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What is a fiduciary deposit?

Fiduciary Deposit Service. The Fiduciary Deposit Service (the “Service”) allows you to instruct us to place a fixed-term deposit with a variety of third-p...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is a special situation in finance?

A special situation is an unusual event that compels investors to buy a stock or other asset in the belief that its price will rise. It is an attempt to p...

How do I renew my expired IRDA license?

As per IRDA regulations you need to renew your surveyor license every five years. The system sends you a reminder email 3 months before the license expira...

Does EIN or LLC come first?

You need to form your LLC before getting an EIN. This is because the IRS will ask for your business formation date and legal business name on the EIN appl...

When was an LLC established?

1977 Because the LLC is a fairly new option in the United States (it first became available in Wyoming in 1977, but most other states did not follow suit ...

Will mortgage forbearance be extended into 2021?

The CARES Act’s homeowner protections were set to expire at the end of June 2021. But the US Federal Housing Administration has announced revisions to mea...

What is an assay example?

An example of an assay is a scientific look into the compilation of a substance that is believed to have gold in it. Assay means something that is being e...

Can you transfer College 529 to another child?

Transfer or roll over the funds 529 education savings plan accounts can be transferred from one beneficiary to another eligible member of the family or ro...

Can you transfer stocks to an LLC?

Laws that govern LLCs vary greatly from state to state as well. Once the LLC is set up, you can open a brokerage account in the name of the LLC and transf...

What does having a tight budget mean?

Definition of on a small/tight/shoestring budget : involving a relatively small amount of money for planned spending She started her business on a small/t...