Glossary Terms

D

d.b.n. De Bonis Non. DA District Attorney. DAF Donor Advised Funds. DAPT Domestic Asset Protection Trusts. DB Designated Beneficiary, especially relative to section 529 accounts.  Death Benefit.  Defined Benefit plan. DBA Doing Business As; i.e., fictitious business name. D.B.N. Administrator…

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C

c.t.a. cum testament annexo. CA Cal.App. CAA Certified Application Assistants.  Court Appointed Attorney. CAARP California Automobile Assigned Risk Program. CACI California Civil Jury Instructions. CAF Centralized Authorization File. Cafeteria Plan Employee benefit arrangements in which employees can select from a…

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B

B Trust Deceased’s portion of an A-B Trust.  It is also called a By-Pass Trust or Credit Shelter Trust. BAF Broad Art Foundation. BAR Bureau of Automotive Repair. Bargain Sale A sale in which the property owner sells the property…

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A

A & H Accident & Health. A & S Accident & Sickness. A & T Acquisition and Divestiture. A TRUST Surviving spouse’s portion of an A-B trust.  Also known as the marital trust. A-B Trust A trust arrangement used for…

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#

1014 IRC section.  Basis of  property acquired from a decedent. 1040 IRS Form for individual income tax returns. 1041 IRS Form for trust income tax returns. 1065 IRA form used by partnerships to report earnings. 121 IRC section.  Exclusion of…

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