7 More Family Office Resources:

• Loss Carry-Forward Family Office Definition: Loss Carry-Forward Loss Carry-Forward definition:  Investment losses can be used to offset capital gains or a minimal amount is deductible from taxable income. Any losses that cannot be used in a ...
• Stop-Loss Order Family Office Definition: Stop-Loss Order Stop-Loss Order definition:  The purpose of a stop-loss order is to limit downside price risk exposure.  When a stock price reaches the stop price, the stock is sold. Stop ...
• Wash-Sale Rule Family Office Definition: Wash-Sale Rule Wash-Sale Rule definition:  When the same (or identically similar) security is sold and purchased within 30 days, the wash-sale rule applies.  Any wash-sale losses are not deductible and are ...
• Separate Account Family Office Definition: Separate Account Separate Account definition:  A separate account is managed privately for an individual, as opposed to mutual funds which are managed collectively.  Separate accounts typically have higher investment minimums to ...
• 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 ...
• Tax-Exempt Investments Family Office Definition: Tax-Exempt Investments Tax-Exempt Investments definition:  Tax-exempt investments include municipal bonds. Tax-exempt status is also granted to some charities and religious groups.  High-income individuals may earn a greater after-tax return on lower ...
• Tax-Deferred Account Family Office Definition: Tax-Deferred Account Tax-Deferred Account definition:  Tax-deferred accounts include IRAs, deferred annuities, and 401(k) plans. Tax-deferred accounts benefit from tax-free growth until withdrawals are made. The ideal use of tax-deferred accounts is ...