7 More Family Office Resources:

• Endowment Fund Family Office Definition: Endowment Fund Endowment Fund definition:  An endowment fund is intended to be a perpetual gift with the investment earnings funding charitable spending needs, while the principal (or corpus) remains untouched and ...
• Grantor Retained Interest Trust Family Office Definition: Grantor Retained Interest Trust Grantor Retained Interest Trust definition:  Grantor retained interest trust (GRIT) is an trust where the grantor makes an irrevocable transfer of property to a trust with retained ...
• Remainder Interest Family Office Definition: Remainder Interest Remainder Interest definition:  With a QPRT, ownership interest in the property goes to the beneficiaries when the trust expires. The beneficiaries have remainder interest in the property. With a ...
• Retained Interest Family Office Definition: Retained Interest Retained Interest definition:  With a QPRT, the grantor retains the right to occupy the residence before the trust expires. The grantor has retained interest in the property. With a ...
• Interest Rate Risk Family Office Definition: Interest Rate Risk Interest Rate Risk definition:  Interest rate risk refers to the volatility in interest rates over a length of time. For example, an investor can purchase a ten-year bond ...
• Tax-Efficient Asset Allocation Family Office Definition: Tax-Efficient Asset Allocation Tax-Efficient Asset Allocation definition:  Tax-efficient asset allocation refers to the practice by wealth managers to place more tax-efficient investments (such as long-term stock holdings) in taxable accounts and ...
• Credit Risk Family Office Definition: Credit Risk Credit Risk definition:  Credit risk, also known as default risk, refers to the ability of another party to uphold their obligation. Credit risk applies particularly to investments in corporate ...