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Living trust
A Trust created for the Trustor and administered by another Party while the Trustor is still alive. A Living trust can be either revocable or Irrevocable . A Living trust avoids probate and therefore gets assets distributed significantly more quickly than a will does. It also offers a higher level of confidentiality, as probate proceedings are a matter of Public record. Additionally, trusts are usually harder to contest than wills. On the downside, a Living trust takes longer to Put together than a will, and requires more ongoing Maintenance . Although both a will and a Living trust can be modified or revoked at any time before death, such changes are slightly more time-consuming for a living trust. Additionally, assets that a person wants to move to a living trust, such as Real estate and bank or brokerage Account , have to be retitled.
Related Terms: 29
Account , Asset , Broker , Brokerage , Cable , Dow , FICA , High , Irrevocable , Long , Living trust , Maintenance , Offer , OID , Own , Party , Put , Public , Record , Real , Revoke , Real estate , ROC , ROCE , Title , Trust , Trustor , Test , Void
Semi Related Terms: 713 CLICK HERE TO VIEW
10-Q ,
10-K ,
52-week high ,
Account ,
Accounts receivable ,
Accounts receivable aging ,
Accounts receivable turnover ,
Account statement ,
Active asset ,
Allowance for depreciation ,
Alternative assets ,
Asset ,
Asset/equity ratio ,
Available assets ,
Account aggregation ,
Account balance ,
Active account ,
Agent bank ,
Alternate account ,
Asset management account ,
Above par ,
Accrual of discount ,
Amortization of premium ,
Asset-backed security ,
Asset swap ,
At par ,
Account executive ,
All or any part ,
At best ,
At call ,
Accidental death benefit ,
All-risks coverage ,
At risk ,
Asset acquisition ,
Asset class ,
Asset financing ,
Add-on service ,
Abstract of title ,
Action to quiet title ,
As is ,
Assignment to creditors ,
Attorney in fact ,
Asset-based finance ,
Asset-based lending ,
Asset conversion loan ,
Assignment of mortgage ,
A shares ,
Asset allocation fund ,
Assets under management ,
Asset turnover ,
Average price per share ,
At the money ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Affiliated person ,
Average down ,
Ad valorem ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Bank reconciliation ,
Below the line ,
Books of final entry ,
Books of original entry ,
Book value per share ,
Bank credit ,
Bank draft ,
Bank holding company ,
Bank Holiday ,
Banking Act of 1933 ,
Bank Note ,
Bank Trust Department ,
Bank-eligible issues ,
Below par ,
Bid-to-cover ratio ,
Bureau of Public Debt ,
Broker ,
Brokerage ,
Brokerage firm ,
Brokerage house ,
Broker loan ,
Brought over the wall ,
Buying on margin ,
Buy on close ,
Buy on opening ,
Buy the book ,
Basic earnings per share ,
Balance of payments ,
Bank Rate ,
Board of Governors ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Bona fide ,
Breach of trust ,
By the book ,
Bank term loan ,
Broker loan rate ,
Blitzkrieg tender offer ,
B shares ,
Buy and write ,
Bad title ,
Buy-side ,
Before-tax income ,
Blow-off top ,
Breadth-of-market theory ,
Beat the gun ,
Capital asset ,
Cash asset ratio ,
Certified Public Accountant ,
Contra account ,
Cost Of Goods Sold ,
Cost of sales ,
Central assets account ,
Checking account ,
Commercial bank ,
Consumer bank ,
Custodial account ,
Certificate of Participation ,
Collateral trust certificate ,
Committee on Uniform Securities Identification Procedures ,
Corporate trust ,
Cash account ,
Code of procedure ,
Contra broker ,
Contract broker ,
Cable ,
Capitalization of income ,
Capital account ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Current account ,
Cash and carry trade ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Cost-of-living rider ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Clear title ,
Confidentiality agreement ,
Contract for deed ,
Cancellation of debt ,
Certificate of Claim ,
Cost of debt capital ,
Cost of funds ,
Creeping tender offer ,
Collective trust ,
C shares ,
Class of options ,
Close to the money ,
Covered put ,
Certificate of Occupancy ,
Cloud on title ,
Cash or Deferred Arrangement ,
Capital Asset Pricing Model ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Child and dependent care credit ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Cornering the market ,
Curbs in ,
Dealer bank ,
Deposit in transit ,
Drawing account ,
Date of issue ,
Date of payment ,
Deep discount broker ,
Discount broker ,
Discretionary account ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Do Not Reduce ,
Date of record ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Death benefit ,
Dow ,
Dow Jones Averages ,
Dow Jones Industrial Average ,
