FIDELITY CLEARING CANADA ULC SELF-DIRECTED LIFE INCOME FUND AGREEMENTIncome Fund Agreement • October 14th, 2016
Contract (the “Contract”) for the establishment of a Life Income Fund (the “LIF”) between Computershare Trust Company of Canada (the “Trustee”), a trust company incorporated under the federal laws of Canada and having a place of business at 100 University Ave.
BBS SECURITIES INC. SELF-DIRECTED LIFE INCOME FUND AGREEMENTIncome Fund Agreement • November 24th, 2014
Contract (the “Contract”) for the establishment of a Life Income Fund (the “LIF”) RIF 1591 between Computershare Trust Company of Canada (the “Trustee”), a trust company incorporated under the federal laws of Canada and having a place of business at 100 University Ave. – 8th Floor, Toronto Ontario. M5J 2Y1 and the applicant (the “Annuitant”) named in the application for a BBS Securities Inc. Self-Directed Retirement Income Fund, Declaration of Trust (the "RIF"), such application as found on the reverse side hereof or attached hereto (the “Application”). The parties agree for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by both parties hereto, as follows:
IntroductionIncome Fund Agreement • March 28th, 2019
A pooled income fund (PIF) is a trust established and maintained by a public charity (such as a church, school, college, university, hospital, or medical research institution) which receives contributions from multiple donors and is defined in Internal Revenue Code (IRC) §642(c). The PIF is a split-interest gift plan which designates an irrevocable remainder interest for the use of the public charity which maintains the fund and provides an income interest for the life of one or more beneficiaries, each of whom must be living at the time of the asset transfer to the PIF. Contributions qualify for income, gift, and estate tax charitable deductions based on the present value of the charitable interest at the time the gift is completed. The fund is maintained by the organization to which the remainder interest is contributed. No donor or beneficiary of an income interest may be a trustee. A national charitable organization may maintain a fund for its affiliated local organizations with wh
