UNLIMITED MARITAL DEDUCTION
Unlimited Marital Deduction is a provision that enables a person to move unlimited amounts of assets to his or her spouse at any given time, even in the event of death of transferor, that is free from tax. The provision is in effect in United Estate and Gift Tax Law. As a tool to preserve the estate, unlimited marital deduction can also be divided among living spouses and still free from estate and gift tax liabilities.
POPULAR TERMS
Owner-Occupant
A property’s resident who also holds the title to that property.
Buy a Spread
Options strategy in which an investor purchases an option purchases an option at a fixed premium and a different strike price. This is profitable i ...
Pledge Fund
A fund whereby members work towards a specific investment goal. They will make contributions into the pool all over a specific period of time.
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Net Tangible Assets
It is calculated as the company’s total assets, less any intangible assets such as patents, trademarks, and goodwill, minus all liabilities a ...
Gross Production Tax
State tax levied on companies generating revenues by depleting non-renewable resources. Firms include producers of oil and gas, as well as miners o ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Industrial production | Aug | |
| 04:00 | Fixed Asset Investment | Aug | |
| 04:00 | Retail Sales | Aug | |
| 04:00 | Unemployment Rate | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 14:30 | Foreign Securities Purchases | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 23:00 | Westpac Consumer Confidence | 3 quarter |