Direct Public Offering ,
De-escalation clause ,
De facto ,
Discretionary trust ,
Doing business as ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Discharge of bankruptcy ,
Discharge of lien ,
Down payment ,
Due-on-sale clause ,
Deep in the money ,
Deep out of the money ,
Downside protection ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Deferred account ,
Dogs of the Dow ,
Dow dividend theory ,
Down volume ,
Daily high ,
Depth of market ,
Downside risk ,
Earning asset ,
Eurodollar certificate of deposit ,
Escrowed to maturity ,
Either-or order ,
Effective par ,
E-mini ,
Exchange for futures ,
Exchange for physical ,
Exchange of spot ,
European Central Bank ,
Export-Import Bank ,
Ex-all ,
Expiration time ,
Estate tax ,
Employee Retirement Income Security Act of 1974 ,
Financial asset ,
First In First Out ,
Fixed asset ,
Form 10-Q ,
Federal Savings and Loan Association ,
Frozen account ,
Flight to quality ,
Flow of funds ,
Fill or kill ,
Floor broker ,
Front-ending an order ,
Full-service brokerage ,
Forward P/E ,
Fully diluted earnings per share ,
Factors of production ,
Favorable balance of trade ,
Federal Reserve Bank ,
Fee-for-service ,
Form 8-K ,
Form S-1 ,
Friends and family offering ,
Fully distributed issue ,
Full faith and credit ,
Family of funds ,
Fund of funds ,
Free and clear ,
FICA ,
Flexible spending account ,
Fixed investment trust ,
Free right of exchange ,
Federal ID Number ,
General account ,
Good Til Canceled ,
G-7 ,
General Agreement on Tariffs and Trade ,
G-8 ,
Going public ,
Growth and income fund ,
Ginnie Mae trust ,
Good title ,
Gather in the stops ,
Going long ,
Going short ,
Hidden asset ,
High-grade bond ,
High yield ,
Hard dollars ,
Hart-Scott-Rodino Act of 1976 ,
Highly confident letter ,
Hit the bid ,
House account ,
House of issue ,
Hard currency ,
Hard landing ,
Hang Seng Index ,
Health Insurance Portability and Accountability Act ,
Health Maintenance Organization ,
High ,
High-flyer ,
High-tech stock ,
Holder in due course ,
Hang out loan ,
High credit ,
High-ratio mortgage ,
Home equity line of credit ,
Head and shoulders ,
High-low index ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Hunkering down ,
Inactive asset ,
Intangible asset ,
Inactive account ,
Insured account ,
In escrow ,
Independent broker ,
In-house ,
Institutional brokerage ,
Introducing broker ,
Investment Advisor Act of 1940 ,
Investment bank ,
Investment Company Act of 1940 ,
In line ,
Individual policy pension trust ,
Insurance broker ,
Initial Public Offering ,
Insider Trading sanctions Act of 1984 ,
Internal Rate of Return ,
Indication of interest ,
In intestacy ,
Inter vivos trust ,
Irrevocable ,
In play ,
In-process research and development ,
Investment trust ,
I/O strip ,
In-service withdrawal ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
Joint account ,
Jointly and severally ,
Jumping the gun ,
Joint will ,
Joint and several liability ,
Just title ,
Joint and survivor annuity ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Long ,
Long Bond ,
Long position ,
Long-term ,
Lending at a rate ,
Limit-on-close order ,
Long Market Value ,
Law of demand ,
Law of supply ,
Limit down ,
Limit move ,
London International Financial Futures and Options Exchange ,
Long hedge ,
London Inter-Bank Offer Rate ,
Level premium insurance ,
Level term insurance ,
Living benefits ,
Long-term care insurance ,
Lump sum distribution ,
Long-term debt ,
Long-Term Equity Anticipation Securities ,
Letter of comment ,
Legal age ,
Living trust ,
Living will ,
Legal assets ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Long-term mortgage ,
Lump sum ,
Level load ,
Long leg ,
Long straddle ,
Long-term lease ,
Lucrative title ,
Leading the market ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Level II quotes ,
Level III quotes ,
Long squeeze ,
Modified ACRS ,
Modified cash basis ,
Member bank ,
Money center bank ,
Mutual Savings Bank ,
Maintenance bond ,
Modified duration ,
Municipal investment trust ,
Maintenance ,
Maintenance call ,
Maintenance fee ,
Make a market ,
Managed account ,
Margin account ,
Market if touched order ,
Market on close order ,
Mark-to-market ,
Merchant bank ,
Minimum maintenance ,
Medium of exchange ,
Marginal propensity to consume ,
Mezzanine level ,
Modified pass-through ,
Money at call ,
Mortgage broker ,
Married put ,
Mixed account ,
Net current assets ,
Net quick assets ,
Net tangible assets ,
Noncurrent asset ,
Non-financial asset ,
National Bank ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Nostro account ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
No limit order ,
No quote ,
Nominal asset ,
No-Fault ,
Net Asset Value ,
Net estate ,
No-Action Letter ,
Nondiscretionary trust ,
Notary Public ,
