Equity is the ownership interest in a property that may be offset by debts or other liabilities.
Financial terms can be confusing, and it can be difficult to know how they apply to you and your specific situation. Please reach out any time we can help you learn more and strategically plan to optimize your retirement planning.
Depreciation is the decrease in an asset’s value which indicates how much of an asset’s value has been used over a period of time. Financial
A beneficiary is a person or entity designated to receive benefits from a retirement account or insurance policy upon the account holder’s death. Financial terms
Capital gain is an increase in the value of an asset or investment above the price you initially paid for it. Financial terms can be
