Grantee has not received a payment from the State of Illinois in the last two years, Grantee must submit a W-9 tax form with this Agreement.
Partnership Tax Exempt Corporation (includes Not For Profit) Limited Liability Company (select Medical Corporation applicable tax classification) Governmental Unit P = partnership Estate or Trust C = corporation If Grantee has not received a payment from the State of Illinois in the last two years, Grantee must submit a W-9 tax form with this Agreement.
The sole income beneficiaries of Trust B and Trust C are J and K, respec- tively.
By Its________________________________________ By Its________________________________________ By: MILPI Holdings, LLC, a Delaware limited liability company By: Its Managing Members, AFG Investment Trust C By: Its Managing Trustee, AFG ▇▇▇▇ Corporation, a Massachusetts corporation By:___________________________ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇ Its: Chief Financial Officer PLM MILPI Holdings LLC, A Delaware limited liability company By:_________________________ ▇▇▇▇▇ ▇.
Assume the same facts as in Ex- ample 1, except that on B’s death, under the terms of Trust A and local law, Trust A ter- minates and the principal is to be divided equally and held in newly created Trust B and Trust C.