Null and void ,
No-lien affidavit ,
Nonperforming asset ,
Notice of Default ,
No-load ,
Naked put ,
National Association of Real Estate Investment Trusts ,
Normal retirement age ,
No-load stock ,
Net change ,
New high ,
No book ,
Off-balance-sheet financing ,
Off the books ,
One time charge ,
Other current assets ,
Other long term liabilities ,
Office of Thrift Supervision ,
Offer ,
OID ,
Out-of-favor ,
Over-the-Counter ,
Off-floor order ,
On-floor order ,
Online broker ,
On margin ,
Option account ,
Or better ,
Outside broker ,
Other income ,
Omnibus account ,
Opinion of title ,
On account ,
On-the-spot loan ,
Out of the money ,
Own ,
Old age, survivors, and disability insurance ,
On-balance volume ,
Off-board ,
On close ,
On open ,
On the opening ,
Pooling of interests ,
Profit and loss statement ,
Pro forma ,
Par bond ,
Payment-in-kind security ,
Price Value of a Basis Point ,
Public bond ,
Public offering ,
Public purpose bond ,
Put bond ,
Put provision ,
Payment for order flow ,
Prime broker ,
Prime brokerage ,
Public limited partnership ,
Public Securities Association ,
P&L ,
Primary earnings per share ,
Provision for income taxes ,
Public goods ,
Public sector ,
Public company ,
Public offering price ,
Party ,
Per stirpes ,
Pour-over will ,
Power of Attorney ,
Prioritization of debt ,
Proxy contest ,
Protective put ,
Protective put buying ,
Put ,
Put option ,
Put swaption ,
Put warrant ,
Perfecting title ,
Perfect title ,
Plan asset ,
Paid-in capital ,
Paid-in surplus ,
Participating trust ,
Percent held by institutions ,
Private Investment in Public Equity ,
Public ,
Public equity ,
Public ownership ,
Preservation of capital ,
Put ratio backspread ,
Point-and-figure chart ,
Painting the tape ,
Public book ,
Put/call ratio ,
Quick assets ,
Quiet title ,
Qualified trust ,
Quick turn ,
Real asset ,
Record ,
Reports and Records ,
Return of capital ,
Return on Capital ,
Return on Invested Capital ,
Return on Total Assets ,
Real interest rate ,
Regional bank ,
Regulation Q ,
Real Estate Mortgage Investment Conduit ,
Reading the tape ,
Real-time trade reporting ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Restricted account ,
Retail brokerage ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Real ,
Reciprocal of European terms ,
Record date ,
Real economic growth rate ,
Red herring ,
Regulation A ,
Reverse Take-Over ,
Revisionary trust ,
Revocable trust ,
Revoke ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Real estate owned ,
Revolving line of credit ,
Right of recourse ,
Rule of 78 ,
Roll down ,
Real estate ,
Real estate agent ,
Real estate broker ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Risk/return trade-off ,
Return on Capital Employed ,
ROC ,
ROCE ,
Rate of return ,
Real rate of return ,
Real-time ,
Selling, General and Administrative Expenses ,
SG&A ,
Stranded asset ,
Savings account ,
Savings and Loan ,
Savings bank ,
Sight letter of credit ,
S&L ,
State bank ,
Securities and Exchange Commission ,
Series EE bond ,
Segregation of securities ,
Sell-side analyst ,
Sell the book ,
Significant order ,
Street broker ,
Sweep account ,
Standard of living ,
Supply-side economics ,
Second-to-die insurance ,
Separate account ,
Severally but not jointly ,
Statute of Limitations ,
Sale and leaseback ,
Satisfaction of debt ,
Staggered board of directors ,
Selling the spread ,
Synthetic put ,
Step-down lease ,
Savings Incentive Match Plan for Employees ,
Self-directed retirement account ,
Selling short against the box ,
Shorting against the box ,
S Corporation ,
Short-term gain or loss ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
S&P phenomenon ,
Stop and reverse ,
Tangible asset ,
Total assets ,
Time deposit ,
Time draft ,
T-Bill ,
Term to maturity ,
Trust-preferred security ,
Take a position ,
Time order ,
Trailing P/E ,
Trickle-down theory ,
Take delivery ,
Title insurance ,
Tender offer ,
Total asset turnover ,
Tenancy by the entirety ,
Testamentary trust ,
Third party ,
Title ,
Trust ,
Trust company ,
Trust fund ,
Trustor ,
TED spread ,
Time note ,
Truth in Lending ,
Term trust ,
Time spread ,
Tenancy at will ,
Time-sharing ,
Title binder ,
Title company ,
Title defect ,
Title search ,
Top hat plan ,
Ten-bagger ,
The Street ,
Time stop ,
Timing the market ,
Top-down ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Test ,
Take a bath ,
Take profits ,
Tick test ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Undermargined account ,
Uncovered put ,
Unit Investment Trust ,
Unit Trust ,
Unit of trade ,
Unit of trading ,
Void ,
Voting trust ,
Write down ,
Written-down value ,
Wrap account ,
World Bank ,
Waiver of premium ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
X or XD ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares