Meaning REVOCABLE TRUST: A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at any time, the assets are considered part of the grantor's estate and they are taxed as such
More terms such as Revocable trust in Dictionary R.
- Definition Return Of Capital:
- Examples A cash distribution resulting from the sale of a capital asset, or securities, or tax breaks from depreciation revocable trust definition.
- Definition Rembrandt Market:
- Examples The foreign market in the Netherlands revocable trust explain.
- Definition Real Interest Rate:
- Examples interest excluding the effect of expected inflation; that is, the rate that is earned in terms of constant-purchasing-power dollars. Interest rate expressed in terms of real goods, i.e. nominal revocable trust what is.
- Definition Roth IRA:
- Examples Individual Retirement Account that allows contributors to invest up to $2,000 per year, and to withdraw the principal and earnings totally tax-free under certain conditions revocable trust meaning.
- Definition Remaining Maturity:
- Examples The length of time remaining until a bond comes due revocable trust abbreviation.
