The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 16, 2012
Filed:
Jun. 28, 2010
Michael Richard Hoffman, Centerville, MD (US);
Michael Richard Hoffman, Centerville, MD (US);
Other;
Abstract
A method and computing system that receives a payment for each participant in a group of participants, and associates the payments with a time period to create a fund for the time period. The method identifies deceased participants in the group of participants who died during the time period, calculates a portion of the fund to disburse to each deceased participant; and disburses the portion of the fund to each deceased participant. When the participant is one of the deceased participants, the portion of the fund to disburse to the participant is a death benefit for the participant.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile