EXORDIUM CLAUSE
Opening clause of a will outlining a few basic presumptions upon which the rest of the document is grounded. Contents of this clause are likely to encompass:
- Identity of the individual leaving the will
- Residence of the individual
- Revoking all previous wills made by the individual before the date the current will was written
- Declaration the current will belongs to the named person as grantor
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
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Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
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Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
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The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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