The ESBT is the only trust that can hold S Corporation stock, have more than one beneficiary, and allow the trustee discretion over distributions, without causing a loss of the S corporation election.
Affair of the Placards The Affair of the Placards (French: Affaire des Placards) was an incident in which anti-Catholic posters appeared in public places in Paris and in four major provincial cities: Blois, Rouen, Tours and OrlÃ©ans, overnight during 17 October 1534.
Affair of the Diamond Necklace. The Affair of the Diamond Necklace was an incident in 1785 at the court of King Louis XVI of France involving his wife, Queen Marie Antoinette. The reputation of the Queen, already tarnished by gossip, was ruined by the implication that she participated in a crime to defraud the crown jewelers of the cost of a very expensive diamond necklace. The Affair is historically significant as one of the events that led to the French populace's disillusionment with the monarchy, which, among other causes,