7 More Family Office Resources:

• Qualified Annuity Family Office Definition: Qualified Annuity Qualified Annuity definition:  A qualified annuity is 'qualified' by the IRS to grow tax-free until distributions are made. Contributions are made with pre-tax dollars, and distributions are taxed as ...
• Qualified Domestic Trust Family Office Definition: Qualified Domestic Trust Qualified Domestic Trust definition:  A qualified domestic trust (QDOT) allows a spouse that is not a U.S. citizen to benefit from the marital deduction afforded to most U.S. ...
• Qualified Terminable Interest Property Trust Family Office Definition: Qualified Terminable Interest Property Trust Qualified Terminable Interest Property Trust definition:  A qualified terminable interest property trust (QTIP) a type of marital trust that provides lifetime income to a surviving spouse. ...
• 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 ...
• Non-Accredited Investor Family Office Definition: Non-Accredited Investor Non-Accredited Investor definition:  A non-accredited investor does not meet the net worth or annual income qualifications of an accredited investor.  Investments intended primarily for non-accredited investors are more highly ...
• Accredited Investor Family Office Definition: Accredited Investor Accredited Investor definition:  An accredited investor meets certain qualifications of net worth or annual income amounts.  Complex investment opportunities (such as hedge funds or private placements) can often accept ...
• Sophisticated Investor Family Office Definition: Sophisticated Investor Sophisticated Investor definition:  A sophisticated investor, similar to an accredited investor, meets certain qualifications of higher net worth or annual income amounts.  Sophisticated investors are also assumed to have ...