Tag: spouse
Death Benefit
What is 'Death Benefit' Death benefit is the amount on a life insurance policy, annuity or pension that is payable to the...
Qualified Joint And Survivor Annuity (QJSA)
What is 'Qualified Joint And Survivor Annuity - QJSA'
An annuity payment from a qualified plan or 403(b) account that provides a life annuity to...
Joint Life With Last Survivor Annuity
What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...
Joint Account
DefinitionA joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can...
Joint Owned Property
What is joint ownership of property
Joint owned property refers to a situation in which two or more individuals own an asset together. There are...
Qualifying Domestic Trust (QDOT)
Qualifying Domestic Trust (QDOT) What is 'Qualifying Domestic Trust - QDOT' A type of trust that allows taxpayers who are not...
A-B Trust
What is 'A-B Trust' A trust created by a married couple with the objective of minimizing estate taxes. An A-B trust is...