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Liquidating agreement

Whether you report the loss as a long-term or short-term capital loss depends on how long you held the stock.

NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.

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If you acquired stock in the same corporation in more than one transaction, you own more than one block of stock in the corporation.

If you receive distributions from the corporation in complete liquidation, you must divide the distribution among the blocks of stock you own in the following proportion: the number of shares in that block over the total number of shares you own.

After the basis of your stock has been reduced to zero, you must report the liquidating distribution as a capital gain.

Whether you report the gain as a long-term or short-term capital gain depends on how long you have held the stock.

This is the official site of the WFT Liquidating Trust, formerly known as the Wisconsin Funeral Trust (the “Trust”).

On this site, you will find answers to common questions about the Trust, historical information about the receivership of the Trust from 2012 to 2015, and contact details if more information is needed.

Accordingly, the NYSE has informed the Company that it will set an ex-dividend date for the cash liquidating distribution of , they will also be selling the due bill and will not receive the cash liquidating distribution.

Conversely, anyone buying the shares between the record date and the ex-dividend date will also be acquiring the due bill and will be entitled to receive the distribution payable on to real estate funds managed by Brookfield Asset Management.  The 333 West 34th Street property was part of the collateral for the Company's cross collateralized and secured loan.  In connection with the sale, the Company paid approximately to real estate funds managed by Brookfield Asset Management.

The Trust remains active only for depositors existing as of the date of the receivership commenced in 2012. Funeral homes that have made deposits to the Trust on behalf of consumer-depositors can also check account balances here.