7 More Family Office Resources:

• Testator Family Office Definition: Testator Testator definition:  The testator is the person that died and left a will. Download our free Family Office Report to learn more about the family office industry. Read more Family Office Definitions Tags: What ...
• Holographic Will Family Office Definition: Holographic Will Holographic Will definition:  A holographic will is not witnessed and is signed only by the person drafting the will. This type of will may not be legally valid. Download our ...
• Discounts for Lack of Marketability Family Office Definition: Discounts for Lack of Marketability Discounts for Lack of Marketability definition:  The discounts for lack of marketability (DLOM) applies to the valuation of closely-held stock.  The discount may range from around ...
• Custodian Family Office Definition: Custodian Custodian definition:  The custodian is the financial institution responsible for safekeeping and recordkeeping of investments. One way to protect against fraud is to inquire whether a third-party custodian is used ...
• Nuncupative Will Family Office Definition: Nuncupative Will Nuncupative Will definition:  A nuncupative will is a verbal will and is the least recognized by the state. It is only acceptable in cases of illness or sudden death ...
• Exordium Clause Family Office Definition: Exordium Clause Exordium Clause definition:  An exordium clause is the introductory statement in a will which names the individual testator, the purpose of the document as a will, and revokes all ...
• Administrator Family Office Definition: Administrator Administrator definition:  When an executor is not named or fails to meet state requirements, probate court will assign an administrator who acts in the same capacity as an executor. Download our ...