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A Fraudulent Transfer may be the Result of a Breach of Fiduciary Duties

ABI

5] After experiencing financial difficulties, a major creditor of TransCare issued a notice of non-renewal and pressured TransCare to liquidate. [6] 11] After the Trustee refused to provide NewCo with TransCare’s computer server, Tilton transferred the assets back to the TransCare Estate where they were liquidated by TransCare’s Trustee. [12]

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Understanding Guardianships

ISA

The guardian can be a family member, a friend, or public or private entity, such as a lawyer, bank, or trust company. Using FMV (orderly liquidation market) as the objective can present a problem if the property must be sold later to raise immediate cash by way of a liquidation sale.

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Transcending Fair Market Value

Value Scope

It may go up or down in value, but you get to look at it every day. Not too many people frame stock certificates, or bank statements.

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Transcending Fair Market Value

Value Scope

It may go up or down in value, but you get to look at it every day. Not too many people frame stock certificates, or bank statements.

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Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

Note that this framework applies for all businesses, from the smallest, privately owned businesses, where debt takes the form of bank loans and even credit card borrowing and equity is owner savings, the largest publicly traded companies, where debt can be in the form of corporate bonds and equity is shares held by public market investors.

Equity 52