The NYSE AMEX Equities Stock Market is open from Monday through Friday 9:30 a.m. to 4:00 p.m. ET. RightLine readers are reminded of all upcoming stock market holidays. They also know how to make money with this stock market holiday calendar. Find out what subscribers say about the RightLine Report ...
A viatical settlement is a contractual agreement to provide a life insurance policyholder immediate cash in exchange for the sale and transfer of life insurance policy ownership rights.
Life estates can transfer property to heirs without going through probate. A life estate is a type of property ownership, typically established by a deed, which is often used to avoid probate and immediately transfer property to an heir, or remainderman, at the time of death. The remainder is the future interest conveyed to the remainderman in the deed. During probate a will must be proved in a court process to be valid or invalid, and property may remain in limbo for an extended period of time. With a life estate, the remaindermanâs legal right to property ownership begins when the life estate is established.