- Successor in Interest means an Assignee, a successor of a Person by merger or otherwise by operation of law, or a transferee of all or substantially all of the business or assets of a Person.
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Successor, the working name for the class of British ballistic missile submarines, since renamed the Dreadnought-class; Khalifa, a Muslim who is considered a political-religious successor to the Islamic prophet Muhammad; Spiritual successor, a successor to a work of fiction which does not build upon the storyline established by a previous work
Note: Because the partnership interest must be included in the decedent's gross estate at fair market value (FMV), a buy/sell agreement that results in the sale of the partnership interest for less than FMV may cause the deceased partner's successor in interest (e.g., his or her estate) to receive an amount of cash that is less than the estate tax assessed on the transferred interest.
successor: noun beneficiary , descendant , follower , grantee , newcomer , next in line , replacement , scion Associated concepts: successor in estate, successor in ...
Affidavit of Successor in Interest to the Decedent. The affidavit cannot be used to transfer title to real property. The requirements for the affidavit (under Section 45-3-1201) are that: a. The value of the entire (probate) estate, less liens and encumbrances, does not exceed $50,000.00. b. It has been more than 30 days since the person has ...
Wikipedia. reversion — re·ver·sion /ri vər zhən/ n [Anglo French, from Middle French, from Latin reversio act of turning back, from revertere to turn back] 1: the returning of an estate upon its termination to the former owner or to his or her successor in interest 2 a … Law dictionary
successor in interest: a successor to another s interest in property; esp: a successor in ownership of a business that is carried on and controlled substantially as it was before the transfer Merriam Webster’s Dictionary of Law.
1. successour (obsolete)
From Anglo-Norman successour, from Latin successor.
1. IPA(key): /səkˈsɛsə(ɹ)/, /ˈsʌksɛsə(ɹ)/
From Latin successor.
successor m (plural successors, feminine successora) 1. successor
1. “successor” in Diccionari de la llengua catalana, segona edició, Institut d’Estudis Catalans. 2. “successor” in Gran Diccionari de la Llengua Catalana, Grup Enciclopèdia Catalana. 3. “successor” in Diccionari normatiu valencià, Acadèmia Valenciana de la Llengua. 4. “successor” in Diccionari català-valencià-balear, Antoni Maria Alcover and Francesc de Borja Moll, 1962.
1. (Classical) IPA(key): /sukˈkes.sor/, [sʊkˈkɛs.sɔr] 2. (Ecclesiastical) IPA(key): /sutˈt͡ʃes.sor/, [sutˈt͡ʃɛs.sɔr]
successor m (genitive successōris, feminine succestrīx); third declension 1. follower, successor
New Century Financial Corporation was a real estate investment trust that originated mortgage loans in the United States through its operating subsidiaries, New Century Mortgage Corporation and Home123 Corporation.
Successor in Interest means any (i) trustee, custodian, receiver or other Person acting in any Bankruptcy or reorganization proceeding with respect to, (ii) assignee for the benefit of the creditors of, or (iii) trustee or receiver, or current or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of.
Apr 23, 2018 · For example, a confirmed successor in interest is still not subject to the loss mitigation procedures in 12 C.F.R. § 1024.41, but a confirmed successor in interest is now entitled to a payoff ...