yes there is because you can have social benefits which is support for the family. You can also have child benefits which is about, if the child goes to school then your parents would get money for the child's basic needs such as, shelter, clothing, food and drink, e.g.
A statutory trust is a legal entity created under specific state statutes. It is commonly used in business transactions, particularly in the context of asset securitization or real estate investments. A statutory trust provides a framework through which assets can be held, managed, and distributed for the benefit of beneficiaries or investors.
Statutory Body
what is the difference between statutory audit and non statutory audit.
What is statutory inducements
What is statutory inducements
statutory expenses
The court appointed Executor of a will is entitled to payment or monetary compensation for taking on the task of performing the executor's duties. Generally, there is a statutory rate depending on where you are located. A death benefit that has no named beneficiary would be paid over to the estate. The Executor can pay herself the statutory rate out of the assets of the estate the same as payment of any debt, before any assets can be distributed to the heirs.Apart from statutory compensation that is reported to the court, the Executor is not permitted to simply take any assets and convert them to her own use.
A statutory body deals with written law; non-statutory deals with implied law.
what is statutory fund
There is no statutory lending ratio.
==One Answer== There is no textbook definition for a "statutory estate" in the U.S. Perhaps you are referring to the statutory right of a spouse to waive the will and take a statutory share of the estate instead.
legal and non legal