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You co signed for your grandsons loan. He has no payments due until he graduates and is employed for six months. If he quits school can they get money from you if all your assets are in a trust?
Wiki User
∙ 9y ago
Assets owned by a properly drafted trust are protected from individual debts. However, many trusts are improperly drafted and that leaves assets vulnerable to creditors.
Wiki User
∙ 9y ago
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Capital Employed is equal to?
Capital Employed = Fixed assets + current assets - current Liabilities
Is capital employed equal to total assets in balance sheet?
no.
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The balance of payments accounts cannot be in surplus because there is always a balance in economics. For example, if you used cash assets to purchase equipment, the equipment account will increase but the cash assets account will decrease.
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The executor must make the payments from any assets of the deceased Estate until the Estate is settled.
what is future of btc in 2024?
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After the payments of their debts, their assets are distributed to their heirs under the provisions in their will or by the laws of intestacy if they have no will. You can check the laws of intestacy in the US and the UK at the related question link provided below.
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Return on capital employed means an accounting ratio used in finance, valuation, and accounting. Not to be confused with return on equity, it is similar to return on assets yet takes into account sources of financing.
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Current assets are those items which are usable during current year while current liabilities are those payments which are payable within one fiscal year.
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Can your ex have your car towed ifi am behind on payments?
Not directly (at least not legally). She could obtain a court judgment against you and have your assets seized.
What happens when you sublease a car and the company that you leased from goes into liquidation?
You will have to make the payments to the company that purchases their assets, it doesn't mean you get a free car.
