Beneficiary - Law Dictionary Search Results
Perpetuity
or other instrument the absolute vesting either of capital or income of property or the ascertainment of a beneficiary or class of beneficiaries, is made to depend on the attainment by the beneficiary or members of the
Advancement
trustees authorizing them to advance a part (or the whole) of the estate or funds to which a beneficiary may ultimately become entitled under the will or settlement for his or her benefit before the period of
Trustee
to property, holds it in trust for the benefit of another and owes a fiduciary duty to that beneficiary, Black's Law Dictionary, 7th Edn., p. 1519. Trustee, one entrusted with property for the benefit of another, called
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Consumer
or promised or partly paid and partly promised, or under any system of deferred payment and includes any beneficiary of such services other than the person who hires or avails of the services for consideration paid or
Holds
section the person mentioned therein holds land partly for his benefit or partly for the benefit of the beneficiary or wholly for the benefit of the beneficiary, K.K. Handioue v. Board of Agricultural Income Tax, AIR 1966
Cestui que trust
Roman Law obligations analogous to trusts could only be crated by testament; the trustee was (Heres) 'fiduciarius'; the beneficiary, 'fideicommissarius.' Sandars, Inst. Lib. 2 tit. XXIII.
duty
trustee) to act with loyalty and honesty and in a manner consistent with the best interests of the beneficiary of the fiduciary relationship (as a principal or trust beneficiary) 3 : tax ;esp : a tax on
Settlement
DUTY. The conveyance of property -- or of interests in property -- to provide for one or more beneficiaries, usu. members of settlor's family in a way that differs from what the beneficiaries would receive as heirs
From, 'To'
January, it might be valid only for a few hours after its execution and the party or the beneficiary in the insurance policy would not get reasonable time to lay claim, unless the 1st January is excluded
vested
forfeiture if employment terminates before retirement [ pension benefits] 2 : having a vested interest [a employee] [a beneficiary]
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