An incentive trust is an estate planning tool that allows the trust grantor to reward heirs for desired behavior. It also allows the grantor to impose appropriate penalties for undesirable activities.
The Federal Reserve raised short-term interest rates a quarter of a percent to a range of 1.5% to 1.75% in the first meeting under new Federal Open Market Committee (FOMC) Chairman Jerome Powell.
Do you invest in mutual funds? Unless you hold your investment in a tax-deferred account, you'll want to consider taxes when you look at a fund's returns.
A hobby or collection, like an investment portfolio, starts small and grows over time with proper care. Often, collections can become a large part of one's legacy.