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A transfer-on-death account is an arrangement that allows the assets held within a brokerage account or bank account to pass directly to a named beneficiary upon the account holder’s death, thus ...
He is from Poplar Bluff, Missouri. [1] Richardson previously represented Missouri's 154th House district from 2011 to 2013. He was elected Speaker of the Missouri House of Representatives in 2015. His father Mark served for 12 years as a Republican in the Missouri House of Representatives. [2] Richardson was named a 2014 Aspen Institute Rodel ...
The Uniform Transfers To Minors Act (UTMA) is a uniform act drafted and recommended by the National Conference of Commissioners on Uniform State Laws in 1986, and subsequently enacted by all U.S. States, which provides a mechanism under which gifts can be made to a minor without requiring the presence of an appointed guardian for the minor, and which satisfies the Internal Revenue Service ...
The name is derived from Matter of Totten, 179 N.Y. 112 (1904), the case decided by the New York Court of Appeals which established the legality of this practice. Although this method of creating a trust did not meet the formal requirements of trust creation, or the testamentary formalities required to make a valid will, the Court noted that such an arrangement typically involved a small ...
Rounding out the field are Tod Polson’s “The 21,” animated by a global team of more than 70 artists; Nina Gantz’s SXSW Grand Jury Award-winner “Wander to Wonder”; Anna Samo’s ...
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