A beneficiary of trust is the individual or group of individuals for whom a trust is created. The trust creator or grantor designates beneficiaries and a trustee, who has a fiduciary duty to manage trust assets in the best interests of beneficiaries as outlined in the trust agreement....
DiRusso, Alyssa A. and Sablone, Kathleen M. "Statutory Techniques for Balancing the Financial Interests of Trust Beneficiaries," University of San Francisco Law Review 39 (2005): 261-318.DiRusso, Alyssa A. and Sablone, Kathleen M. "Statutory Techniques for Balancing the Financial Interests of ...
A trust beneficiary's interest is an equitable property interest. It can be a present interest or a future interest, and, whether vested or contingent, the interest is property. Even a contingent equitable remainder-in-corpus incident to an ongoing irrevocable trust is infinitely more substantive ...
aSuch a trust is for named beneficiaries in defined shares 这样信任是为命名的受益人在被定义的份额[translate]
1. 任意受益人 例句:1.These shares were indirectly owned by a discretionary trust of which mr.thomas lau and his certain family members were eligible beneficiaries.该等股份由一项以刘銮鸿先生及其若干家族成员为合资格受益人之全权信托间接拥有.2.Mr. mw lau and certain other family members...
Trust beneficiaries who have been given vested rights usually have fixed interests in the trust assets. For instance, a trust may grant Suzy the right to live on Blackacre for the remainder of her life. Suzy would have a vested right to live on Blackacre, which would end when she dies. ...
Can IRA Beneficiaries Trust Creditor Protection Without a Trust? Tennessee Bar JournalSMITH, EDDY R.
The trustee may be one or more individuals, a corporation or a combination of the two serving as co-trustees. Are you a trust beneficiary? You’re probably the beneficiary of an irrevocable trust that was created by a family member to provide you with financial resources and security. Here’...
Can IRA Beneficiaries Trust Creditor Protection Without a Trust?The article focuses on protection of inherited individual retirement accounts (IRAs) from creditors in Tennessee. Topics discussed include Bankruptcy Code section 522(b)(2) exemptions that limits Tennessee bankruptcy debtors to the exemptions...
Trust Ownership of the Policy If yourlife insurancebeneficiary is your spouse, there's no issue; assets pass estate-tax-free between spouses no matter the amount (as long as the spouse is a U.S. citizen).1 However, depending on what state you live in, if your estate is larger than yo...