7 More Family Office Resources:

• Mortgage Backed Security Family Office Definition: Mortgage Backed Security Mortgage Backed Security definition:  Mortgage-backed securities are bonds with cash flow tied to a pool of mortgage loans.  Mortgage-backed securities fall under a class known as asset-backed securities, ...
• Gift of Equity Family Office Definition: Gift of Equity Gift of Equity definition:  A gift of equity occurs when property is sold to a family member for less than market value.  The difference between market value 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 ...
• Intra-Family Loan Family Office Definition: Intra-Family Loan Intra-Family Loan definition:  Intra-family loans are loans made to family members at low or no interest rates.  IRS code 7872 discusses taxation of intra-family loans.  Intra-family loans are a ...
• Taxable Estate Family Office Definition: Taxable Estate Taxable Estate definition:  The taxable estate is the gross estate less attorney and administrative settlement fees (funeral and other deductible expenses).  Martial deductions and charitable deductions reduce the value ...
• Applicable Federal Rates Family Office Definition: Applicable Federal Rates Applicable Federal Rates definition:  Applicable Federal Rates (AFR) are defined monthly by the IRS and based on the rates of Treasury securities, rather than retail lending rates.  With ...
• Installment Sale Family Office Definition: Installment Sale Installment Sale definition:  An installment sale occurs when the grantor loans an appreciating asset to a grantor trust. No gift taxes apply if the loan terms are at market ...