ALIMONY TRUST
An alimony trust is a kind of legal arrangement that transfers a property, as a source of support, to a former spouse after a separation or divorce. The spouse that will make the payment will transfer other assets and investments that will generate income into an alimony trust for the beneficiary or recipient spouse. An alimony deduction in the income from an alimony trust cannot be claimed by the payor spouse. On the other hand, recipient spouse will have to pay taxes on the income but not on the principal.
POPULAR TERMS
Collusion
Non-competitive secret agreement taking place between two or more entities. They seek to disrupt the market’s equilibrium by changing the pri ...
Trade Credit
Agreement in which a client can defer the payment for products and/or services acquired from a supplier. Upon the delivery of the goods, the trade ...
Secondary Stock
Secondary Stocks are those stocks which are perceived as those that carry higher risks compared to blue chips due to the small market capitalizatio ...
Maturity Date
Date on which the principal amount of a acceptance bond, draft, note, or other debt instrument is due for settlement and to be repaid to the invest ...
Group of 30 - G30
Consultative group comprised of academics and financiers that aims to facilitate understanding of financial and economic matters in private and pub ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
< ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
