Tag: gift
8 Promotional Items Clients Truly Get Use Out Of
Clients love receiving free merch and promo items after staying loyal to a company for a few years. You can even get proactive with...
Charitable Remainder Trust
What is a Charitable Remainder Trust
A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...
Qualified Personal Residence Trust (QPRT )
What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...
Qualified Terminable Interest Property (QTIP) Trust
What is a Qualified Terminable Interest Property (QTIP)?
A Qualified Terminable Interest Property, or QTIP, is a type of trust that provides income to a...
Family Limited Partnership (FLP)
What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...
Generation-Skipping Trust
What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are...
Generation-Skipping Transfer Tax (GSTT)
What is 'Generation-Skipping Transfer Tax - GSTT' A tax incurred when there is a transfer of property by gift or inheritance to...
Donor Advised Fund
What is a Donor Advised Fund
A donor advised fund (DAF) is a type of charitable giving vehicle established by donors to provide an easy...
John T. Chambers
DefinitionJohn Thomas Chambers is the former executive chairman and CEO of Cisco Systems. John T. Chambers What is 'John T. Chambers' The...
Laughing Heir
DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...