What types of assets can go into a trust ... commercial properties and homes that are owned out of state or held in different counties. Any property with a mortgage, however, would require ...
Asset classes help consumers group different types of investments based on their similarities. For instance, investments in fixed income generate consistent cash flow for a set period of time.
You may “inherit” money by being designated a beneficiary in their will, trust, 401(k), brokerage account and other types of assets ... among descendants using different methods.