Examples of Name of Beneficiary in a sentence
Funeral Home Preneed Establishment License Number Name of Beneficiary Date Charges are only for those items that you selected or that are required.
Make checks payable to CCT First-Party PSNT f/b/o (Name of Beneficiary) or Commonwealth Community Trust First-Party Pooled Special Needs Trust for the benefit of (Name of Beneficiary).
The income or principal of any Trust under this Agreement allocated to [Name of Beneficiary] may be expended for his/her benefit, or may be paid to [Name of Beneficiary]’s natural guardian or custodian, without liability on the part of the Trustee to see the application thereof.
The income and principal of this trust may therefore be used as judged necessary and appropriate as a supplement to, but not to supplant any assistance that [Name of Beneficiary] receives or may receive.
Notwithstanding the foregoing portion of this paragraph, no income allocated to [Name of Beneficiary] shall be distributed in a manner that would make the same countable for purposes of determining [Name of Beneficiary]’s eligibility for needs based government programs or benefits, or to [Name of Beneficiary]’s natural guardian, other than for a specific expense incurred for [Name of Beneficiary]’s sole benefit for which the natural guardian must furnish a receipt to the Trustee.
The corpus of the Trust shall be distributed for the primary benefit of [Name of Beneficiary], and his/her present and future needs shall be considered first, and without regard to the interest of any Remainder Beneficiary.
To that end, it is my wish that the Trustee view themselves not only as trustee in the traditional sense, but also as protector, guardian and advocate for [Name of Beneficiary].
The Trustee, within their complete and unfettered discretion, shall apply the income and principal of the Trust for the Benefit of [Name of Beneficiary] for the purpose of providing for [Name of Beneficiary]’s extra and supplemental care.
The Trust for the Benefit of [Name of Beneficiary] shall be funded with such assets as Grantor/Settlor/Testator or any other person has transferred or will transfer to the Trustee, or which is bequeathed hereto by the Grantor/Settlor/Testator or any other person other than the special needs beneficiary.
In providing for the establishment of this trust for the benefit of [Name of Beneficiary], I am aware of the special circumstances and disabilities affecting [Name of Beneficiary] which may cause or will cause him/her to be eligible for various local, state and federal benefits and entitlements, as well as possible assistance provided by various private agencies and organizations.