Unincorporated Business Equity
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An Unincorporated Business Equity is a business equity in a unincorporated business.
References
2014
- http://blogs.wsj.com/economics/2014/12/26/how-to-save-like-the-rich-and-the-upper-middle-class-hint-its-not-with-your-house/
- The top 1% of Americans – who have a net worth of more than $7.8 million – hold nearly half their gross assets in unincorporated business equity and other real estate. They have an additional 27% of wealth in financial securities, such as corporate stock, mutual funds and personal trusts. But typically, little of their wealth is tied up in their personal residences.