A primary difference between a will and a trust is that a will goes into effect once you die, but a trust goes into effect when you create it.
Beyond that, a will is a more basic estate planning document/tool that determines how your assets should be divided upon your death. On the other hand, a trust goes further in controlling how the assets are distributed. It may stipulate when, how, and to whom the assets will be distributed, and those distributions may not happen immediately but rather over a long stretch of time.
A trust also requires a trustee to administer it, and that person is charged with managing the assets and overseeing how and when the distributions take place. Trusts also provide the owner with protection from creditors in many cases, and often prevent legal disputes given the specific terms of the trust.
Employer contributions to SIMPLEs are immediately vested to the employee
The Herrick Payoff Index is one of the only indicators to combine price, volume, and open interest data for analysis
The Discount Rate is the minimum interest rate the Federal Reserve will charge for lending to commercial banks
The Federal Reserve Bank is a 12-bank system in the United States that plays the role of the country’s central bank
The FCPA is a law designed to prevent US-based companies from engaging in corrupt practices abroad
Tangible Net Worth is another word for Book Value or Net Asset Value. Only the tangible assets and cash are included
A convertible preferred stock is one that gives the owner the option to convert shares to common stock
The Dividend Discount Model (DDM) is a method for valuing a stock, that looks at expected future dividend payouts
Taking a short position is selling a security that you don’t own, because you anticipate that its value is set to fall
A liquidity ratio generally measures the amount of cash or readily available cash relative to current liabilities