The beneficiary is the reason for your trust (contract). Your beneficiary is the person who will enjoy the benefits of your trust assets. They include, wives, children, grandchildren, charitable organizations of every color and variety. The length of your beneficiary is unlimited. The beneficiary could include the original grantor, but …
Read More »Yearly Archives: 2007
Certificates of Deposit – What is it?
Commonly referred to as a CD, a Certificate of Deposit can be used as a short or long term investment. Domestic banks offer FDIC (Federal Deposit Insurance Corporation) insured Certificates of Deposit with higher rates of return than other investment options. The bank retains money for a specified period of …
Read More »Living Trust Confusion
Confused about living trusts? If so, you are not alone. A living trust is a legal entity normally created to hold assets in your lifetime and distribute them after your death. [A living trust has nothing to do with a living will. A living will is a document that states …
Read More »
home loan finance blog