A testamentary trust does not protect an individual's assets from the probate process, and as such, the distribution of cash, investments,real estate, or other property may not conform to the trust owner's specific desires. This type of trust is designed to accomplish specific pl...
The difference between income and accumulation funds Theincome classof a fund pays dividends out as ever-popular cash. This goesdirectly to your brokerage account shortly after the fund’s payment date. From there, you can spend them, reinvest them, or just watch the cash pile up. Theaccumul...