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A charitable remainder trust is an irrevocable trust that provides income to one or more non-charitable beneficiaries for a period of time, after which the trust’s assets are distributed to one or more charitable beneficiaries. The most common type of charitable remainder trust is the charitable remainder annuity trust, which pays a fixed annuity to … Read more
The acronym VPO is normally used in the real estate market to refer to a type of housing that has public protection, and, as such, are subject to limitations regarding their price. In general terms, they are partially subsidized by the State or the territorial administration in question. What are Official Protection Housing? The acronym … Read more
Reinsurance is the contract signed by a reinsurer pursuant to a contract signed by an insurer, assuming part of the risk that it entails. In this way, all that candeteriorate A certain insurance will be distributed between both companies (the insurance company and the reinsurer). Reinsurance allows offering greater confidence and support to insurance companies, … Read more
