Examples of Ascertainable standard in a sentence
Any person may serve as an advisor.(b) "Ascertainable standard" means that term as defined in section 7103 of the estates and protected individuals code, 1998 PA 386, MCL 700.7103.(c) "Claim" means a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured.
Has considered trusts as part of marital estate if more than an expectancy and then subject to division.⚫ Court decided when divorce took place 11 beneficiaries, Husband, 2 siblings and grandchildren and not a closed class because other descendants would be added as born.⚫ Ascertainable standard of sorts was included: support, etc.⚫ Lower court said it was part of the marital estate and said value was 1/11 x full value since husband was one of 11 beneficiaries and gave wife 60% to wife.⚫ Appealed.
In other, more trivial, cases, the additional costs beyond the original budget have multiplied the expected cost to the public treasury by up to seven times.
Ascertainable standard is defined as an ascertainable standard relating to an individual’s health, education, support or maintenance within the meaning of section 2041(b)(1)(A) or 2514(c)(1) of the Internal Revenue Code, as in effect on January 1, 2006.
Ascertainable standard" means a standard that is related to a trust beneficiary's health, maintenance, support, or education.835836837including division (D) of this section, or by the instrument839creating the trust, a fiduciary having funds belonging to atrust840which are to be invested may invest them in the following:841 Sec.