Let us assist with all your BBE Trust Administration & Compliance Affairs!
According to the Commissioner of the Broad-Based Black Economic Empowerment more than 50% of transactions involving Trusts are not compliant with the Code of Good Practice issued in terms of the BBBEE Act, which sets out certain minimum qualifying criteria for each type of trust.
How about getting you on the right side the law!
Through a historic new community-based Local Social Impact Investment Note, California residents can harness the power of local investment and help launch the Mendocino Wool Mill project. Economic Development & Financing Corporation (EDFC) offers investors an opportunity to shift their money from Wall Street to "Main Street" with the first Direct Public Offering of its kind in the state of California.
Spearheaded by local sheepshearer, Matt Gilbert, the wool mill will help revive a traditional industry that has huge potential to support local ranchers and artisans, and create new jobs while producing many fine locally-processed wool products.
EDFC is a 501(c)3 non-profit Community Development Financial Institution (CDFI), that has been operating in Mendocino County since 1995, with extensive lending history. Our mission is to connect money and ideas with entrepreneurs to create sustainable prosperity. We believe in building a healthy community that encourages resourcefulness, creativity and abundance for future generations. If you share this vision, we want to know you.
Details: The DPO mitigates risk by matching investments with grant funding and portfolio insurance. Each note has a 6-year term with a 2% annual interest rate. We are aiming to raise a minimum of $250,000 by February 2016. We have raised over $100k to date, see website to track our progress!
Please contact EDFC for more information and an investor packet. invest@edfc.org edfc.org
Planning for the Future While Protecting Your Assetsaquayle
Addresses structuring a medical practice in the most advantageous way for asset protection, audit risk and income risk. Also touches on financial and estate planning strategies that secure wealth for the future while protecting assets. There is also a review of potential tax planning opportunities for protecting and sturcturing wealth and estate
Through a historic new community-based Local Social Impact Investment Note, California residents can harness the power of local investment and help launch the Mendocino Wool Mill project. Economic Development & Financing Corporation (EDFC) offers investors an opportunity to shift their money from Wall Street to "Main Street" with the first Direct Public Offering of its kind in the state of California.
Spearheaded by local sheepshearer, Matt Gilbert, the wool mill will help revive a traditional industry that has huge potential to support local ranchers and artisans, and create new jobs while producing many fine locally-processed wool products.
EDFC is a 501(c)3 non-profit Community Development Financial Institution (CDFI), that has been operating in Mendocino County since 1995, with extensive lending history. Our mission is to connect money and ideas with entrepreneurs to create sustainable prosperity. We believe in building a healthy community that encourages resourcefulness, creativity and abundance for future generations. If you share this vision, we want to know you.
Details: The DPO mitigates risk by matching investments with grant funding and portfolio insurance. Each note has a 6-year term with a 2% annual interest rate. We are aiming to raise a minimum of $250,000 by February 2016. We have raised over $100k to date, see website to track our progress!
Please contact EDFC for more information and an investor packet. invest@edfc.org edfc.org
Planning for the Future While Protecting Your Assetsaquayle
Addresses structuring a medical practice in the most advantageous way for asset protection, audit risk and income risk. Also touches on financial and estate planning strategies that secure wealth for the future while protecting assets. There is also a review of potential tax planning opportunities for protecting and sturcturing wealth and estate
Loss leader strategies have been adopted across all sectors, services and products so far.
One of the most typical examples is razor blades, where producers literally give away razor units because once consumers acquire the unit they will need to buy blades.
Console games are usually sold at a loss to lure customer into purchasing higher margin games and subscriptions.
Loss leader used less for financial services or products and even less in the fund management system.
For the first time in August 2018 a Boston based fund power-house employed a loss leader strategy with the launch of two zero fees funds.
Fees charged by fund managers in the context of relationship with investors are not exclusively linked to the active management of the portfolio.
Fees typically cover costs associated to management of these investments and costs related to third parties involved in the investments.
