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Trust |
A Trust allows the owner to transfer assets to one or more recipients (trustees) who hold legal title to the transferred assets and manage the assets for the benefit of the owner or other named beneficiaries. TD AMERITRADE offers accounts for legally established taxable living revocable, irrevocable and testamentary trusts.
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Limited Partnership |
In a Limited Partnership, at least one partner bears unlimited liability and additional partners are liable only to the extent of their investment. TD AMERITRADE offers accounts for legally established limited partnerships.
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Partnership |
A Partnership is an account for two or more account owners who have an established partnership agreement.
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Investment Club |
An Investment Club is a group of individual investors who pool their money and make joint investment decisions.
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Limited Liability Company (LLC) |
With an LLC, the liability of the company and its owners is limited to their investment. TD AMERITRADE offers accounts for legally established LLCs.
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Sole Proprietorship |
A Sole Proprietorship account is for an unincorporated, single-owner business in which the owner and the owner's company are considered a single entity for tax and liability purposes.
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Corporate (Profit or Nonprofit) |
A Corporate account is for incorporated businesses.
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Non-Incorporated Organization |
This type of account is for non-incorporated, non-profit organizations.
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Pension or Profit Plan for Small Business |
Small business owners can establish Pensions and Profit Plans for their employees through this type of account.
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