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44 Results for Tag: family

Kiddie Tax

DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code § 1, which "taxes certain unearned income of a child at the parent's marginal

Kicker

Kicker What is 'Kicker' 1. A right, exercisable warrant, or other feature that is added to a debt instrument to make it more desirable to potential investors by giving the debt holder the

Healthcare Power Of Attorney (HCPA)

Healthcare Power Of Attorney (HCPA) What is 'Healthcare Power Of Attorney - HCPA' A legal form that allows an individual to empower another with decisions regarding his or her healthcare a

Year Over Year (YOY)

Year Over Year (YOY) What does 'Year Over Year - YOY' mean Year over year (YOY) is a method of evaluating two or more measured events to compare the results at one time period with those o

Incentive Trust

DefinitionIn American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income or principal as an

Immediate Family

Immediate Family What is an 'Immediate Family' Immediate family members usually include a person’s parents, spouse, children and siblings. A person’s grandparents, grandchildren, in-la

Immediate Beneficiary

Immediate Beneficiary What is 'Immediate Beneficiary' A beneficiary designation most commonly used in charitable gift planning to describe which parties get an immediate benefit from a tra

Omega

Omega What is 'Omega' In finance, omega represents the percentage change in an option's value with respect to the percentage change in the underlying price. Omega (Ω) measures the levera

One-Child Policy

DefinitionThe one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979 and began to be formally phased out near the end of

Main Home

Main Home What is 'Main Home' A term used by the Internal Revenue Service (IRS) to define the home a taxpayer has lived in most of the time during a given taxation year, or the only home a
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