Kitchen updates such as tile flooring, refacing old cabinets and updating appliances to energy-efficient models will see a substantial return--approximately 84.5 percent in the San Francisco area, for instance, according to Remodeling magazine's Cost vs. Value Report for 2009â2010.
What is a 'Collective Investment Fund'. A collective investment fund (CIF), also known as a collective investment trust, is operated by a bank or trust company and handles a group of pooled trust accounts. Collective investment funds groups assets from individuals and organizations to develop a larger, diversified portfolio.
A revocable trust is one that you can change or undo after you create it. When you form a revocable trust and transfer your assets into it, you would then typically act as trustee so you can continue to manage the assets. Forming an irrevocable trust means appointing someone else as trustee, as well as giving up control and the right to change your mind and dissolve the trust later.