Dorella

High-Net-Worth Individual Criteria and Examples.

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What is a High-Net-Worth Individual (HNWI)? A high-net-worth individual (HNWI) is an individual with a high net worth. How do I get my HNI status? There is no single answer to this question as the definition of an HNI varies from country to country and even from organization to organization. However, in general, an HNI … Read more

Fraternal Organization.

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A “fraternal organization” is a society, order, or association which: 1. Has a fraternal purpose; 2. Has a lodge system; 3. Makes use of ritual or ceremony; 4. Is composed of physically fit men over the age of 18; and 5. Has a representative form of government. Do nonprofit organizations pay taxes? No, nonprofit organizations … Read more