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Statements

Subject Item
dbr:Beneficiary_(trust)
rdf:type
yago:WikicatWillsAndTrusts yago:Faculty105650329 yago:PsychologicalFeature100023100 yago:Abstraction100002137 yago:Volition105652593 yago:Cognition100023271 yago:Ability105616246
rdfs:label
Beneficiary (trust)
rdfs:comment
In trust law, a beneficiary or cestui que use, a.k.a. cestui que trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries.
dcterms:subject
dbc:Equity_(law) dbc:Wills_and_trusts
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960890473
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dbr:Mortgage_law dbr:Purpose_trust dbr:Testamentary_trust dbr:Rule_in_Saunders_v_Vautier dbr:Company_(law) dbc:Equity_(law) dbr:Remainderman dbr:Resulting_trust dbr:Charitable_trust dbr:Tax_planning dbr:Trust_instrument dbr:Inheritance_tax dbr:Inter_vivos_trust dbr:Discretionary_trust dbc:Wills_and_trusts dbr:Constructive_trust dbr:Trust_law dbr:Perpetuity_period dbr:Vesting dbr:Income_tax dbr:Bare_trust dbr:Beneficiary dbr:Capital_gains_tax dbr:Natural_person dbr:Cestui_que dbr:Tenant_for_life dbr:Assignment_(law) dbr:Trustee dbr:Settlor dbr:Chose_in_action
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dbo:abstract
In trust law, a beneficiary or cestui que use, a.k.a. cestui que trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries. Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.
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wikipedia-en:Beneficiary_(trust)?oldid=960890473&ns=0
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wikipedia-en:Beneficiary_(trust)