In trust law, a beneficiary (also known by the Law French terms cestui que use and cestui que trust), is the person or persons who are entitled to the...
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the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured. In trust law...
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as the "beneficiary", and the entrusted property is known as the "corpus" or "trust property". A testamentary trust is an irrevocable trust established...
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how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary generally cannot reach the funds in the trust, and the...
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A blind trust is a trust in which the trust beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling....
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In the trust law of England, Australia, Canada and other common law jurisdictions, a discretionary trust is a trust where the beneficiaries and their entitlements...
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In trust law, a bare trust is a trust in which the beneficiary has a right to both income and capital and may call for both to be remitted into their...
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special needs trust, also known in some jurisdictions as a supplemental needs trust, is a specialized trust that allows the disabled beneficiary to enjoy the...
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while any benefit from the property accrues to another person, the beneficiary. Trusts are commonly used to hold inheritances for the benefit of children...
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and manage this right for a beneficiary (to whom the full property will be transferred with the termination of the trust) who has the "equitable right"...
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"Preferred Beneficiary election" and attribute the trust income to the beneficiary of the trust without actually paying it out. The trust beneficiary would...
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to a named beneficiary. For example, a Totten trust arises when a bank account is titled in the form "[depositor], in trust for [beneficiary]". The name...
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the benefit of beneficiaries Trustor (agent), an entity that trusts another entity Trustor affair, an investment company takeover Trust (disambiguation)...
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in possession trust is a trust in which at least one beneficiary has the right to receive the income generated by the trust (if trust funds are invested)...
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Trustee (category Wills and trusts)
prospective beneficiary. Trustees have certain duties (some of which are fiduciary). These include the duty to: Carry out the expressed terms of the trust instrument...
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the settlor. Not all trusts where the settlor is also the beneficiary are resulting trusts. In common law systems, express trusts that clearly state the...
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set the terms of trusts in any way they like, there is a growing body of legislation to protect beneficiaries or regulate the trust relationship, including...
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the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and the courts. The asset-protection trust is...
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trust agreement) for the benefit of another party known as the beneficiary. Trusts can be used as a vehicle to make assets available to a beneficiary...
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the trust fund other than as directed by the beneficiary, and where there are no restrictions beneficiary's right to use the property. A nominee trust is...
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borrower is referred to as the trustor, while the lender is referred to as the beneficiary. Transactions involving deeds of trust are normally structured, at...
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persons, called beneficiaries. The trustee may distribute the property, or the income from that property, to the beneficiaries. Express trusts are frequently...
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or grantor who creates the trust; (B) a trustee who administers and manages the trust and its assets; and (C) a beneficiary who receives the benefit of...
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into an irrevocable trust. The trust then pays a fixed amount of income each year to the donor or the donor's specified beneficiary. When the donor dies...
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A fiduciary trust is a fiduciary relationship in which a trustee holds the title to assets for the beneficiary. The trust's creator is called the grantor...
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sole beneficiary of a trust. In such a case, the trust is sometimes deemed to have terminated (with the result that the beneficiary owns the trust property...
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The beneficiary principle is a policy of English trusts law, and trusts in Commonwealth jurisdictions, that trusts which do not have charitable objects...
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annuity trust) or a percentage of trust principal (charitable remainder unitrust), to either the donor or another named beneficiary. If the trust qualifies...
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specified time, any remaining value in the trust is passed on to a beneficiary of the trust as a gift. Beneficiaries are generally close family members of...
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A beach bum trust provision, in the law of trusts, ties the ability of a trust beneficiary to take from the trust to the beneficiary's own earnings. "Beach...
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