MetaGlossary.com: Life Beneficiary

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Keywords: Doesn, Beneficiary, Trust, Dispose, Receives

Related Terms: Revocable Trust, Pour-Over Will, Living Trust, Inter Vivos, Inter Vivos Trust, Heir, Bypass Trust, Intestacy, Residuary, Life Interest, Irrevocable Trust, Spendthrift Trust, Charitable Trust, Heirs, Intestate Succession, Residuary Estate, Charitable Lead Trust, Contingent Bequest, Remainder Interest, Testamentary Gift, Testamentary Trust, Credit Shelter Trust, Irrevocable Living Trust, Distributee, Bequest, Residuary Beneficiary, Decedent, Ab Trust, Qualified Terminable Interest Property Trust, Remainder Beneficiary, Revocable Living Trust, Marital Trust, Life Tenant, Remainderman, A-B Trust, Crummey Trust, Qualified Personal Residence Trust, Qprt, Probate Estate, Testamentary, Crummey Power, Grat, Qualified Terminable Interest Property, Qtip Trust, Ancillary Probate, By-Pass Trust, Disclaimer Trust, Dynasty Trust, Inter-Vivos Trust

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Trust beneficiary who receives income for the lifetime. Also known as income beneficiary.

http://www.cacu.com/help/glossary/l.html

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One who receives payments of other rights from a trust for his or her lifetime.

http://www.massrelaw.org/glossary/l.htm

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A person who receives the use of trust property and the benefit of trust income for his or her life, but who doesnâ€(tm)t own the trust property itself (the principal). A life beneficiary generally does not have any power to dispose of the trust property upon his or her own death.

http://www.castleestateplanning.com/estate_planning_glossary.php

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The person who receives payments or other rights from a trust for his lifetime.

http://www.charlie-robinson.com/glossary.htm

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A lifetime benefit given to a person usually by a trust or a will.

http://www.alllaw.com/glossary1/Ll/

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