Wednesday, 25 January 2017

Advantages and Disadvantages of Best Money Market Accounts

Accounts offered by banks and other financial institutions to the individuals to save their hard-earned money as savings are termed as Money market accounts. The savings are usually kept with these financial institutions for a certain period like for one year or two to secure their money. But, these best money market accounts that keep the earnings of the individuals safe also have several advantages and disadvantages. Just have a look to some of them:
1. Security:
All these accounts are normally insured to a certain extent with Federal Deposit Insurance Corporation. If in any case, there is any problem with the financial institution, the depositor is usually free from any type of money loss. So, the deposit in this type of account is totally safe as compared to stocks and mutual funds.

2. Minimum transaction:
Maintenance of minimum balance is the next big disadvantage of money market account as the deposit has to maintain the minimum balance in the account which is very high as compared to the minimum account balance of savings account.

3. Maintenance fees:
The depositor has to pay the maintenance fees if in case you have not maintained the required balance in the account. If there is any type of failure in the minimum required balance, then you have to pay the required fee. It is important to mention here that depositor doesn’t have to pay any type of fee to these financial institutions for managing their accounts.

4. Liquidity:
These market accounts are easily accessible by the account holder which is definitely an advantage. They can also be termed as the account that is highly liquid, it means you can easily withdraw the money whenever you need. But this scenario is not feasible with a certificate of deposits that carry a maturity date. But the disadvantage with the market account is that the deposits are not that much liquid as compared to your savings account.

5. Rates of return:
These deposit accounts insured with a higher rate of interest. It means, the more you deposit, the more interest you will get. But, when this is compared with a risky investment like shares and stocks, the return of money market accounts is not very high.

Wednesday, 11 January 2017

Europlaw Group Offers Best Legal Advice to Business

Corporate houses and businesses have to deal with many legal issues in their day to day affairs. Many times, companies have corporate lawyers empaneled for legal advice on such issues like public offerings, acquisition process, merger, liability matters and harassment suits. Europlaw Group is a boutique consultancy offering many specialized services like paymaster services, Fiduciary, escrow agents, legal counsellors and more.

Europlaw Group has a battery of lawyers and they are specialized in business transactions and contracts. We are expert in numerous aspects of the law and we provide effective support for carrying out the business operations in the best possible way. Our support can be essential for you in tasks like contract negotiations, tax law, securities, intellectual property, code compliance, financial reporting, bankruptcy and other sectors of the business. We can efficiently deal with all your legal concerns and our expert lawyer can provide the best ways of dealing with present and future problems.  Our lawyers offer legal advice online as well.

The Europlaw Group is a member of the INTERNATIONAL ASSOCIATION OF LAWYERS and as a holding company, we grow constantly by adding new professional partners in new locations worldwide. We understand that seeking legal advice is a matter of trust. We offer best legal advice in international and corporate law arena, as our expert lawyers are seasoned attorneys with wealth of experience. Whatever your focus is or whichever industry you work in, the lawyers at Europlaw will advise you regarding every aspect of international business law. From contract law to competition law, from clearly defined local challenges to complicated transnational projects, you can be sure that the right experts will advise you on the correct answers and solutions every time.