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 QTIP trust serves like a âcrystal ballâ for the uncertainty of the future for married couples. A QTIP trust is a marital trust designed to provide for your spouse after your death while protecting your assets for future generations. The QTIP trust also offers flexibility to your Executor in maximizing your federal estate tax savings.