There are two ways to replace the active donors who don't respond: lapsed
renewal and new donor acquisition.
With a discretionary trust, the lapse of a power of withdrawal will be a taxable gift by the holder [subject to the application of the exception in section 2514(e)], except to the extent his or her creditors may reach the lapsed
amount (Practical Drafting, October 1996, chapter nine, section F, page 4657).
The cost to reactivate a lapsed
donor by telephone has been running at approximately $2 per reactivated donor, Christianson said.
H3: Contracts generated from the tied agent sales channel are less likely to be lapsed
than contracts sold by brokers.
With this revival initiative, Reliance Life policy-holders will be able to reincarnate their lapsed
policies by simply paying their due premium - without any penalty or medical tests.
LTC insurers typically deposit all checks they receive immediately upon receipt and, if they later determine funds have been remitted on a lapsed
policy, they refund it by issuing a separate check.
2) After multiple attempts at treating the donor as lapsed
, these donors might then be cycled back into acquisition efforts, where despite having been a long-time donor earlier in their lifetime, they are now spoken to as if they've never been supportive at all or are not recognized as a dedicated donor.
The Tax Court ruled that, because Eleanor did not exercise her general power of appointment in full, the unexercised (or lapsed
) portion of the trust, which passed to the grandchildren, was subject to the GST tax as a post-Sept.
contract is counted as a lapse in the model point, which represents the product and policy(holder) characteristics at the lapse date.
The making of any such Further Offer will require consent* of the Takeover Panel to a derogation from the prohibition on making a further offer within twelve months after the date on which the original Offer lapsed
The old fundraising adage "as acquired so renewed" is an effective but ho-hum way to acquire donors and to recapture those slacker-donors who have lapsed
* Is the expected increase in the value of the partnership interest, from the time of receipt to the time the risk of forfeiture has lapsed