Dynasty Trust

Definition of "Dynasty trust"

Trust in which assets are controlled through several generations and makes use of generation-skipping tax exemption.

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Accident And Health Insurance

Coverage for accidental injury, accidental death, or sickness; also called Accident and Sickness Ins ...

Monopolistic State Fund

State operated insurance company used in workers compensation insurance in some states where the ris ...

Opinion Of Title

A certification of a property title issued by an attorney after examining the abstract of title. The ...

Adjacent Property

Property that is close to, although not actually touching, another piece of property. ...

Specific Excess Contract

Policy in which an insurer agrees to pay property or liability losses in excess of a specific amount ...

Patent Insurance

Coverage for a loss incurred by the insured resulting from an infringement of the insured's patent o ...

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