Irrevocable Trust Irrevocable Trust basically means an unchangeable or irreversible or unmodified trust by the grantor who has already signed to set up the trust in the first place.
Revocable Trust A Revocable Trust is a legal arrangement that passes assets from the grantor to the trust during his lifetime and distributes them to his heirs or beneficiaries after his death.
Local Area Network (LAN) System Local Area Network (LAN) System refers a system of telecommunication links that connects all computers in one firm
Revocable beneficiary Revocable beneficiary designation allowing the policyholder the right to change the beneficiary without consent of the beneficiary.
Reciprocal exchange Reciprocal exchange refers unincorporated mutual insuring organization in which insurance is exchanged among members and which is managed by an attorney-in-fact.
Irrevocable beneficiary Irrevocable beneficiary designation allowing no change to be made in the beneficiary of an insurance policy without the beneficiary’s
Strong Vocational Interest Blank Strong Vocational Interest Blank is a questionnaire about a person's interests which is matched with the reported interests of people in different vocations.
Asset allocation decision Asset allocation decision is the decision regarding how an institution's funds should be distributed among the major classes of assets in
Asset allocation mutual fund Asset allocation mutual fund is a mutual fund that rotates among stocks, bonds, and money market securities to maximize return on
Allocation-of-income Allocation-of-income rules mean US tax provisions that define how income and deductions are to be allocated between
Definition
[ n.]