摘要: A circumstance in which the court declares an individual unable to take care of legal matters and appoints another individual, known as a conservator, to do so.
This is sometimes referre[阅读全文:]
摘要: The ways in which people try to optimize their lifetime standard of living by ensuring a proper balance of spending and saving during the different phases of their life. Those who overspend and put of[阅读全文:]
摘要: 1. A beneficiary specified by an insurance contract holder who will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid.
2. A beneficiary who is onl[阅读全文:]
摘要: A written instrument, such as a deed or lease, that transfers some ownership interest in real property from one person to another.
You are typically charged a conveyance tax on the trans[阅读全文:]
摘要: A formal arrangement between a company and its employees - or the employees' union - that provides funding for the employees' retirement. This pool of funds can be financed in several ways and will [阅读全文:]
摘要: A type of gift transaction in which a donor contributes assets to a charitable trust which pays an annuity designed to leave a substantial proportion of the funds to charity upon termination of the an[阅读全文:]
摘要: A tax-exempt irrevocable trust designed to reduce the taxable income of individuals by first dispersing income to the beneficiaries of the trust for a specified period of time and then donating the re[阅读全文:]
摘要: A type of vesting that occurs entirely at a specified time rather than gradually.
Until the specified time there is no vesting, at which point the benefit becomes fully vested. For exam[阅读全文:]
摘要: A pension plan under which an employer credits a participant's account with a set percentage of his or her yearly compensation plus interest charges. A cash balance pension plan is a defined-benefit [阅读全文:]
摘要: The method of funding any type of qualified profit-sharing or stock bonus plan. Cash or deferred arrangements allow employees to contribute a portion of their salaries to the plan so that their saving[阅读全文:]