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money and financial problems

Law about consumer financial problems

marital settlement agreement

Marital settlement agreements, also known as divorce settlement agreementsmarital termination agreements, separation agreements, or stipulations of settlements, are written contracts between divorcing spouses of their responsibilities and rights after divorce. Once formed, both parties are legally bound to them.

Massachusetts trust

Massachusetts trusts (also known as common-law trusts, business trusts, or unincorporated business organizations) are a unique type of trust used by individuals to run a business outside the normal legal entities such as a corporation or partnership. Massachusetts trusts can be made in many states and in other countries, not just in Massachusetts.

Modern Portfolio Theory

The Modern Portfolio Theory is the theory currently guiding the prudent investor rule for trust administration by the trustee. Under the Modern Portfolio Theory, prudence is evaluated not by investment strategy on individual investments but by the portfolio as a whole.

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modified per stirpes

Modified per stirpes (also referred to as modern per stirpes) is a system of determining the descendants that will take from individuals who have died intestate or have elected to use the distribution method in a will.

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