Estate Account definition

Estate Account means an Account that will be opened to settle the affairs of a deceased person.

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Estate Account has the meaning ascribed thereto in Section 1.1(g)(4) hereof.

Estate Account shall have the meaning ascribed thereto in Subsection 1.1(h);

Examples of Estate Account in a sentence

• You may request the Credit Union facilitate certain Estate Account or court-ordered account arrangements.

• All premiums and internal transfers credited to the Real Estate Account become part of separate account VA-2.

• For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed [2.0%] per year of average net assets.

• The Real Estate Account separate account charge is guaranteed not to exceed [2.5%] per year of average net assets.

• For the Real Estate Account, the value of an accumulation unit as of the end of each valuation day is determined by dividing A) the value of the account’s accumulation fund as of the end of the valuation day by B) the total number of accumulation units in the account outstanding as of the end of the valuation day.

• An Estate Account may be established if either the deceased person or the Personal Representative of the Estate is a current TruStone Financial member.

• The Real Estate Account is designated as “VA-2” and was established by TIAA in accordance with New York law to provide benefits under this contract and other contracts.

• For all Investment Accounts other than the Real Estate Account, the separate account charge is guaranteed not to exceed 2.0% per year of average net assets.

• The Real Estate Account separate account charge is guaranteed not to exceed 2.50% per year of net assets.

• The Real Estate Account is designated as “VA-2” and was established by TIAA in accordance with New York law to provide benefits under your contract and other contracts.

More Definitions of Estate Account

Estate Account has the meaning ascribed to it in Section 1.1(h)(iv)(B)(ii).‌

Estate Account means an account opened by a fiduciary on behalf of a formal estate. The estate will have its own Taxpayer Identification Number issued by the Internal Revenue Service (IRS). Additional documentation is required to open the account.

Estate Account is an Account opened by the personal representative, executor, or administrator appointed by court order to manage the estate of a deceased person. “Guardianship Account” (non-restricted guardianship) is an Account established pursuant to state law from which an individual who has been appointed by the court as the guardian of the property of a ▇▇▇▇ is permitted to make withdrawals without a court order.