7 More Family Office Resources:

• 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 ...
• Section 1035 Exchange Family Office Definition: Section 1035 Exchange Section 1035 Exchange definition:  IRS code section 1035 allows for the exchange of an existing life insurance or annuity contract for another without owing taxes.  If a life ...
• Section 1031 Exchange Family Office Definition: Section 1031 Exchange Section 1031 Exchange definition:  IRS code section 1031 allows for the exchange of like-kind properties and deferral of capital gains tax. For example, a highly appreciated rental property ...
• 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 ...
• Charitable Gift Annuity Family Office Definition: Charitable Gift Annuity Charitable Gift Annuity definition:  An owner transfers assets directly to a charitable organization for an immediate income tax deduction and lifetime annuity payments to the donor or beneficiary.  ...
• Reverse Mortgage Family Office Definition: Reverse Mortgage Reverse Mortgage definition:  A reverse mortgage is loan with a guaranteed income arrangement for homeowners.  The homeowner receives a guaranteed payment for life (or until the home is sold). ...
• Derivative Family Office Definition: Derivative Derivative definition:  A derivative is a contract whose price is derived from the price of another asset (such as currencies, commodities, market indexes, or interest rates).  Derivatives are usually leveraged ...