TVF understands that parties may receive periodic payments
from an array of sources and due to varying circumstances, ranging from a personal injury settlement and state lottery earnings to personal injury lawsuits or casino jackpots.
10) The regulations provide separate timing rules depending upon whether payments are classified as periodic payments
, nonperiodic payments, or termination payments.
She went on to explain that the Finance Ministry had given assurances for periodic payments
in the case of applications for payments by the managing authority of the "Environment" Operational Program.
Because structured settlement recipients sometimes have accident-related injuries that can reduce their life expectancy, medical underwriting can potentially increase their periodic payments
6 million because the language of the contract clearly stated the periodic payments
would cease upon Bernath's death.
For a detailed discussion of the issues in this area, see the article by Linda Burilovich and Andrew Burilovich, "Substantially Equal Periodic Payments
from an IRA," in the October 2008 issue of The Tax Adviser.
Immediately before Gary's current obligations terminated, his court-ordered periodic payments
stood at $96 per week plus 20 percent of his bonuses.
I welcome the introduction of periodic payments
in appropriate circumstances as they ensure that justice is achieved for both parties," went on Mr Hunjan.
Avoidance of the penalty (but not taxes) is available if the owner takes substantial equal periodic payments
over their life expectancy for at least five years.
Negative amortization, involving a payment schedule in which regular periodic payments
cause the principal balance to increase.
This will reportedly see Kodak making periodic payments
to Heidelberg over a two-year period should certain performance goals be achieved.
Enables periodic payments
on homeequity loans that will allow consumers more flexibility to choose whether to make monthly or bimonthly payments on their home-equity loan.