Actively managed funds are more expensive because they allow for continuous deliver of alpha and outperformance of a benchmark index;
Passively managed funds are a much cheaper option because they replicate composition of a benchmark index to define their portfolios.
Not all fund houses – be them managing funds actively or passively – can afford to have an exclusive range of free funds.
Fund management comes at a cost.
According to FCA spokesman, fees charged by fund managers should remain and greater emphasis should be posed on transparency of fees for investors.
Recent regulatory changes impacting financial services regulation have mixed effect on the blossoming of a no fee fund ecosystem in Europe:
Retail Distribution Review (RDR) initiative and ensuing prohibition for fund managers to pay commission to distributors might push distributors to cost efficient solutions for their clients.
MiFID II, instead, calls for greater transparency on fees and amounts charged by fund managers to investors, both in advance of the investment and on an ongoing manner.
No fee funds might come with transparency conflicts and might not be a fit within the current climate for financial services in Europe.
Keith Towns founded Emerge Financial Group to provide clients with individualized plans and guidance for long-term financial security. Under Keith Towns’ leadership, Emerge Financial Group offers services that cover business and personal wealth management needs, including the management of long-term care costs.
Every day, thousands file for bankruptcy to get out of a serious debt problem they are facing affecting the person's bank accounts and lives. Causes leading someone to this unfortunate situation are many and here we will attempt to highlight some of the more common ones. Regardless of the cause, bankruptcy is the go-to solution for a lot of people finding themselves in financial dire straits.
Fred M. Orentlich, Frederick Orentlich, and Frederick M. Orentlich all are the same person but famous with shorts names in lots of states. Fred Orentlich is a famous finance consultant.
Alan Borthwick from DUX Financial Services explores the opportunities and limits placed on CoHousing when seeking capital or lending through traditional channels.
Loss leader strategies have been adopted across all sectors, services and products so far.
One of the most typical examples is razor blades, where producers literally give away razor units because once consumers acquire the unit they will need to buy blades.
Console games are usually sold at a loss to lure customer into purchasing higher margin games and subscriptions.
Loss leader used less for financial services or products and even less in the fund management system.
For the first time in August 2018 a Boston based fund power-house employed a loss leader strategy with the launch of two zero fees funds.
Fees charged by fund managers in the context of relationship with investors are not exclusively linked to the active management of the portfolio.
Fees typically cover costs associated to management of these investments and costs related to third parties involved in the investments.
Actively managed funds are more expensive because they allow for continuous deliver of alpha and outperformance of a benchmark index;
Passively managed funds are a much cheaper option because they replicate composition of a benchmark index to define their portfolios.
Not all fund houses – be them managing funds actively or passively – can afford to have an exclusive range of free funds.
Fund management comes at a cost.
According to FCA spokesman, fees charged by fund managers should remain and greater emphasis should be posed on transparency of fees for investors.
Recent regulatory changes impacting financial services regulation have mixed effect on the blossoming of a no fee fund ecosystem in Europe:
Retail Distribution Review (RDR) initiative and ensuing prohibition for fund managers to pay commission to distributors might push distributors to cost efficient solutions for their clients.
MiFID II, instead, calls for greater transparency on fees and amounts charged by fund managers to investors, both in advance of the investment and on an ongoing manner.
No fee funds might come with transparency conflicts and might not be a fit within the current climate for financial services in Europe.
Keith Towns founded Emerge Financial Group to provide clients with individualized plans and guidance for long-term financial security. Under Keith Towns’ leadership, Emerge Financial Group offers services that cover business and personal wealth management needs, including the management of long-term care costs.
Every day, thousands file for bankruptcy to get out of a serious debt problem they are facing affecting the person's bank accounts and lives. Causes leading someone to this unfortunate situation are many and here we will attempt to highlight some of the more common ones. Regardless of the cause, bankruptcy is the go-to solution for a lot of people finding themselves in financial dire straits.
