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Financial Terms & Definitions
If talking about finances feels like trying to learn a foreign language, we're here to help. As your trusted financial planners and investment managers, we want you to understand the terms, acronyms, and jargon that may arise during your financial journey.
From Amortization to Zero-Coupon, we've got you covered.
Here's our glossary of financial terms in alphabetical order to get you started.

Bypass Trust

A strategy used by affluent married individuals to legally maximize their estate tax exemptions. The strategy involves creating two separate trusts after one spouse passes. Usually, the deceased spouse’s portion of the couple’s property, at least up to the applicable exclusion amount, is put into trust B (the bypass trust). This trust is irrevocable and will pass to the beneficiaries other than the surviving spouse.

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