Trust beneficiary definition
Trust beneficiary means that term as defined in section 7103 of the estates and protected individuals code, 1998 PA 386, MCL 700.7103.
Trust beneficiary means a person to whom 1 or both of the following apply:
Trust beneficiary means a beneficiary under the Trust Agreement, as defined in the Trust Agreement.
Examples of Trust beneficiary in a sentence
In addition, the Trustee may carry or purchase life insurance on the life of any Trust beneficiary, and may exercise or release any rights with regard to such policy.
The benefits will be held and invested by the Trustee (according to the Grantor’s instructions), and distribution of the trust assets will be made to you as the Trust beneficiary when you reach the age of 65 or 67, depending upon the Benefit Period you purchased in your Policy.
Trust beneficiary interests that have real estate as the main assets in trust, etc.
Trust beneficiary interests with real estate as the main assets in trust are stated in “3.
Sentry is neither a Trust beneficiary nor a member of the Subrogated Group.
More Definitions of Trust beneficiary
Trust beneficiary as defined in Section 1.12.
Trust beneficiary means a person that has a present or future beneficial interest in a trust, whether vested or contingent.
Trust beneficiary means a holder of an Allowed General Unsecured Claim; provided, however, that any Prepetition Lender who holds an Allowed General Unsecured Claim on account of Claims arising under the Prepetition Credit Agreement shall not be a Trust Beneficiary for purposes hereof.
Trust beneficiary means Lord Fuel Corp., a Delaware corporation, and its permitted successors.
Trust beneficiary means any Person that beneficially owns an Interest in the Trust, as shown on the records of the Custodian.
Trust beneficiary means a Liquidation Trust Beneficiary or a Wind-Down Trust Beneficiary, as applicable.
Trust beneficiary means Participants in the Arrangements and their beneficiaries, individually and collectively.