7 More Family Office Resources:

• Estate Transfer Family Office Definition: Estate Transfer Estate Transfer definition:  Estate transfer is the legal process by which an individual transfers property to heirs (either while living as a gift or sale or once deceased through ...
• Estate Tax Family Office Definition: Estate Tax Estate Tax definition:  A tax placed on the value of a deceased person's taxable estate before distributions are made.  Assets transferred to spouses or charities are generally exempt from ...
• Estate Split Family Office Definition: Estate Split Estate Split definition:  An estate split ignores the marital deduction available to surviving spouses to inherit all assets free of estate taxes. Instead of joint ownership between spouses, tentants ...
• Estate Trust Family Office Definition: Estate Trust Estate Trust definition:  An estate trust is a type of marital trust that provides discretionary income to a surviving spouse.  Principal and income are transferred to the estate of ...
• Estate Plan Family Office Definition: Estate Plan Estate Plan definition:  An estate plan outlines the orderly distribution of your personal assets following your death. The plan may include caring for children, preserving wealth, minimizing taxes and ...
• What are Estate Taxes? Question: What are Estate Taxes? Answer: Taxes, especially those taxes that can be a burden on other generations are an issue that family offices will often take care of for their family clients and try to ...
• Gross Estate Family Office Definition: Gross Estate Gross Estate definition:  The gross estate is the net worth (assets less liabilities) of the estate before taxes. The gross estate includes all real and personal property owned by ...