The phrase "assets of the first" is correct and usable in written English.
It can be used in contexts discussing ownership, financial matters, or legal documents where you are referring to the assets belonging to a specific entity or individual identified as "the first."
Example: "The assets of the first shall be distributed according to the terms outlined in the will."
Alternatives: "property of the first" or "holdings of the first".
The fund will also buy all assets of the First Bangkok City Bank, which the government forced Krung Thai to take over two years ago and which is now defunct.
Michael Klein, the boss of corporate and investment banking at Citigroup, describes Britain's capital as New York, Chicago, Houston and Washington, DC, rolled into one, because it trades all the assets of the first three and is regulated on the spot as well.
It is clear that the assets of the first group, which are invested in other nonfinancial corporations and which comprised 30.4% in 2004 and 27.2% in 2005, are greater than those of the second group, which were 16.9 and 16.8%.
That's remarkable, considering he has spent decades drafting more complicated estate plans for other affluent couples plans designed to minimize estate taxes by putting some assets of the first spouse to die into a "bypass" trust for the kids.
An alternative, when using a portability-based estate plan, to having assets go outright to the surviving spouse is to have the assets of the first spouse to die pass to a QTIP Trust.
That's remarkable, considering he has spent decades drafting more complicated estate plans for other affluent couples--plans designed to minimize estate taxes by putting some assets of the first spouse to die into a "bypass" trust for the kids.
As a result of the merger, UBS exceeded CHF1 billion of assets for the first time and completed the transition of its operations to Zurich.
Universal, Sony and the Warner Music Group are also among the companies who are said to be bidding on the assets of the fourth major label, EMI, a sale that is expected to be completed soon.
The two largest U.S. cable companies are joining forces to buy the assets of the fifth largest.
The concept of combining the assets of the seventh- and second-largest U.S. cable outfits is not a new one, but now may be the right time to do it.
AssetOne accounts, which require a $50,000 minimum, are charged a flat fee on an annual basis, based on the size of the account, starting at 1percentt of assets for the first $1 million and declining for larger amounts.
