An estate is the property of an individual at the time of their death. All real and personal property, including money and other assets, are included in the estate. The estate is responsible for any debts and liabilities the individual may have. The estate is divided among the heirs according to the individual’s will or, … Read more
A revocable beneficiary is an individual who is named in a trust or will as a beneficiary but who can be removed or replaced by the grantor at any time. This type of beneficiary designation allows the grantor to change their mind about who should receive their assets after they die, without having to go … Read more
A testamentary trust is a trust that is created by a will and that only comes into existence upon the death of the person who created the trust (the “grantor”). The trust property is generally distributed to the beneficiaries named in the trust after the grantor’s death. A testamentary trust can be used to achieve … Read more
The Uniform Transfers to Minors Act (UTMA) is a law that governs the transfer of property to minors. Under UTMA, property can be transferred to a minor without the need for a court-approved guardianship. The property is held in trust for the benefit of the minor, and the trustee has a duty to manage the … Read more
A nonfinancial asset is an asset that does not have a primary purpose of providing a financial return. Nonfinancial assets include things like land, buildings, and natural resources. They also can include intangible assets such as patents and copyrights. Nonfinancial assets can provide a company with long-term benefits, but they are not typically used to … Read more
V. Stand for? NV stands for “net value.” Net value is a term used to describe the value of an investment after deducting all fees, expenses, and taxes. It is used to give investors a more accurate picture of their investment’s true worth. What is bv and NV in Netherlands? BV and NV are both … Read more
Using Systematic Investment/Dividend Reinvestment Plans. A systematic investment plan (SIP) is an investment plan offered by many financial institutions that allows investors to make regular, small investments into a chosen financial product, typically over a period of time. Dividend reinvestment plans (DRIPs) are a type of SIP that reinvest dividends paid out on an investment … Read more
A Swap Execution Facility is a trading platform that allows for the centralized trading of swaps. In order to be classified as a SEF, the platform must meet a number of requirements set forth by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Dodd-Frank Act was enacted in response to the financial crisis … Read more
How They Work, Critiques, and Examples. What are dark pools? How they work? Critiques? Examples? Does Schwab use dark pool? Yes, Schwab uses dark pool trading. Dark pool trading is a type of trading that takes place away from public exchanges. This allows traders to buy and sell shares without affecting the public market. Dark … Read more
An alternative investment is an investment in an asset that does not fall into one of the conventional asset classes such as stocks, bonds, or cash. Alternative investments include assets such as hedge funds, private equity, and venture capital. Alternative investments are often thought of as being more risky than traditional investments. This is because … Read more
