Income beneficiary definition

Income beneficiary means a person to whom net income of a trust is or may be payable.
Income beneficiary means a person to whom net income of a
Income beneficiary means a person to whom a trust’s net income is or may be payable.

Examples of Income beneficiary in a sentence

  • Current mainte- nance includes costs incurred in ob- taining food, shelter, clothing, medical care and personal comfort items.Example: A Supplemental Security Income beneficiary is entitled to a monthly benefit of $264.

  • There were concerns raised around consent of the individuals whom were providing their DNA samples.

  • Income beneficiary - This term allows payments to the beneficiary from the proceeds of the trust.

  • Income beneficiary" means a person to whom net income of a trust is or may be payable.[PL 2017, c.

  • The individual may still be determined Medicaid eligible in an H, L, or T track coverage group or as Medicaid community eligible (e.g., as a medically needy recipient or a Supplemental Security Income beneficiary), so that Medicaid will pay for other State Plan services received by the individual.


More Definitions of Income beneficiary

Income beneficiary means the person to whom income is presently payable or for whom it is accumulated for distribution as income;
Income beneficiary means the person to whom income is
Income beneficiary means a person to whom net income of a trust is or
Income beneficiary means P.T. Limited, ACN 004 454 666.
Income beneficiary means that term as defined in section 102 of UPIA, MCL 555.502.
Income beneficiary means a person who:
Income beneficiary means any person to whom income is presently