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Frequently Asked Questions

When should a PHA begin to depreciate assets purchased under the Comprehensive Grant Program?

Financial Assessment of Public Housing Agencies - FAQs - HUD
A PHA would show the accumulated depreciation expense on FDS Line Item No. 166 of the program where this asset is recorded. (e.g., Comp. Grant Program, Section 8 Program, Low Rent Program, etc.).
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What is the ASSETs Program?

Act 4 After School - Frequently Asked Questions
In 2002, the California Legislature established the 21st Century High School After School Safety and Enrichment for Teens (ASSETs) Program as part of the California 21st CCLC Program. California is unique among the states in having earmarked a portion of its 21st CCLC funds specifically for the design, development, and evaluation of high school after-school programs.
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Can I transfer assets from one 403(b) program to another?

Lincoln Investment Planning, Inc. | Frequently Asked Questio...
Yes, if allowed by your employer's plan. If you have a Lincoln Investment 403(b), you can transfer to one of the approved Retirement Plan Vendors; however, proper procedures must be followed. Your Lincoln Investment financial representative will handle the entire transfer process.
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What Assets Can I Keep?

Personal Bankruptcy, Frequently Asked Questions :: A.C. Poir...
In a personal bankruptcy, you can keep certain assets. These are referred to as "Exempt Assets". The exempt assets are determined by provincial laws and therefore vary from province to province. In the Maritimes the exempt assets generally include: Tools of trade Provincial laws determine the maximum value allowed for each exempt asset. The Trustee can provide you with more specifics.
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What Are Your Assets?

Straight Line Mortgage, Inc.
The first thing you have to examine is how much you are worth. Take into account your income, savings, investments and other holdings such as Individual Retirement Accounts (IRAs) or Keogh plans, cash value of your life insurance, pensions or corporate savings plans, and equity in real estate. Lenders will need this information before deciding to extend you the loan. Often, the amount you earn may not be as important as how you earn it.
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Louisiana Department of Health & Hospitals
Your home, one vehicle, any life insurance policies, medical savings and retirement accounts, and your spouse's share of any community property will not count in this program.
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Harris County Probate Courts
Assets are any property owned that has monetary value, including cash or bank accounts, vehicles, household furnishings, and real property.
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The Cruzlaw Website - FAQ
Yes, in certain situations. If the trust is a revocable trust, for example, or if the trust is a discretionary trust of which you are one of the beneficiaries, or if the trust deed contains clauses allowing this to happen.
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Are pension or retirement program assets divided the same as other property?

Divorce FAQ Pensacola Florida Attorney Lawyer
Yes, in general pension rights (whether vested or unvested) and other retirement assets are divided on a 50/50 basis, although it can be a complicated process to divide them without incurring any liabilities for early withdrawal of the funds. And don't forget that $10,000 in a bank account is not the same as $10,000 in a pension or 401k type program.
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Can I leave assets in my IRA to the Program for Charitable Giving?

T. Rowe Price Program for Charitable Giving
Yes, you can leave your IRA or other retirement accounts to the Program for Charitable Giving. The most common way to do this is to name the Program as the primary beneficiary of your IRA or retirement account. You can provide account information now by completing a Program Account Form and indicating that the contribution will be made through your estate. This ensures that the name of the Program account has been established and the donor-advisors have been included in our records.
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Can assets from another state's college savings program be transferred into an existing account?

Frequently Asked Questions About 529 Plans
Yes. Rollover balances from another state's program are accepted. The account owner must complete a new account application along with a Rollover Request form. One rollover per account is allowed without a change in beneficiary per 12-month period. However, there are no restrictions on the number of rollovers allowed when changing beneficiaries at the same time. Yes.
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Will my assets be safe?

Frequently Asked Questions
Yes. FirsTrust is regulated by the Arkansas State Bank Department and the Federal Reserve Bank. All decisions regarding your account will be reviewed by internal committees; an outside auditor; and the above referenced regulatory agencies. The assets and capital of Home BancShares, Inc., unconditionally support the operations of FirsTrust.
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Will I have to give up all of my assets?

Spokane Bankruptcy Attorney Frequently Asked Questions
No. The Bankruptcy Code provides that a debtor filing for bankruptcy can keep certain assets for a fresh start by exempting property from the bankruptcy estate.
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Is paperwork required to transfer my existing annuity assets to the new mutual fund program?

Henrico County Public Schools: FAQs
Yes. You can obtain the required paperwork from the information packets provided at the employee meetings. You may also access the Annuity Conversion Form from the ePrint section on the home page.
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What are assets, liabilities and net assets?

Frequently Asked Questions about FIS - Part 1 of 2
Within the context of government operations, examples of assets include: cash, receivables, inventory for resale, loans, investments, advances, prepaid expenses, inventory of supplies, and real properties. Assets are normally the result of past transactions or events and from which future economic benefits may be obtained. Assets are what the department "owns" (land, buildings, equipment) and what is "owed to" the department such as accounts receivable, loans and advances.
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I required to have a certain amount of assets?

