Beneficiary of Trust.

A beneficiary of trust is an individual or entity that is designated to receive benefits from a trust. The trustee is the individual or entity that manages the trust and is responsible for distributing the trust assets to the beneficiaries. The terms of the trust determine how the assets will be distributed and the trustee … Read more

How Can You Play the Float?

The “float” is the amount of time that elapses between when a check is written and when it is finally presented for payment. The Federal Reserve can influence the float by changing the reserve requirements for banks. If the reserve requirements are low, then banks can lend out more money, which means that there will … Read more