A retirement plan that meets certain federal tax requirements and is initiated by a business organization. Money paid by employees of an organization toward such a plan is not taxable as income to the employee until withdrawn.

The spouse receives the lifetime income from the property without the ability to designate its ultimate distribution.

A trust for people married to citizens of other countries that holds property so that it qualifies for the marital deduction.

This liquidity test measures the proportion of net liabilities covered by cash and quickly convertible investments. It indicates a company's ability to reduce its premium volume or to reinsure a portion of its outstanding liabilities without needing to sell long-term investments or to borrow money.