Tax treatment of liquidating trusts consumer reviews of online dating sites

)--Black Rock Advisors, LLC today announced additional details related to the liquidation of Black Rock Defined Opportunity Credit Trust (formerly NYSE: BHL) (the “Fund”).

On August 18, 2017, the Fund will distribute to common shareholders .7550 per share in a cash liquidation distribution plus a 1:1 per share interest in BHL Liquidating Trust (the “Liquidating Trust”) with a fair value of

Forward-looking statements speak only as of the date they are made, and Black Rock assumes no duty to and does not undertake to update forward-looking statements.Investors and others are advised to check the website for updated performance information and the release of other material information about the Fund.This reference to Black Rock’s website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate Black Rock’s website in this release.In general, the term “trust” as used in the Internal Revenue Code refers to an arrangement created either by a will or by an inter vivos declaration whereby trustees take title to property for the purpose of protecting or conserving it for the beneficiaries under the ordinary rules applied in chancery or probate courts.Usually the beneficiaries of such a trust do no more than accept the benefits thereof and are not the voluntary planners or creators of the trust arrangement.

.015 per share of the Fund’s common shares.

There are other arrangements which are known as trusts because the legal title to property is conveyed to trustees for the benefit of beneficiaries, but which are not classified as trusts for purposes of the Internal Revenue Code because they are not simply arrangements to protect or conserve the property for the beneficiaries.

These trusts, which are often known as business or commercial trusts, generally are created by the beneficiaries simply as a device to carry on a profit-making business which normally would have been carried on through business organizations that are classified as corporations or partnerships under the Internal Revenue Code. An investment trust with a single class of ownership interests, representing undivided beneficial interests in the assets of the trust, will be classified as a trust if there is no power under the trust agreement to vary the investment of the certificate holders.

Black Rock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, i Shares (exchange-traded funds), and other pooled investment vehicles.

Black Rock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through Black Rock Solutions.

Annual and Semi-Annual Reports and other regulatory filings of the Fund with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at gov and on Black Rock’s website at and may discuss these or other factors that affect the Fund.

The information contained on Black Rock’s website is not a part of this press release.

Forward-looking statements speak only as of the date they are made, and Black Rock assumes no duty to and does not undertake to update forward-looking statements.Investors and others are advised to check the website for updated performance information and the release of other material information about the Fund.This reference to Black Rock’s website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate Black Rock’s website in this release.In general, the term “trust” as used in the Internal Revenue Code refers to an arrangement created either by a will or by an inter vivos declaration whereby trustees take title to property for the purpose of protecting or conserving it for the beneficiaries under the ordinary rules applied in chancery or probate courts.Usually the beneficiaries of such a trust do no more than accept the benefits thereof and are not the voluntary planners or creators of the trust arrangement.

Leave a Reply

  1. west norfolk dating 21-Sep-2017 12:48

    She was in the process of finishing her Math exam and she was exhausted of class.

  2. who is dating russell simmons 24-Sep-2017 23:30

    Whether you're a good lover of United States or simply appearing to hook up fans online, you have the ability to usage our filters and advanced search to find singular females and guys in your location who match your attraction in United States.

  3. ca cambria dating email 29-Oct-2017 11:25

    But having read a few books by Howard Zinn or Noam Chomsky does not make you somehow more enlightened than the average Joe with whom you claim affinity but toward whom you actually condescend. But whichever it is, Henry, your self-serving stories about visiting the troops through the USO and knocking around the Third World to see how the other half lives—once so entertaining—have become intolerable these past couple of years.