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    Estate Planning

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    Estate Planning No matter what stage of life you are in‚ it is never too early to get educated about and consider the benefits of estate planning. Estate plans are not only about protecting valuable possessions or leaving a legacy for your heirs. Estate planning is a means of organizing an estate to meet the need of the entire family as efficiently and economically as possible. When the right strategy is in place‚ an estate plan can help cover the ongoing expenses and special needs of your child

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    Parent Partnership

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    parent partnership AT HOME AWAY FROM HOME IT IS OUR PLEDGE TO WORK HAND IN HAND WITH PARENTS TO ENSURE EVERY CHILD GETS THE BEST POSSIBLE START IN LIFE. WE BELIEVE THAT PARENTS SHOULD BE AT THE HEART OF ALL DECISIONS ABOUT SERVICES AND CARE FOR THEIR CHILDREN‚ THEREFORE WE PROMISE TO LISTEN‚ COMMUNICATE‚ GUIDE AND EXPLAIN ALL SERVICES WHICH CHILDREN TAKE PART IN. INSURING EACH CHILD ACHIEVES THEIR FULL POTENTIAL THROUGH EXCELLENT COMMUNICATION AND PARENT PARTNERSHIP BETWEEN HOME AWAY FROM HOME

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    Chapter 10 Plant Assets‚ Natural Resources‚ and Intangibles QUESTIONS 1. A plant asset is tangible; it is used in the production or sale of other assets or services; and it has a useful life longer than one accounting period. 2. The cost of a plant asset includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. 3. Land is an asset with an unlimited life and‚ therefore‚ is not subject to depreciation. Land improvements have

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    Chapter 5 Case -- Stem Corporation (A)* On December 31‚ 2006‚ before the yearly financial statements were prepared‚ the controller of the Stem Corporation reviewed certain transactions that affected accounts receivable and the allowance for doubtful accounts. The controller first examined the December 31‚ 2005‚ balance sheet (Exhibit 1). A subsequent review of the year’s transactions applicable to accounts receivable revealed the items listed below: 1. Sales on account during 2006 amounted to $9

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    The Three Estates

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    society was divided into three groups known as the “Three Estates” (the Church‚ the Nobility‚ and the Peasantry). Follow this analogy by placing contemporary western society into three groups (or three modern “estates”). Name what these modern estates would be and describe what they would look like. Use your imagination‚ but limit yourself to three categories.  Dr.Rock HUMN 101 18 March 2012 The Three Estates The classical Three Estates (social classes) during the mideival period were the Clergy

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    partnership questions

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    Chapter 11 True/False Indicate whether the statement is true or false. ____ 1. A property distribution from a partnership to a partner is generally taxable to the partner. ____ 2. For Federal income tax purposes‚ a distribution from a partnership to a partner is treated the same as a distribution from a C corporation to its shareholders. ____ 3. In a liquidating distribution‚ a partnership need not distribute all of its property to all of its partners. ____ 4. A distribution cannot

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    Trust Law

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    The Law of Trusts Consultation Times: Tuesday (9.30-10.30) WEEK 1: INTRODUCTION TO TRUSTS What is a Trust? Where one person is legally obligated to hold an asset for the benefit of another person Incomplete description; trusts can arise where one person is legally obligated to hold an asset for a specified purpose and not for an individual person…e.g. trusts for charitable purposes (don’t raise obligations to benefit any one person as such‚ but raise benefits for a specific purpose)

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    estate tax

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    College of Business and Accountancy COLUMBAN COLLEGE‚ INC. No. 1 Mt. Apo Street‚ New Asinan Olongapo City 2200 Tel. No.: (047) 222-3329  Telefax No.: (047) 222-7789  Website: www.columban.edu.ph DEDUCTIONS FROM GROSS ESTATE 1. Classify the following into exclusive deduction or conjugal/communal deduction. a. Funeral expenses b. Judicial expenses c. Loss of exclusive properties d. Loss of conjugal/communal properties e. Claims against exclusive properties f. Claims against conjugal/communal

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    Existence of Partnerships

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    existence of a partnership is to be determined from what the parties do rather than what the parties call themselves.’ Introduction Partnerships‚ one of the simplest forms of business structure‚ are creatures of contract and trust.1 Due to the contractual nature and unlimited liability of partnerships it is essential that people understand the definition of partnerships in order to avoid facing loss of personal property in situations where the intention was not to create a partnership. What the parties

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    Partnership Working

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    | | |Partnership Evaluation | | | |

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