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Is a charitable trust revocable or irrevocable?

Charitable trusts are irrevocable. After all, it would be awkward for the law to allow giving to a charity and then taking it back! You can arrange for th...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What are mutually exclusive investment projects?

Mutually exclusive investments are a set of prospective capital investments, where the selection of one investment automatically excludes the other projec...

Can you deduct interest on a motorhome in 2020?

Is Interest on an RV Loan Tax-Deductible? Yes, in most states, the interest on your RV financing is tax-deductible. This is typically available whether yo...

What percentage of 35 year olds own a home?

The homeownership rate among Americans under 35 years was 38.1 percent in the first quarter of 2021. In contrast, 76 percent of those aged 65 and older ow...

Is it a crime to be married to two people?

Bigamy: Bigamy is where it is illegal under the Criminal Code of Canada, to be married to two people at once. It is an offence under the Criminal Code of ...

Do you get taxed for withdrawing from IRA?

Generally, early withdrawal from an Individual Retirement Account (IRA) prior to age 59½ is subject to being included in gross income plus a 10 percent ad...

Can fafsa money be revoked?

College students can have their federal financial aid taken away if they’ve previously accepted more money in financial aid than the government committed ...

What happens when a company releases new shares?

When a company issues new stock, it is usually in a positive light, to raise money for expansion, buying out a competitor, or the introduction of a new pr...

Is an Arizona real estate license valid in other states?

Full license reciprocity states allow anyone with a current real estate license in any other US state to bypass the general real estate courses. You can s...

Can family members buy Publix stock?

Who can purchase stock? Publix is a privately-held company. Purchasing shares of Publix stock is an exclusive benefit of eligible Publix associates and me...