Catina – InfoComm

Understanding Uncovered Interest Rate Parity – UIP.

October 25, 2022 by Catina

UIP states that the forward exchange rate between two currencies equals the spot exchange rate adjusted for the interest rate differential between the two countries. In other words, the expected future spot exchange rate equals the present spot exchange rate plus the interest rate differential between the two countries. The forward exchange rate is the … Read more

What is an Irrevocable Income-Only Trust (IIOT)?

October 25, 2022 by Catina

An Irrevocable Income-Only Trust (IIOT) is a trust that can only be used to generate income for the beneficiaries. The terms of the trust cannot be changed, and the trust cannot be terminated. The IIOT is often used in estate planning to protect assets from creditors and estate taxes. What happens to an irrevocable trust … Read more