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Occasionally we will do a ,000.00 loan but only if it meets State and Federal lending laws and if the collateral is so attractive that we can't think of a reason not to.

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It may take several years for such assets to be converted into cash.

Such assets may consist of securities that are illiquid or have certain restrictions or monies held in escrow where it will take several years for the conditions to be met for release of such funds.

The trustee takes control of the newly formed liquidating trust.

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Distributions made on striking off Transactions In Securities HMRC can use the Transactions In Securities (TIS) anti-avoidance rules to counteract an income tax advantage for a shareholder in certain circumstances.A repayment of capital of up to £25,000 to shareholders on striking off is treated as capital for tax purposes.Where assets are in excess of £25,000 capital tax treatment may be obtained by using liquidation instead of striking off.The trust will be considered a liquidating trust with the primary purpose of liquidating its assets.Should the purpose of the entity change, such as to carry on a for-profit business, then the entity will no longer be considered a liquidating trust.A liquidating trust may also be an effective method for a fund manager to wind down a fund without having a significant role in the liquidation.