income beneficiary
31life income policy — noun : a life insurance policy providing for a stated life income to the beneficiary beginning at the death of the insured …
32Interest in possession trust — An interest in possession trust is a form of legal arrangement which gives a person a present right to the present enjoyment of something [ Viscount Dilhorne in Pearson v IRC [1980] STC 318 at 323] . At least one of the beneficiaries of this type …
33life interest trust — A type of private trust where the life tenant is entitled to receive for life or a fixed period all or a fixed share of the income generated by the trust fund. On his death, the right to trust income will pass to another or the trust may come to… …
34interest in possession — England, Wales Interest in possession (IIP) is a trust law principle that has UK taxation implications. A beneficiary of a trust has an IIP if they have the immediate right to receive the income arising from the trust property, or have the use… …
35IIP — England, Wales Interest in possession (IIP) is a trust law principle that has UK taxation implications. A beneficiary of a trust has an IIP if they have the immediate right to receive the income arising from the trust property, or have the use… …
36Charitable trust — Wills, trusts and estates …
37charitable remainder annuity trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder annuity trust …
38charitable remainder unitrust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder unitrust …
39charitable remainder annuity trust — A trust which must pay the noncharitable income beneficiary or beneficiaries a sum certain annually, or more frequently, if desired, which is not less than 5% of the initial net fair market value of all property placed in the trust as finally… …
40charitable remainder annuity trust — A trust which must pay the noncharitable income beneficiary or beneficiaries a sum certain annually, or more frequently, if desired, which is not less than 5% of the initial net fair market value of all property placed in the trust as finally… …
