But the trust which distributes cash from the Health Lottery said it was a valuable funding source.
Even leaving a home with a trust stuffed with cash to maintain it can backfire, because the children "will resent that the cash went to the house and not to them, " he says.
Details of cash Child Trust Funds can be found on the Moneyfacts website (see link on right).
An already tight money market was now further strained by the trust companies pulling their cash out of the market.
If Marvin borrowed millions from Raynes' trust without returning the cash, as Raynes contends, Barbara could face a whopper of a tax bill.
Still, if the trust does run out of cash, he doesn't owe the charity anything.
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The goal is to sell five products to each customer, be they trust services, loans or cash management.
The banks were calling in their loans, but the investment-trust companies were flush with cash so the chaebol tapped them instead.
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These affinity frauds seem all too common these days as people search for someone to trust with their hard earned cash.
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The trust hopes to raise the cash needed by the sale of land occupied by offices and a former training college.
With the support of Dame Judi Dench, the Woodland Trust has been appealing for cash to buy Wentwood Forest near Newport in south Wales.
Over the past decade, as fixed-income rates and stock dividends have shrunk, the ranks of cash-strapped trust fund babies have grown ( see story, p. 60).
Gene Marks is owner of Marks Group, a technology consulting firm, and author of In God We Trust, Everyone Else Pays Cash--Simple Lessons From Smart Business People.
In a lot of countries, they give cash to someone they trust.
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The Retail Banking segment provides deposit, lending, brokerage, trust, investment management, and cash management services to consumer and small business customers within its primary geographic markets.
Striking staff have burned dismissal notices sent by the cash-strapped Mid Yorkshire NHS Trust.
Every consummated transaction that is not cash- or credit-based requires trust in the other party and in the security of the payment mechanism.
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Moreover, it appears that the Arbitrator concluded that Respondent MSSB wrongfully precluded the Executor from timely reinvesting a mandatory required cash distribution back into the the subject Trust .
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For some borrowers, such as individuals with large deferred compensation arrangements or who are expecting a large inflow of cash in the near future (access to trust funds becomes available, a legal settlement has been resolved and payout is imminent, etc.) this arrangement allows them to access their full borrowing potential without committing to immediate payment.
Everything else, including cash and securities, would go to a living trust set up in 1997.
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After a few years the trust takes back the art and sells it, crediting the cash to the donor's charitable account.
The price is based on the market value of the underlying securities and includes cash and other assets and liabilities held by the trust.
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Price Waterhouse Coopers said the trust "lacked transparency" in its reporting of the scale of cash problems.
But the drawing down of principle isn't sustainable, and now there's a cash flow problem--money flowing into the Highway Trust Fund is projected to drop.
One is to lend employees cash secured on shares held in an employee-benefit trust, usually offshore, as part of their annual bonus but deferred for three to five years.
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The company owns 429 of its stores nearly 39% and some of those could be sold to raise cash or be put into a real-estate investment trust that controls the stores and subleases space to other retailers.
Bond trading made the situation seem dire, although it may well have been affected by investors fleeing the stock and commodities markets and parking their cash in short-term Treasury securities, fearing to trust banks in light of the current economic turmoil.
The left-of-centre organisation said Gordon Brown should use the extra cash to help Britain's poorest youngsters through the Child Trust Fund.
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You can place cash, stock, real estate or other valuable assets in your trust.
The trust said regular users will still get a discounted price with a pre-paid cash card.
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