Examlex
Briefly discuss some of the reasons for using a revocable trust.
Insurance Policy
A contract between an insurance policyholder and an insurer, outlining the claims which the insurer is legally required to pay in exchange for an initial payment, known as a premium.
Long-Term Investment
An investment strategy or vehicle designed to hold or grow funds over an extended period, usually several years or longer.
Significant Influence
The capacity to affect the financial and operating policies of another entity through ownership or other means.
Operating Policies
Rules and guidelines that govern the activities and decisions of an organization.
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