Meaning SPOUSAL REMAINDER TRUST: A fixed-term trust from which income is distributed to the beneficiary (such as a child of the grantor) to take advantage of a lower tax bracket, and that at the end of the term passes to the grantor's spouse
More terms such as Spousal remainder trust in Dictionary S.
- Definition Secondary Mortgage Market:
- Examples Buying and selling existing mortgage loans, which are often pooled and traded as mortgage-backed securities spousal remainder trust definition.
- Definition Same-Day Substitution:
- Examples Offsetting changes in a margin account during the day that result in no overall change in the balance of the account spousal remainder trust explain.
- Definition Seasoned Issue:
- Examples Issue of a security for which there is an existing market. Related: Unseasoned issue spousal remainder trust what is.
- Definition Sale And Lease-Back:
- Examples Sale of an existing asset to a financial institution that then leases it back to the user. Related: Lease spousal remainder trust meaning.
- Definition Standard Error:
- Examples In statistics, a measure of the possible error in an estimate. Plus or minus 2 standard errors usually provides a 95% confidence interval spousal remainder trust abbreviation.
