Learn about the beneficiary of trust, an essential term in general insurance. Understand who a beneficiary is and the benefits they receive from a trust.
Learn about the Power of Appointment in estates, including how the donee can choose the end beneficiary of a property as granted by the donor.
Learn about inter vivos trust, a legal arrangement made effective during the grantor’s lifetime. Explore its benefits, types, and application in estate planning.
Explore the Voluntary Employee Beneficiary Association (VEBA) and how it is used to pre-fund health care for employees. Learn about the benefits and structure of VEBAs in health insurance.
Learn about the general power of appointment in estate planning, which allows the recipient of a property interest to pass it on to another person of their choosing.
Learn about revocable trusts, a type of trust that allows the grantor to retain control and the ability to revoke or modify the trust. Discover the essentials of estate planning and legal terminologies.
Learn about life insurance trusts, where a trust company is named as the beneficiary of a life insurance policy. Understand the benefits issued under such agreements.
Discover what a Rabbi Trust is in the context of pensions, its tax implications for employees, and why it is named after the first trust set up for a rabbi.
Learn about the Rule Against Perpetuities, a vital legal concept ensuring that trust beneficiaries get vested in property within 21 years to maintain validity.
Discover everything you need to know about a living trust, also known as an inter vivos trust. Understand how it is created by a living person and its key benefits in estate planning.
