A secondary beneficiary is a person or entity that is eligible to inherit assets from…

A principal residence is the primary location where a person inhabits. It is also ter…

A testamentary will is a conventional will , also referred to as a last will and test…

A trust is a fiduciary relationship in which one party, the trustor, grants the trus…

A tax return is a form or forms that are submitted to a tax authority in order to rep…

A beneficiary designation that can be changed at any time does not confer any automat…

Probate refers to the legal procedure that determines the validity and authenticity o…

If you are at least 62 years old and a homeowner, a reverse mortgage allows you to co…

Tax evasion is a criminal act in which a person or entity intentionally avoids paying…

A trustee is a person or organization that holds and manages assets or property for t…

A will, which is also known as a person's last will and testament , is a declar…

In a particular kind of auction known as a "reverse auction" , sellers co…

What is Personal Property? Personal property is a category of property that encompa…

The term "restructuring" refers to the action that a company takes in order…

There are several definitions  and meanings of premium in finance. Typically, it refe…

A quitclaim deed is a document that releases a person's interest in a piece of p…

What is Warranty of Title? A warranty of title is a seller's assurance to a b…

The term "tax deed" refers to a legal document that transfers property owne…

Title insurance is a form of indemnity insurance that safeguards lenders and homebuy…

A title search is the examination of public records to determine and confirm the lega…