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  2. Beneficiary (trust) - Wikipedia

    en.wikipedia.org/wiki/Beneficiary_(trust)

    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 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 ...

  3. Henson trust - Wikipedia

    en.wikipedia.org/wiki/Henson_trust

    However if the trust was established for a person with a disability in Canada, who has qualified for the Disability Tax Credit the trustees can use the "Preferred Beneficiary election" and attribute the trust income to the beneficiary of the trust without actually paying it out. The trust beneficiary would file a tax return as if they earned ...

  4. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    Trust deed: A trust deed is a legal document that defines the trust such as the trustee, beneficiaries, settlor and appointer, and the terms and conditions of the agreement. Trust distributions: A trust distribution is any income or asset that is given out to the beneficiaries of the trust.

  5. Fiduciary - Wikipedia

    en.wikipedia.org/wiki/Fiduciary

    Fiduciary duties in a financial sense exist to ensure that those who manage other people's money act in their beneficiaries' interests, rather than serving their own interests. A fiduciary duty [ 5 ] is the highest standard of care in equity or law.

  6. I'm a Trustee. Can I Remove a Beneficiary From a Trust? - AOL

    www.aol.com/finance/trustee-remove-beneficiary...

    When you establish a trust, you'll need to … Continue reading → The post Can a Trustee Remove a Beneficiary From a Trust? appeared first on SmartAsset Blog. I'm a Trustee.

  7. Inheritance law in Canada - Wikipedia

    en.wikipedia.org/wiki/Inheritance_law_in_Canada

    Inheritance law in Ontario is governed by the Succession Law Reform Act (SLRA). The SLRA sets out the rules for how property is distributed when someone dies without a will (intestate) and how to probate a will. The Act provides for certain family members to be entitled to a portion of the deceased's estate, including spouse, children and parents.

  8. Cestui que - Wikipedia

    en.wikipedia.org/wiki/Cestui_que

    The cestui que is the person for whose benefit (use) the trust is created. Any such person is, unless restricted by the trust instrument, fully entitled to the equitable interests such as annual rents/produce/interest, as opposed to the legal ones such as any capital gain, of the property forming the trust assets. [1]

  9. Beneficiary - Wikipedia

    en.wikipedia.org/wiki/Beneficiary

    A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, 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, beneficiaries are also known as cestui que use.