Estate – Page 12 – itho's internet resources

Understanding Discounts for Lack of Marketability (DLOM) in Valuation

By Itho August 1, 2006

[ad_1] What Does Discounts for Lack of Marketability Mean? Discounts for Lack of Marketability (DLOM) refer to the valuation difference between publicly traded stocks and privately held shares with limited…

Bank Owned Life Insurance (BOLI): Tax Benefits and Functionality

By Itho July 3, 2006

[ad_1] What Is Bank-Owned Life Insurance (BOLI)? Bank-owned life insurance (BOLI) serves as a tax-efficient tool for banks, helping them fund employee benefits through tax-free provisions. Banks purchase these policies…

Annualized Income Definition, Formula, Example

Distributable Net Income (DNI): Definition, Formula, & Examples

By Itho May 18, 2006

[ad_1] What Is Distributable Net Income (DNI)? Distributable net income (DNI) is the amount a trust can pay to its beneficiaries. It plays an important role in taxation and is…

What Is a Capital Improvement, and How Does It Work?

By Itho May 17, 2006

[ad_1] What Is a Capital Improvement? A capital improvement is the addition of a permanent structural change or the restoration of some aspect of a property that will either enhance…

Capitalized Interest: Definition and Example

By Itho May 10, 2006

[ad_1] What Is Capitalized Interest? Capitalized interest is the cost of borrowing to acquire or construct a long-term asset. Unlike an interest expense incurred for any other purpose, capitalized interest…

Combined Loan-to-Value (CLTV) Ratio Definition and Formula

By Itho May 3, 2006

[ad_1] What Is the Combined Loan-to-Value (CLTV) Ratio? The combined loan-to-value (CLTV) ratio is the ratio of all secured loans on a property to the value of a property. Lenders use…