7 More Family Office Resources:

• Skip Person Family Office Definition: Skip Person Skip Person definition:  The younger recepient triggering a generation-skipping transfer tax is referred to as the "skip person." For example, a grandchild receiving assets from a grandparent. Any non-spouse ...
• Gift Causa Mortis Family Office Definition: Gift Causa Mortis Gift Causa Mortis definition:  A gift causa mortis transfers ownership at a later date as a conditional gift of the donor's anticipated death, while an inter vivos gift ...
• Personal Property Family Office Definition: Personal Property Personal Property definition:  Personal property includes financial accounts, patents, jewelry, art and collectibles, and household items. Download our free Family Office Report to learn more about the family office industry. Read more ...
• Personal Exemption Family Office Definition: Personal Exemption Personal Exemption definition:  see unified credit definition for more information. Download our free Family Office Report to learn more about the family office industry. Read more Family Office Definitions Tags: What is personal ...
• Charitable Giving With Life Insurance Riders Family Office Definition: Charitable Giving With Life Insurance Riders Charitable Giving With Life Insurance Riders definition:  For life insurance policies above a certain size, charitable giving riders are available to add on at no ...
• Qualified Personal Residence Trust Family Office Definition: Qualified Personal Residence Trust Qualified Personal Residence Trust definition:  (QPRT) transfers your residence to beneficiaries at your death or after a specified number of years.  The residence is held by an ...
• Charitable Giving With Life Insurance Policy Dividends Family Office Definition: Charitable Giving With Life Insurance Policy Dividends Charitable Giving With Life Insurance Policy Dividends definition:  Life insurance policy dividends (from a cash value policy) can be donated to charity as cash ...