EDU Articles
Learn about investing, trading, retirement, banking, personal finance and more.
What is a Revocable Trust?
A Revocable Trust is also known as a Living Trust, and it is an estate planning vehicle that allows you to determine how your assets are dispersed to heirs or other entities. While you are alive, you can modify the trust without restriction.
When setting up a Revocable Trust, you generally name a Trustee (the person that will care for the assets in the trust and oversee distribution) and define the terms and conditions of the Trust. It is also possible to name yourself the Trustee in a Revocable Trust while you’re alive, but you should also name a contingent Trustee in the event of your death.
The “Revocable” part of the trust means you can modify or cancel any of the terms and conditions of the Trust at any given time, without restriction, which usually includes removing all of the assets from the Trust with no penalties or tax implications.
Do I Need Professional Help to Prepare a Trust?
How Much Does it Cost to Prepare a Trust?
What are Industrials Stocks?
Industrials stocks include companies that are in the business of construction and manufacturing
What is a covered straddle?
A covered straddle is a bullish option strategy, where the investors writes the same number of puts and calls with...
What is Medicare Part B?
Medicare Part B covers some doctors visits, outpatient care, and many other services not covered by Part A
What does covariance mean?
Covariance is a measure of what degree the returns on two assets move in tandem. In a diversified portfolio, an investor
What is Bank Credit?
Bank Credit is the amount of loaned capital that an individual or business is capable of getting from a bank at a...
What is a Federally Covered Advisor?
The IASC was part of the NSMIA legislation passed in 1996. Up until that point, all advisors were regulated by the SEC
What are Fibonacci Clusters?
Fibonacci Clusters are the consolidated information which will reveal the primary overlapping data from the cluttered chart
What is a commodity pool?
Commodity pools are like the REITs of the commodity world, and some of them can be categorized as hedge funds or MFAs
What is a Home Office?
Some people use the term “home office” to loosely refer to the fact that they work primarily from their home, while...
What is an Investment Center?
An investment center is an almost autonomous division of a company whose purpose is to generate returns on invested money