Fred M. Orentlich, Frederick Orentlich, and Frederick M. Orentlich all are the same person but famous with shorts names in lots of states. Fred Orentlich is a famous finance consultant.
Alan Borthwick from DUX Financial Services explores the opportunities and limits placed on CoHousing when seeking capital or lending through traditional channels.
ESOPs 101 (Series: Cross-Training for Business Lawyers 2020) Financial Poise
Employee stock ownership plans (ESOPs) are plans regulated by the Employee Retirement Income Security Act (ERISA) and designed to allow employees to invest in the stock of their employer. The shareholder participants/employees as well as the sponsoring company generally receive tax benefits through the use of the plan. And while they are generally touted as designed to promote employees’ interest and efforts in maximizing the value of the company for the benefit of both employer and employees, ESOPs are often used as a method of corporate finance by the sponsoring company.
To listen to this webinar on-demand, go to: https://www.financialpoise.com/financial-poise-webinars/esops-101-2020/
This paper explores Charitable Remainder Trusts as a retirement strategy for real estate investors, and how to maximize its effectiveness. Using principles rooted in the Prosperity Economics Movement, a CRT can be a great choice without fear of disinheriting heirs.
The allocation of executive compensation resources is being scrutinized by internal and external forces. Regulations, board governance issues, and the lower margins require new thought processes on the various pieces of the compensation puzzle and how they fit together.
Presentation by Maurice Blackburn head of Superannuation John Berrill to the Association of Superannuation Funds of Australia (ASFA) National Conference, Melbourne, 2014.
View John's profile: http://www.mauriceblackburn.com.au/our-people/lawyers/john-berrill/
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
Military Commissions Trial Judiciary, Guantanamo Bay, Cuba. Notice of the Chief Defense Counsel's detailing of LtCol Thomas F. Jasper, Jr. USMC, as Detailed Defense Counsel for Abd Al Hadi Al-Iraqi on 6 August 2014 in the case of United States v. Hadi al Iraqi (10026)
2. 2
What is a Trust?
• A Trust generally refers to an arrangement in terms of which a person, often the Founder or
Trustee, holds property or asset for the benefit of another, commonly known as a beneficiary, and
can be for charity or estate planning, amongst other reasons.
• Under the B-BBEE Act, a Trust can be used to facilitate ownership by employees, communities or
other similar collective groups.
• Trusts have a potential of advancing transformation of the economy as they increase the number
of black people owning, managing and controlling the productive assets and entities in the
country. This will assist in broadening ownership as intended in the B-BBEE Act.
3. 3
Benefits of a BEE Trust
• It is easy to form
• The BEE Trust is the shareholder in the company, and not the beneficiaries.
• Perpetual succession
• Estate planning and avoidance of estate duties
• Capital Gains advantage
• Accounting & disclosures
9. 9
• The Trust Deed must define the beneficiaries and the proportion of their entitlement to receive distributions: a
written record of the names of the beneficiaries or the use of a defined class of natural person satisfies the
requirement for identification.
• A written record of fixed percentages of entitlement or the use of a formula for calculating entitlement satisfies the
need for defining proportion of benefit.
• The Trustees must have no discretion on the above-mentioned terms; and on winding-up or termination of the
trust, all accumulated Economic Interest must be transferred to the beneficiaries or to an entity representing the
interest of the participants or class of beneficiaries.
11. 11
• We have a team with extensive knowledge
and experience in trust administration ,tax,
governance and accounting
• Our panel of experts will ensure that your
Trust affairs are handled efficiently and
effectively, in line with Code 100 of the B-
BBEE Codes of Good Practice
We relieve trustees of all the
administrative duties associated
with BEE Trusts
• Governance & Secretarial Duties
• Distribution & Accounting Duties
• Beneficiary Engagement
• External Relations
12. Let’s get your BEE Trust affairs on the right track
Email: Legal@npiconsulting.co.za
