Will
October 07, 2022
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What Is a Secondary Beneficiary?
A secondary beneficiary is a person or entity that is eligible to inherit assets from a grantor after the rights of th…
October 07, 2022
Financial & Real Estate Terms (N to Z)
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September 30, 2022
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What Is a Principal Residence?
A principal residence is the primary location where a person inhabits. It is also termed to as a primary residence or m…
September 30, 2022
Will
September 29, 2022
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What Is a Testamentary Will, Trust vs. Last Will and Testament
A testamentary will is a conventional will , also referred to as a last will and testament. It is a legal document used…
September 29, 2022
Will
September 29, 2022
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What Is a Trust?
A trust is a fiduciary relationship in which one party, the trustor, grants the trustee the right to hold title to pro…
September 29, 2022
Tax
September 27, 2022
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What Is a Tax Return?
A tax return is a form or forms that are submitted to a tax authority in order to report one's income, expenses, an…
September 27, 2022
Will
September 25, 2022
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What is a Revocable Beneficiary?
A beneficiary designation that can be changed at any time does not confer any automatic rights to compensation from an …
September 25, 2022
Will
September 25, 2022
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What is Probate, How Probate Works With and Without a Will
Probate refers to the legal procedure that determines the validity and authenticity of a will . Additionally, probate r…
September 25, 2022
R
September 24, 2022
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What is a Reverse Mortgage, How Reverse Mortgage is Beneficial?
If you are at least 62 years old and a homeowner, a reverse mortgage allows you to convert a portion of your home equit…
September 24, 2022
Tax
September 19, 2022
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What is Tax Evasion Definition
Tax evasion is a criminal act in which a person or entity intentionally avoids paying a true tax liability. Generally, …
September 19, 2022
Will
September 19, 2022
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What is a Trustee, Responsibilities, Types of Trustees and Who to Choose a Trustee
A trustee is a person or organization that holds and manages assets or property for the benefit of a third party. A tru…
September 19, 2022
Will
September 19, 2022
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What is a Will and Different Types of Wills
A will, which is also known as a person's last will and testament , is a declaration that is legally enforceable …
September 19, 2022
R
September 18, 2022
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What is a Reverse Auction?
In a particular kind of auction known as a "reverse auction" , sellers compete with one another to see what…
September 18, 2022
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September 18, 2022
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What is Personal Property, Tangible Personal Property and Intangible Personal Property
What is Personal Property? Personal property is a category of property that encompasses all assets besides real estat…
September 18, 2022
R
September 17, 2022
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What is Restructuring and Types of Restructuring
The term "restructuring" refers to the action that a company takes in order to make significant changes to th…
September 17, 2022
P
September 13, 2022
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What is Premium in Finance, Types of Premium and Premium FAQs
There are several definitions and meanings of premium in finance. Typically, it refers to: 1. In general, a security…
September 13, 2022
Will
September 13, 2022
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What Is a Quitclaim Deed?
A quitclaim deed is a document that releases a person's interest in a piece of property. This release does not spe…
September 13, 2022
W
September 13, 2022
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What is Warranty of Title, Warranty Deed and Types of Warranty Deeds
What is Warranty of Title? A warranty of title is a seller's assurance to a buyer that the seller has the auth…
September 13, 2022
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September 12, 2022
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What Is a Tax Deed with an Example
The term "tax deed" refers to a legal document that transfers property ownership to the government when the o…
September 12, 2022
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September 12, 2022
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What Is Title Insurance and Types of Title Insurance
Title insurance is a form of indemnity insurance that safeguards lenders and homebuyers against financial loss caused …
September 12, 2022
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September 12, 2022
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What is a Title Search?
A title search is the examination of public records to determine and confirm the legal ownership of a property. Numerou…
September 12, 2022