FREQUENTLY ASKED QUESTIONS,CANADA IMMIGRATION,BUSINESS,VISA ...
You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person. You must be able to use this money to support your family. The amount of money that you need to have to support your family is determined by the size of your family. While these are the lowest possible sums of money required to qualify we suggest you should have much more than the required minimum mentioned here.
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What are assets of a fund?

UTI Bank
Let's say a fund has invested its money in stocks. Then, the price of those stocks on the stockmarket multiplied by the number of stocks owned gives you the value of all the investments made by that mutual fund. This value can change either when the market valuation changes or if people are joining or leaving the scheme.
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How do I protect my assets?

Designer Asset Management - New Zealand Offshore Trust
A well designed trust is an excellent vehicle for holding assets. By holding assets in trust you can often still enjoy the use of trust property but public record of personal ownership is avoided. Assets not held in your name cannot be taken from you. For strong asset protection never retain your assets in your name.
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How do I get assets in to the trust?

Designer Asset Management - New Zealand Offshore Trust
For maximum security the very best way to get assets in to a trust is through an arms length transaction that reflects commercial reality. These transactions are prepared using a sale and purchase agreement and, where necessary, a Deed of Debt. New Zealand residents must sell assets to a New Zealand offshore trust at an appraised fair market value or loan money to the trust at market interest rates to avoid the possibility of being 'deemed' a settlor.
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How do I add Assets?

Asset Management Online, AssetFolio
The first step is to click on the Admin tab and to add a unique "company name". For personal use this may be your family name. After creating a company name, you can add more users. This allows you to give other family or staff members access to AssetFolio. The second step is to go to the Assets page and to add your assets. You may do this one at a time or using the spreadsheet option near the bottom of the page bulk upload asset information.
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What are growth assets?

FundSource - FAQ
Assets which have the potential to achieve capital growth over the medium to long term; primarily regarded as shares and property. They are positively correlated with the business cycle.
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What are Defensive assets?

FundSource - FAQ
Assets which have the potential to achieve income growth over the medium to long term; assets which are negativity correlated with the business cycle primarily regarded as cash and bonds.
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When must assets be distributed?

Principal Trust Company: FAQs
NOTE: This information should not be construed as providing individual tax or legal advice. Please read carefully Notice 97-60 (available at http://www.irs.gov/pub/irs-tege/notice97-60.pdf) and consult your own tax advisor or attorney regarding your individual situation.
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Where are my assets held?

Frequently Asked Questions
The majority of CCAM managed accounts are custodied at Fidelity Investments and Ameritrade. These strategic relationships with Fidelity and Ameritrade allow us to effectively serve our clients. Regardless of which custodian you select, assets are held in your name, and you retain full control of the account.
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How are my assets protected?

Frequently Asked Questions
Your assets are held by an independent custodian and can not be withdrawn by CCAM, except for deduction of management fees. However, you have access to your money at anytime. Each separate customer brokerage account is covered up to $500,000 by the Securities Investor Protection Corporation. In addition, Fidelity and Ameritrade offer supplemental asset protection, bringing the total amount of coverage up to $100 million and $25 million, respectively.
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Do all assets go through probate?

Gosselin & Associates, P.C. - Probate & Inheritance ...
No. Certain property is held in a way that the very terms of ownership control where the property will go after you die. Such property is called nonprobate property. An example of nonprobate property is a life insurance policy; you specifically state in the policy who will be paid after your death, so it is not controlled by your will.
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TO WHOM SHOULD I LEAVE MY ASSETS?

David Salsbury Estate Planning Lawyer Attorney Denver Colora...
Once you have determined who should receive your assets at your death, your estate planning lawyer can help you clarify and appropriately identify your beneficiaries. For instance, it is most important to clearly identify by correct name any charitable organizations you wish to provide for; many have similar names and in some families, individuals have similar or even identical names.
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What assets can I keep during a bankruptcy?

How to file for bankruptcy in Toronto, Canada - Declare Bank...
In addition, to company pension plan amounts, RRSPs in insurance companies, and cash surrender value of life insurance policies where the beneficiary is your spouse, child, grandchild, or parent, you can keep the items listed below. Most other assets are valued by the trustee and sold unless you make arrangements with the trustee to keep and pay for them. You might also be able to keep assets secured by a bank or finance company if you make arrangements with the creditor.
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What are Unclaimed Assets?

Commission on Unclaimed Assets : FAQs
There are many types of unclaimed financial assets, the initial focus of the commission will be on retail accounts held by individuals. These are mostly small amounts that have been left in bank accounts that have been forgotten. The owner may have died and their executor was unaware of the details, or a couple have divorced and forgotten their joint account for bills. Adults can easily forget to change their address on an account when they move, and after a few years it can easily be forgotten.
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