Beneficiary – Page 3 – itho's internet resources

Death Benefit Taxation and Claims: A Guide for Beneficiaries

By Itho August 10, 2004

[ad_1] A death benefit offers financial support to beneficiaries of life insurance policies, annuities, or pensions when the insured passes away. Typically issued as a lump sum or installment payment,…

Distribution: Definitions, Types, and Real-Life Examples

By Itho November 26, 2003

[ad_1] What Is Distribution? The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual…

What is a Blind Trust? Definition, Mechanics, and Real-World Examples

By Itho November 24, 2003

[ad_1] What Is a Blind Trust? A blind trust is a trust whose assets are unknown to its beneficiaries and whose owner, or trustor, grants control of the trust to an…

What Is a Beneficiary? Role, Types, and Examples

By Itho November 21, 2003

[ad_1] What Is a Beneficiary? A beneficiary is an individual designated to receive the belongings or assets of another person after that person's death. Beneficiaries often receive these benefits as…

What Is a Custodial Account?

By Itho November 20, 2003

[ad_1] What Is a Custodial Account? The term "custodial account" generally refers to a child's or teen's savings account at a financial institution, mutual fund company, or brokerage firm managed…

What It Means in Banking and Finance

By Itho November 20, 2003

[ad_1] What Is a Custodian? A custodian is a bank or other financial institution that holds and safeguards customers' securities to prevent theft, loss, or damage. Custodian banks may store…