Tag: advice

Losing a loved one is already a challenging and emotional experience, and matters can become even more complex when disagreements over the deceased's will...

What are hard dollars Hard dollars are funds that are specifically designated for a particular purpose. In business, hard dollars usually refer to expenditures that...

What is a back up and what does it mean for the securities market A back up is a slang term for the movement in...

What is 'Paraplanning' A relatively new position within the financial planning industry that involves the performance of the administrative duties of a...

What is 'Qualified Disclaimer' A refusal to accept property that meets with provisions set forth in the Internal Revenue Code Tax Reform...

The four percent rule, in the simplest of terms, and helps in determining the amount of funds that a retired person should withdraw from...

DefinitionA fairness opinion is a professional evaluation by an investment bank or other third party as to whether the terms of a merger, acquisition,...

What is a 'Fair Weather Fund'? A fair weather fund is a type of investment fund that tends to perform well during periods of economic...

What is a Federal Advisory Council A Federal Advisory Council (FAC) is a federal body created to provide advice, counsel, and recommendations to an entire...

DefinitionA tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are...