A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries. The trustee who oversees the trust can use their discretion in determining when and how trust ...

A smart beta exchange traded fund, the First Trust Consumer Discretionary AlphaDEX ETF (FXD) debuted on 05/08/2007, and offers broad exposure to the Consumer Discretionary ETFs category of the market.

Oftentimes, individuals who are the beneficiaries to trusts do not obtain a prenuptial agreement (a "prenup") out of a belief that their trust should protect their assets in the event of a divorce. In ...

Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the First Trust Consumer Discretionary AlphaDEX ETF (FXD) is a passively managed exchange traded ...

There are many reasons people place money in trust for their heirs. Trusts provide professional management of assets for beneficiaries who either do not want to spend their time on such matters or ...

The ongoing rift at Tata Trusts that prompted the government to intervene earlier this month highlights just how powerful—and complex—these legal structures can be. But it’s not just the Tatas that ...

Families are rushing to take advantage of a little-known rule to protect their children from having to pay inheritance tax (IHT), according to experts. Financial advisers are seeing a huge rise in ...