0
What else can I help you with?
How can I set up a closed end fund?
To set up a closed-end-fund, it is best to contact an investment broker and they can explain to you the types of accounts available and determines what’s best for you. There are 2 main types of accounts: cash accounts and margin accounts. Look in the phone book for a broker or such service is usually offers at your local bank.
What is the definition of gross premium reserve?
Money set aside to fund future benefit payouts
How does a fund accounting structure control government's expenses?
each type of financial activity is segregated into a separate set of self-balancing asset, liability, and net asset accounts
What is provision fund?
A provision fund is a financial reserve set aside by an organization to cover anticipated future liabilities or expenses. It is commonly used in accounting to ensure that sufficient funds are available to meet obligations such as bad debts, warranties, or legal claims. By creating a provision fund, companies can better manage risks and ensure financial stability. This practice also helps in accurately reflecting the financial position of the organization in its financial statements.
How can I set up a 529 plan for my nephew's education fund?
To set up a 529 plan for your nephew's education fund, you can research different 529 plans offered by various financial institutions, choose a plan that suits your needs, open an account, and contribute funds regularly to help save for his future education expenses.
How can you set up a child trust fund uk?
Every child born on or after 1 September 2002 was eligible for the CTF, as long as they live in the United Kingdom and a child benefit has been awarded to them by the government. Currently no new accounts can be created but existing accounts can receive new funds.
What is the future and past tense of the word set?
Future tense - will set. Past tense - set.
Which government fund was set up in the wake of the Chinese aggression in 1962?
the national defence fund
What is it called if you set aside a sum of money for a specific purpose?
When you set aside a sum of money for a specific purpose, it is often referred to as a "sinking fund." This financial strategy involves allocating funds over time to ensure that you have enough money available for a future expense or goal, such as saving for a large purchase or paying off debt. It helps in budgeting and managing finances effectively.
How can I set up an education trust fund?
To set up an education trust fund, you will need to establish a trust agreement, appoint a trustee to manage the fund, determine the beneficiaries and the purpose of the fund, and fund the trust with assets such as cash, investments, or property. It is important to consult with a financial advisor or attorney to ensure the trust is set up properly and meets your specific goals for education funding.
How do you find if a trust fund still exists that your grandfather set up for you when you were born but you were never contacted when he died?
If your grandfather's estate was probated you could go to the court and examine the probate file. You should examine the inventory for bank accounts and also examine the will for any mention of accounts or trusts that were set up for grandchildren. However, a trust may not show up at all in the estate. Check with the attorney who handled the estate. You could also ask your parents if they remember any more details about the trust fund. If they know the name of the law firm that represented him in life, or his bank, perhaps someone there could help you. His attorney may have a copy of a trust instrument. If there was a trust fund set up then there was also a trustee.
What kind of services does The Children's Mutual offer?
The Children's Mutual is an organization that helps families save for their children's future expenses or ensure their child's financial security in the future. They help set up trust funds and bank accounts.
